About Commercial Real Estate
Commercial real estate (CRE) is property used exclusively for business-related purposes or to provide a workspace rather than a living space, which would instead constitute residential real estate. Most often, commercial real estate is leased to tenants to conduct income-generating activities. This broad category of real estate can include everything from a single storefront to a huge shopping center. Commercial real estate comes in a variety of forms. It can be anything from an office building to a residential duplex, or even a restaurant, coffee shop, or warehouse. the commercial real estate market appears poised for growth, particularly in regions like India. However, staying informed about potential challenges is crucial for making informed investment decisions.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The key manufacturers are targeting the innovations of the products with better quality, and better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking about mergers and acquisitions to maintain their presence in the market. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Commercial Real Estate market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Jones Lang LaSalle IP, Inc. (United States), Savills (United Kingdom), Cushman & Wakefield (United States), Colliers (Canada), Newmark (United States), BHH Affiliates, LLC (United States), Marcus & Millichap (United States), Blackstone Inc. (United States), Brookfield India Real Estate Trust Inc. (India) and Boston Consulting Group (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Hines (United States), Prologis, Inc. (United States), Coldwell Banker (United States), Lee & Associates Licensing & Administration Co., LP (United States) and Reliance Network and Reliance Network (India).
Segmentation Overview
AMA Research has segmented the market of Global Commercial Real Estate market by and Region.
On the basis of geography, the market of Commercial Real Estate has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Property Type, the sub-segment i.e. Retail will boost the Commercial Real Estate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Transaction Type, the sub-segment i.e. Sales will boost the Commercial Real Estate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Government will boost the Commercial Real Estate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Integration of AI and VR techniques in commercial real estate
Market Growth Drivers:
Increasing need for contemporary office spaces and Rising of specific industries, like technology or healthcare industry
Challenges:
High Interest Rates
Restraints:
Economical Uncertainty
Opportunities:
Technological Advancement with smart technology for automation, security, or data management and Increasing Foreign Investment
Market Leaders and their expansionary development strategies
In December 2023, SitusAMC and Alias Intelligence Announced a Strategic Partnership to Expand Commercial Real Estate Due Diligence Offering. This collaboration integrates Alias's credit and background check reports into SitusAMC's underwriting, advisory, and diligence services.
In April 2023, the Real Estate Australia (REA) Group launched a commercial real estate listing service, which will focus on offering grade B properties in the top eight cities in India by the Group CEO, Housing.com. The platform will offer grade B property strata sales (sale of assets to retail or individual investors), floors, and retail establishments, not large malls and other such things.
Key Target Audience
Government Bodies, Regulatory Authorities, New Entrants, Potential Investors, Service Provider and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.