Mobile Menu

Real Estate Rental in Mexico - Market Research Report (2009-2024)

Dmitry Diment Dmitry Diment New York, United States Last Updated: June 2019 NAICS 53111MX

Revenue

$16.7bn

2019

$16.7bn

Past 5-Year Growth

Profit

$X.Xbn

Employees

77,051

Businesses

31,871

Wages

$X.Xbn

Real Estate Rental in Mexico industry analysis

The Real Estate Rental industry in Mexico includes companies that rent and lease real estate without using a broker or other form of intermediation. Establishments rent a variety of properties, including furnished and unfurnished homes; rooms for parties and conventions; offices and commercial properties; theaters; stadiums; auditoriums; land and industrial buildings. The market is largely segmented between residential and commercial leasing; revenue from residential rentals is expected to account for 47.7% of industry revenue in 2019, followed by commercial leasing at 42.0% of industry revenue. In 2019, revenue from storage and warehouse leasing is expected to account for 7.3% of industry revenue, with land leasing accounting for the remaining 3.0%.

    Access hundreds of analysis and data

    • Market estimates from 2014-2029
    • Critical performance data and rankings
    • Detailed analysis of competitive forces and the external environment
    • PDF report or online database with Word, Excel and PowerPoint export options
    • 100% money back guarantee

    Market size and recent performance (2009-2024)

    Industry revenue has declined at a CAGR of -1.2% over the past five years, to reach an estimated $16.7bn in 2019.

    Trends and Insights

    • The industry has experienced turbulent conditions as a result of softening demand
    • Additional trends and insights available with purchase

    Biggest companies in the Real Estate Rental in Mexico

    Company
    2019
    Market Share (%)
    2019
    Revenue ($m)
    2019
    Profit ($m)
    2019
    Profit Margin (%)
    2019
    Administradora de Servicios Profesionales Especializados SA de CV
    NAI Mexico
    Jones Lang LaSalle Incorporated

    To view the market share and analysis for all 4 top companies in this industry, view purchase options.

    Products & Services Segmentation

    Industry revenue is measured across several distinct product and services lines, including Residential rental, Commercial leasing and Storage and warehouse leasing. Residential rental is the largest segment of the Real Estate Rental in Mexico.

    Trends and Insights

    - Residential rentals account for an estimated 47.7% of industry revenue in 2019.

    • This figure has declined during the current five-year period.
    • More insights available in the full report

    Table of Contents

    About this industry

    Industry definition

    The Real Estate Rental industry in Mexico includes companies that rent and lease real estate without using a broker or other form of intermediation. Establishments rent a variety of properties, including furnished and unfurnished homes; rooms for parties and conventions; offices and commercial properties; theaters; stadiums; auditoriums; land and industrial buildings. The market is largely segmented between residential and commercial leasing; revenue from residential rentals is expected to account for 47.7% of industry revenue in 2019, followed by commercial leasing at 42.0% of industry revenue. In 2019, revenue from storage and warehouse leasing is expected to account for 7.3% of industry revenue, with land leasing accounting for the remaining 3.0%.

    What's included in this industry?

    Apartment RentalCommercial LeasingStorage & Warehouse LeasingLand LeasingResidential rentalCommercial leasingStorage and warehouse leasingLand leasing

    Companies

    Administradora de Servicios Profesionales Especializados SA de CVNAI MexicoJones Lang LaSalle Incorporated

    Purchase this report to view all 4 major companies in this industry.

    Related Terms

    LOAN-TO-VALUE RATIO (LTV)OCCUPANCY RATEVACANCY RATE

    Industry Code

    NAICS

    NAICS 53111MX - Real Estate Rental in Mexico

    Performance

    Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

    Analyst insights

    National unemployment rate. The unemployment rate is a major factor in determining the health of the economy. During times of strong economic growth, companies expand and dema...

    In this chapter (4)

    • Current Performance
    • Outlook
    • Volatility
    • Life Cycle

    Key metrics

    • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
    • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
    • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
    • Total Profit, Profit Margin, Profit per Business

    Charts

    • Revenue, including historical (2009-2018) and forecast (2019-2024)
    • Employees, including historical (2009-2018) and forecast (2019-2024)
    • Businesses, including historical (2009-2018) and forecast (2019-2024)
    • Profit, including historical (2009-2019)
    • Industry Volatility vs. Revenue Growth
    • Industry Life Cycle

    Detailed analysis

    • Trends in supply, demand and current events that are driving current industry performance
    • Expected trends, economic factors and ongoing events that drive the industry's outlook
    • Key success factors for businesses to overcome volatility
    • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

    Products and Markets

    Learn about an industry's products and services, markets and trends in international trade.

    Analyst insight

    - Residential rentals account for an estimated 47.7% of industry revenue in 2019. This figure has declined during the current five-year period.

    In this chapter

    • Products & Services
    • Major Markets

    Key metrics

    • Largest market segment and value in 2019
    • Product innovation level

    Charts

    • Products & services segmentation in 2019
    • Major market segmentation in 2019

    Detailed analysis

    • Trends impacting the recent performance of the industry's various segments
    • Innovations in the industry's product or service offering, specialization or delivery method
    • Key factors that successful businesses consider in their offerings
    • Buying segments and key trends influencing demand for industry products and services

    Geographic Breakdown

    Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

    Analyst insights

    Companies in the Real Estate Rental industry in Mexico are distributed in line with the distribution of the population. Within the residential apartment rental segment, the mo...

    In this chapter (1)

    • Business Locations

    Charts

    • Share of revenue, establishment, wages and employment in each region
    • Share of population compared to establishments in each region in 2019

    Tables

    • Number and share of establishments in each region in 2019
    • Number and share of revenue each region accounts for in 2019
    • Number and share of wages each region accounts for in 2019
    • Number and share of employees in each region in 2019

    Detailed analysis

    • Geographic spread of the industry across North America, and trends associated with changes in the business landscape
    • Key success factors for businesses to use location to their advantage

    Competitive Forces

    Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

    Analyst insights

    Financial structure of the company. All risks should be considered (e.g. quality of tenants, length of tenant leases, rent escalation) when acquiring investment property and w...

    In this chapter (4)

    • Concentration
    • Barriers to Entry
    • Substitutes
    • Buyer & Supplier Analysis

    Key metrics

    • Industry concentration level
    • Industry competition level and trend
    • Barriers to entry level and trend
    • Substitutes level and trend
    • Buyer power level and trend
    • Supplier power level and trend

    Charts

    • Market share concentration among the top 4 suppliers from 2014-2019
    • Supply chain including upstream supplying industries and downstream buying industries, flow chart

    Detailed analysis

    • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
    • Key success factors for businesses to manage the competitive environment of the industry.
    • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
    • Key success factors for potential entrants to overcome barriers to entry.
    • Competitive threats from potential substitutes for the industry’s own products and services.
    • Key success factors for how successful businesses can compete with substitutes.
    • Advantages that buyers have to keep favorable purchasing conditions.
    • Advantages that suppliers have to maintain favorable selling conditions.
    • Key success factors for how businesses can navigate buyer and supplier power.

    Companies

    Learn about the performance of the top companies in the industry.

    Analyst insights

    Administradora De Servicios Profesionales Especializados SA de CV is a professional services company based in Monterrey. Founded in 1991, the company provides a variety of pro...

    In this chapter

    • Market Share Concentration
    • Companies
    • Company Spotlights

    Charts

    • Industry market share by company in 2015 through 2019
    • Major companies in the industry, including market share, revenue, profit and profit margin in 2019
    • Overview of Administradora de Servicios Profesionales Especializados SA de CV's performance by revenue, market share and profit margin from 2013 through 2019
    • Overview of NAI Mexico's performance by revenue, market share and profit margin from 2013 through 2019
    • Overview of Jones Lang LaSalle Incorporated's performance by revenue, market share and profit margin from 2013 through 2019
    • Overview of revenue, market share and profit margin trend for one additional company

    Detailed analysis

    • Description and key data for Administradora de Servicios Profesionales Especializados SA de CV, and factors influencing its performance in the industry
    • Description and key data for NAI Mexico, and factors influencing its performance in the industry
    • Description and key data for Jones Lang LaSalle Incorporated, and factors influencing its performance in the industry
    • Description, key data and performance trends for one additional company

    External Environment

    Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

    Analyst insights

    The Real Estate Rental industry is subject to a moderate and steady level of regulation. The Mexican Civil Codes (Civil Codes), which have been in effect since 1932, provide o...

    In this chapter

    • External Drivers
    • Regulation & Policy
    • Assistance

    Key metrics

    • Regulation & policy level and trend
    • Assistance level and trend

    Charts

      Detailed analysis

      • Demographic and macroeconomic factors influencing the industry
      • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
      • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

      Key Statistics

      Industry Data

      Data Tables

      Including values and annual change:

      • Revenue (2009-2024)
      • IVA (2009-2024)
      • Establishments (2009-2024)
      • Enterprises (2009-2024)
      • Employment (2009-2024)
      • Exports (2009-2024)
      • Imports (2009-2024)
      • Wages (2009-2024)

      Top Questions Answered

      Unlock comprehensive answers and precise data upon purchase. View purchase options.

      What is the estimated market size of the Real Estate Rental industry in Mexico in 2019?

      The market size of the Real Estate Rental industry in Mexico is $16.7bn in 2019.

      How many businesses are there in the Real Estate Rental in Mexico industry in 2019?

      There are 31,871 businesses in the Real Estate Rental industry in Mexico, which has declined at a CAGR of 2.0% between 2014 and 2019.

      Has the Real Estate Rental industry in Mexico grown or declined over the past 5 years?

      The market size of the Real Estate Rental industry in Mexico has been at a CAGR of -1.2% between 2014 and 2019.

      What is the forecast growth of the Real Estate Rental industry in Mexico over the next 5 years?

      The Real Estate Rental in Mexico market is forecast to over the five years from 2019 to 2024

      What are the biggest companies in the Real Estate Rental market in Mexico?

      The biggest companies operating in the Real Estate Rental market in Mexico are Administradora de Servicios Profesionales Especializados SA de CV, NAI Mexico and Jones Lang LaSalle Incorporated

      What does the Real Estate Rental in Mexico include?

      Apartment Rental and Commercial Leasing are part of the Real Estate Rental industry.

      Which companies have the highest market share in the Real Estate Rental in Mexico?

      The company holding the most market share in Mexico is Administradora de Servicios Profesionales Especializados SA de CV.

      How many people are/were employed in the Real Estate Rental in Mexico in 2019?

      There are 77,051 employed in the Real Estate Rental industry in Mexico 2019.

      Widen your competitive advantage with related industries

      Related Domestic Industries

      • Residential building construction contractors build single-family or multifamily residential units.
      • Nonresidential building construction contractors provide construction services to the nonresidential building market.

      View all industries in Mexico

      Methodology

      How are IBISWorld reports created?

      IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.

      Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

      IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

      What data sources do IBISWorld analysts use?

      Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

      Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

      These sources include:

      • Industry and trade associations
      • Industry federations or regulators
      • Major industry players annual or quarterly filings

      Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

      How does IBISWorld forecast its data?

      IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

      IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.

      Learn more about our methodology and data sourcing on the Help Center.