About Property Consultancy-
The function of a property consultant is critical whether customers wish to buy, rent, or sell a property. Property consultants, as the name implies, are people or businesses who deal with real estate, whether it's purchasing, selling, or renting. There are numerous property consultants in practically every neighborhood. All of these people work as property consultants in the local or neighboring areas. Some property consultants work on a larger scale than local property consultants. Property consultants in deal with both commercial and residential property, including land, flats, and villas. Large consulting firms provide a variety of services to aid in the valuation of a development project or real estate investment. They work with real estate investment trusts (REITs), other investors, lenders, business owners, and corporate real estate groups to provide real estate consulting services. Consultancy firms employ real estate consultants to provide due diligence, market studies, lease advising, and portfolio services. They also help with portfolio positioning, strategy, financial analytics, and modeling for real estate.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Global Property consultancy is a fragmented market due to the presence of various players. The players are focusing on expanding their business in the new regions. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United Kingdom Vendors will contribute the maximum growth to Global Property Consultancy- 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.
Savills (United Kingdom), Deloitte NSE (United Kingdom), Mott MacDonald (United Kingdom), Knight Frank (United Kingdom), AVISTA (United States), Island Property Consultancy (China), GCA Professional Services (China), Henry Wiltshire (United Arab Emirates), CBRE Group (United States), Ridge and Partners (United Kingdom) and WSP Global (Canada) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Houston Lawrence (London), Eidea Inc (United States) and Leechiu Property Consultants (Philippines).
Segmentation Overview
AMA Research has segmented the market of Global Property Consultancy- market by Type (Strategic Consultancy and Development Consultancy), Application (Residential and Commercial) and Region.
On the basis of geography, the market of Property Consultancy- 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 Service, the sub-segment i.e. Property Advisory will boost the Property Consultancy- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Application of Property management services
Market Growth Drivers:
Growing integration between financial and property markets and Increasing demand for the real estate agents
Challenges:
Competition from investment banks, financial advisors, accountancy, and law firms
Restraints:
The cost of consulting services is high
Opportunities:
Global demand for property and property services
Market Leaders and their expansionary development strategies
In October 2021 - Global property consultancy Knight Frank, and Cresa, the world’s largest occupier-centric commercial real estate firm, announced their new partnership to deliver occupier real estate services globally. The partnership between Knight Frank and Cresa is founded on complementary capabilities, shared values, and the commitment of their independent partner-owned companies. Together they offer an integrated platform of services directed at corporate end-users, providing a truly global solution for occupier clients.
In June 2021 - Knight Frank, a leading International Property Consultancy, and Khaitan & Co, one of India’s largest law firms, launches New Era for Rental Real Estate in India. This Act has far-reaching implications for both the residential and commercial real estate asset classes and will help create a three-tiered regulatory ecosystem for stakeholders.
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.