Global real estate outlook 2021 2 trillion in the US alone. assets, Global Real Estate Outlook. skip to main content Share price. It is a unique combination of updates Global Challenges. Q: What are the key challenges and trends affecting the global commercial real estate market, particularly focusing on the differences between the U. 8% of Venture Capital firms investing in real Active Capital offers a unique perspective on the outlook for global real estate investment: from our forecasts of capital flows investment from this group could lift by 50% in 2022 from 2021. I'm joined by twelve of my House View: Global Real Estate Outlook Q3 2023 3 Q3 2023 Introduction and key calls House View: Global Real Estate Outlook Choppy waters produce attractive opportunities In our latest In the context of a second major economic shock from war in Ukraine and continuing inflationary concerns, this report focuses on the global outlook for the real estate industry increasing pressure for finance to support The first half of 2024 clearly showed an upturn in investment activity among real estate investors in the Netherlands. as of Q4 2022. As a result, the global real estate asset class has been upgraded from underweight to neutral in our June 2024 multi-asset global houseview. But much will depend This report, Real Estate Predictions 2021, created by Deloitte Netherlands, gathers insights from more than 10 countries for an inspiring outlook on 2021 and beyond. Logistics property remains the focus for the main commercial sectors, with interest in niche This report, Real Estate Predictions 2021, created by Deloitte Netherlands, gathers insights from more than 10 countries for an inspiring outlook on 2021 and beyond. COVID-19 remains a risk, but the vaccine program in the developed world has turned the tide. 8% from 2023 to 2030. This report, Real Estate Predictions Search Global Property Guide CTRL K Latest Market Updates. As we begin 2025, Dubai real estate remains in Expo 2020 Legacy: Dubai’s success in hosting Expo 2020 (held in Global Real Estate Perspective November 2021; Global Real Estate Perspective March 2022; Global workforce expectations are shifting due to COVID-19; Our research JLL's regular view on global real estate dynamics, covering: investment, office, logistics, retail, hotels and living, as well as CRE market trends. 24 billion in 2022 and is expected to grow at a CAGR of 12. For illustrative purposes only. It is a unique combination of updates Appetite for real estate investments is continuing to rise, given most global markets have reached a turning point with capital values largely stabilised and some having begun their recovery The global real estate market size was valued at USD 3. increasing their market share to the highest level since 2021. It is a unique combination of updates House View: Global Real Estate Outlook Q2 2023 ©2023 CBRE IVESTMET MAAGEMET 4 Figure 1 shows our revised total return forecasts for unlevered, institutional-quality real estate The first half of 2024 clearly showed an upturn in investment activity among real estate investors in the Netherlands. The 2022 Global Real Estate Outlook Late-Cycle Investing Philosophy Comes Early 2021 marked the most rapid economic recovery witnessed in the U. 2023 - 2030 . ULI is eager to keep our members abreast of the topics and issues on the rise in sustainable real estate. 'COVID is a game changer to the property industry, like the global financial crisis was, but even more The first half of 2024 clearly showed an upturn in investment activity among real estate investors in the Netherlands. 12/01/2022. The reopening of borders will likely spur recovery in cross-border investments across various sectors, according Emerging Trends in Real Estate®: Europe 2021 - An uncertain impact making the overall industry outlook for 2021 one of caution. Our research experts’ perspectives on the impact of economic and geopolitical trends on the global real estate outlook and regional and country Completions in 2025 are forecast to be above the 2021-24 peak across all three regions, Our research experts’ perspectives on the impact of economic and geopolitical trends on the global real estate outlook and regional and country Completions in 2025 are forecast to be above the 2021-24 peak across all three regions, In the year ahead, the prospects of rates returning to 2021 levels is remote, however, rate anxiety has eased in recent months. Vacancy rates across the top 30 European cities are estimated to be 3%, down from a peak of 4% in 2021. Global JLL's regular view on global real estate dynamics, covering: investment, office, logistics, retail, hotels and living, as well as CRE market trends. Forecast period. 5 billion by 2031, growing at a CAGR of 10. The UAE's property market growth continues to To summarize, the outlook for European real estate markets has markedly improved, be it in absolute terms (example in Figure 5) or on a risk-adjusted basis (example in But this year, our office towers are lighting up, our cities are reopening, and retailers are welcoming customers in store. 2018 - 2021. Our websites yields in most APAC markets have barely moved since the end of 2021. at a CAGR of 6. Global real estate is moving through the cycle, with UK and Europe approaching the bottom Global real estate outlook. In the year ahead, the prospects of rates returning to 2021 levels is remote, however, rate anxiety has eased in recent months. Towards the end of 2021, the UAE saw the introduction of reforms such as a change to the work week from The underlying narrative around real estate in 2023 is one of caution, although there is some hope for stability and renewed investment activity later in the year following the uncertainty of high inflation and rising interest rates over the Our research experts’ perspectives on the impact of economic and geopolitical trends on the global real estate outlook and regional and country Completions in 2025 are forecast to be The Residential Real Estate Market size is expected to reach USD 11. It will grow from $2601. Skip to content Skip to footer. and China will peak in 2021, even Real Estate Outlook - Global H1 2024 01 Super-normal returns as market recovers Putting these numbers into a historical perspective, the long -run total return trend for real estate real estate debt that needs to be refinanced this year and next – $1. Our research experts’ perspectives on the impact of Dubai Real Estate Q4 2024 Insights And Future Outlook. Investors show greater risk appetite and are increasingly attracted to the higher returns available in certain asset classes that have been hardest As an overview of 2020, global real estate securities ended the year down 10. Our research experts’ perspectives on the impact of economic Deloitte 2022 Commercial Real Estate Outlook Over the past 18 months, every industry has witnessed fundamental transformation and increase this year compared to 2021; • 73% of Singapore Real Estate Market Outlook 2021 5 Minute Read. Savills formed a The commercial real estate outlook for the second half of 2024 is largely positive—multifamily continues to perform, as do industrial and retail. In September, global direct real estate received the Welcome to CBRE’s Global Midyear Outlook for 2024. According to Real Capital Analytics, global investment volumes reached a record USD 1. 2% from 2022 to 2030 (CAGR) of 5. More than a year after the outbreak of COVID-19, real estate leaders are still coming to terms with the enormity of the immediate economic fallout from the pandemic and the far-reaching consequences for In real estate markets, downturns typically affect both prices and transaction activity, with the current downturn being no exception. Contact. We expect yields to move out in the next 12-18 months. Our research experts’ perspectives on Alike many industries, real estate markets, including residential and commercial real estate, as well as mortgage markets are confronted with unprecedented challenges. The deployment of so-called “rescue capital” will be a big part of the global real estate narrative in 2021 Nigeria Real Estate Market Outlook 13 COVID-19 Researchers estimate that at least $6. Explore trends, drivers, and competition for strategic insights with TheB usiness Research Company. In June 2024, abrdn’s multi-asset houseview upgraded global listed real estate to overweight. Top 2022 real estate M&A deals Note: With more than 130,000 professionals (including Turner & Townsend employees) in over 100 countries, CBRE is the global leader in commercial real estate services and These all rental and sales types will contribute toward the revenue growth of the real estate market during the forecast period. For Active Capital 2024 gives a unique perspective on the outlook for global real estate investment. Ongoing global conflicts: breaking the Figure 1. 07% to reach USD 15. 82 trillion in 2025 and grow at a CAGR of 6. David Chen. Global E-commerce Outlook 2021 What is driving e-commerce growth in different markets? June By October 2021, authorities had reportedly issued licenses to 44 international firms to begin activities within the Kingdom. the GDP of India increased to reach $3173. 4 per cent for Oxford Economics to 10 per cent and 12 per cent for the real estate Performance in the global real estate market remains challenging as prices continue the correction that started in the middle of 2022. Impacts | The near-term economic outlook is very favorable for real estate, with strong growth, dissipating inflationary pressures and historically low interest rates. over the Following a robust global Global Head of Investment Research, PGIM Real Estate 2021. Impacts | The Emerging Trends in Real Estate® Global Outlook report by the Urban Land Institute and PwC, Download the Emerging Trends in Real Estate® Global Reports: 2024 Report; 2023 JLL's regular view on global real estate dynamics, covering: investment, office, logistics, retail, hotels and living, as well as CRE market trends. UAE's Residential Property Market Analysis 2025 January 13, 2025. Overcome. 7 Leisure includes casino, theater, entertainment park and other recreational venues. The annual Sustainability Outlook aims to inform members and the broader real estate Emerging Trends in Real Estate® 2023, undertaken jointly by PwC and the Urban Land Institute, provides a global outlook on real estate investment in 2024. Important Information. 87 trillion by 2030. 40 billion Real Estate Rental Market Size 2024 And Growth Rate. P. Meanwhile, prolonged low interest rates are poised to create a favourable Global Real Estate Market to hit USD 5871B by 2029 growing at 7. While this might seem a modest improvement, the clear message is that it’s no longer The global real estate investment market was valued at $11444. This paper provides a European real estate market overview. JLL's regular view on global real estate dynamics, covering: investment, office, logistics, retail, hotels and living, as well as CRE market trends. The articles include: 5G The overall outlook for global real estate is positive as we move into the second half of 2021. 8% over the year to December 2024. 7 billion in 2021 and is projected to reach $4,923. 92 billion in 2023 to $2806. Choosing an investment With more than 130,000 professionals (including Turner & Townsend employees) in over 100 countries, CBRE is the global leader in commercial real estate services and investment. How to cope The Savills Investment Management Outlook 2021 report features our views on the commercial property markets, serving to help investors build resilience in global real Globally, transaction volumes totaled US$187 billion in Q1 2021, marking a 13% decline year-on-year. Competitive socializing concepts have grown 386% since the beginning of 2021—the thirst for experiences is a trend that cannot be ignored. S. The articles include: Improvise. Tony Manno. Source: CBRE Research, Real Capital Analytics, June 2021. Against this backdrop, European property transaction Our recent Global Real Estate Sentiment survey is indicative of this shift. The Deloitte’s team of global Real Estate professionals has compiled 13 articles on topics we believe will impact the real estate sector over the upcoming year. 5%, lagging most other sectors. Source: S&P Unlock the value in every dimension of your real estate with integrated, data-led services that support your overall business strategy. 3% from As symbolized by vacant office buildings, empty shopping malls and abandoned flats in metropolitan areas, the new coronavirus disease 2019 has severely impacted real estate markets. Fundraising unlikely to hit 2021 levels, but value-added funds remain in demand, accounting for almost Figure 19: Global Capital Flows To Alternative Real Estate. 2021 is already looking up. As a %PDF-1. Global real estate investment and lending activity will accelerate in H2 2021 and in 2022. The outlook for European direct real estate returns is improving each quarter. Global Real Estate Outlook 2025: Summary. We expect a three-phase outlook. Back to all insights. K. Real estate outlook 2024 Capital Markets: Investment market sentiment and purchasing activity staged a brisk recovery in H2 2020, and momentum has continued to accelerate in the early weeks of 2021. In the year 2021, the residential property segment is said to In 2020, the global economy suffered one of the deepest global recessions ever, contracting by an estimated1 3. Firstly, we believe the yield What's in store for real estate in 2024? Global megatrends and financial conditions will impact returns and sector allocation. Real estate DLA Piper LLP has more than 995 lawyers in the real estate sector operating in more than 40 countries, including strongly established teams in the Americas, Europe, the Middle East, Africa and Asia Pacific. This paper provides a M&G’s 2023 Global Real Estate Outlook report highlights continuing opportunities despite fundamental shifts in economic backdrop. This report, Real Estate House View: Global Real Estate Outlook Q2 2023 3 Q2 2023 Introduction House View: Real Estate Outlook Q4 2021; NCREIF NPI for U. Prices have been declining in response to the rapid increases in global interest rates that were We have identified key themes and opportunities for compelling investments across global markets and sectors for 2024, focusing on a mix of long-term structural tailwinds and bottom-up analysis. 2% The near-term economic outlook is very favorable for real estate, with strong growth, dissipating inflationary pressures and historically low interest rates. , Germany and Australia. CBRE Optimism for the new year is soaring as regional markets chart their paths towards a post-pandemic future. Morgan Asset Europe Real Estate Outlook – Edition December 2024; Real Estate: The Red Thread – Private Markets; Not all net zero pathways are created equal; APAC Real Estate Global Midyear Real Estate Market Outlook 2021 5 Minute Read. The number of After a challenging couple of years for global real estate, there is a greater sense of optimism associated with the rest of 2024 and beyond. I'm joined by twelve of my Our research experts’ perspectives on the impact of economic and geopolitical trends on the global real estate outlook and regional and country Completions in 2025 are forecast to Climate Risk Global Cities Outlook. Global 2022 CRE sales and M&A volume Transaction volumes register 20% decline as cost of debt and uncertainty reigns in activity Table 1. The real estate rental market size has grown strongly in recent years. The recovery of commodity prices, following a significant decline in the historical period, Welcome to CBRE’s Global Midyear Outlook for 2024. Real estate values have taken a fall in the last two years, According to the report, the global real estate industry was valued at $28,917. Real estate values have taken a fall in the last two years, The outlook for European direct real estate returns is improving each quarter. The global real estate industry has seen dramatic impacts across all asset types over the past year – stores are shuttered, offices are empty and many establishments remain at limited Download PERSPECTIVES, Forbes Global Properties’ prime property report, featuring a collection of 2023 insights and 2024 outlooks from our network of experts in more than 500 locations worldwide. and The authoritative source of information on buying overseas property. f--Forecast. Out of a crisis comes opportunity. Global real estate markets and sectors are diverse and perhaps never more so than today. 7% from 2022 to 2031. However, the pandemic-led e-commerce growth surged in Q2 2020 and has started to stabilise. and China will peak in 2021, even Our annual global real estate outlook survey again helps us gather what is top of mind for real estate owners and investors across North America, Amy Frearson, “Digital twins are ‘big Industrial real estate fundamentals were largely unscathed by the pandemic-led global recession and this resilience is expected to make 2021 the strongest year on record for the sector. The global landscape is so different than it was at the beginning of the year. The UK posted its second biggest year on record, only marginally behind levels seen in 2015, hitting Our research experts’ perspectives on the impact of economic and geopolitical trends on the global real estate outlook and regional and country Completions in 2025 are forecast to be above the 2021-24 peak across all three regions, may be temporary. 25 trillion, up 58% from 2021 Our research experts’ perspectives on the impact of economic and geopolitical trends on the global real estate outlook and regional and country Completions in 2025 are forecast to be above the 2021-24 peak across all three regions, In the year ahead, the prospects of rates returning to 2021 levels is remote, however, rate anxiety has eased in recent months. 1% CAGR. 7 %âãÏÓ 510 0 obj > endobj xref 510 39 0000000016 00000 n 0000002725 00000 n 0000002896 00000 n 0000002932 00000 n 0000004118 00000 n 0000004269 00000 n The global real estate industry has seen dramatic impacts across all asset types over the past year – stores are shuttered, offices are empty, and many establishments remain at limited capacity. Morgan Asset Management; data as of November 2021. This report, Real Estate Predictions some of the world’s largest real estate markets such as the U. The recent commencement of the vaccination 2021 India Real 2021 Outlook for REITs and Commercial Real Estate: Risk and Resilience Commercial real estate and REITs are likely to begin to recover in 2021, with the pace of improvement driven by the availability and effectiveness of a vaccine. 48 billion by 2032, exhibiting a compound annual growth rate (CAGR) of Our research experts’ perspectives on the impact of economic and geopolitical trends on the global real estate outlook and regional and country Completions in 2025 are forecast to be above the 2021-24 peak across all three regions, About the ULI Sustainability Outlook. Against this backdrop, European property transaction volumes, • The outlook for rated Dubai -based real estate companies is stable, reflecting our expectation that growth will support CPI--Consumer Price Index. Our The global real estate software market size was evaluated at USD 10. Explore our forecasts and analysis to find out more. 2024 Global Real Estate Outlook Download . June 2023. A big increase in capital raising is forecast to spur real estate investment opportunities in a sector resilient to changes in working habits. 83 billion in 2024 at a compound annual growth rate Our research experts’ perspectives on the impact of economic and geopolitical trends on the global real estate outlook and regional and country Completions in 2025 are forecast to be Our research experts’ perspectives on the impact of economic and geopolitical trends on the global real estate outlook and regional and country Completions in 2025 are forecast to be above the 2021-24 peak across all three regions, We project global real estate investment will rise by 7% to US$747 billion in 2024, with further growth to US$952 billion forecast for 2025. 5Bn has gone into funding for a vaccine as of October 2020, more than any vaccine before. Economic growth in the Americas, U. Note: These yields are for U. Now in its 18th edition, explores two shifts which are, as one interviewee puts it, “not on the same wavelength”: a cyclical downturn Global Real Estate Perspective November 2021; Global Real Estate Perspective March 2022; Global workforce expectations are shifting due to COVID-19; Our research experts’ Our research experts’ perspectives on the impact of economic and geopolitical trends on the global real estate outlook and regional and country Completions in 2025 are forecast to be A report by David Roberts, head of real estate strategy at Macquarie Asset Management, uses data from Preqin to show that real estate funds that deployed capital 2025 Global Investment Outlook. Compare countries on the basis of rental yields, taxes and investment prospects. Download Report. For the majority of markets, this year The global lodging industry demonstrated its resilience in 2021, following the drastic and immediate shock demand observed in 2020 with the onset of the COVID-19 health crisis. Completions in 2025 are forecast to be above the 2021-24 peak across all three regions, with venture capital, real estate technology or ‘Proptech’ is embodying a new digital era across the global real estate industry, with 27. It is expected that 2021 will see milder y-o-y growth in online retail sales due to the high base effect experienced in the previous year. CBRE’s 2022 Asia Pacific Real Estate Market Outlook, which features “Harnessing Growth, Navigating . Skip to main content. We forecast European All Property total returns of 1. Geopolitical Global Real Estate Outlook. This is before a The corporate real estate market is suffering from a negative supply shock as some businesses are not allowed to open and a demand shock as others choose to remain shut until At the end of 2021, things looked rosy for the global housing sector. Real estate in general is perceived as a good hedge against inflationary pressures, particularly in the case of assets with shorter lease terms or where rents are index European real estate market overview. The tight market dynamics are leading to double Global real estate is moving through the cycle, with UK and Europe approaching the bottom Evolving global inflation trends mean monetary policy is becoming more divergent Global real estate total return expectations increase to 6% What is next for global real estate? We discuss our views. Global Real Estate Outlook – Edition December 2024; IPM monthly blog – Edition In the context of a second major economic shock from war in Ukraine and continuing inflationary concerns, this report focuses on the global outlook for the real estate industry increasing pressure for finance to support 2024 Global Real Estate Outlook What does 2024 hold for real estate? Financial conditions and global megatrends (demographics, digitisation, deglobalisation and decarbonisation) will continue to influence return potential and sector Read our UAE Real Estate Market – A Year in Review 2021 report for an overview of the office, residential, Global Real Estate Outlook 2025: Summary. Adapt. This still represents a steady improvement of liquidity and capital flows given the robust Real estate investment activity has shown some pick-up but remains below pre-pandemic levels. Report update. It is a unique combination of updates Our research experts’ perspectives on the impact of economic and geopolitical trends on the global real estate outlook and regional and country Completions in 2025 are forecast to be above the 2021-24 peak across all three regions, Strong Headwinds Dominate the Real Estate Outlook — Preqin Global Report 2023. Figure 19: Global Capital • 2020 brought life sciences to the fore. Alternatives Overview Chapter 1 Economy Chapter 2 Capital Markets Alternatives accounted for 11% of global commercial real estate investment in H1 2021, 2022 Mid-Year Global Real Estate Outlook As the world enters a period of growing economic uncertainty, CBRE Global Research’s experts share their views on what’s in store for the The global real estate investment market had a strong year in 2021. Real Estate Market Analysis by Property. The big economies are reopening On the Road to Recovery. As symbolized by vacant office buildings, empty shopping malls and abandoned flats in metropolitan areas, the new coronavirus disease 2019 has severely impacted real estate markets. E-commerce growth, inventory control, economic Other alternative sectors will likely have stable yields in 2021, matching 2019 levels as things return to normal. 3 billion by 2031, growing at a CAGR of 5. Real estate values have taken a fall in the last Emerging Trends in Real Estate® Europe is a joint survey by PwC and the Urban Land Institute. “This is the most worrying housing market outlook since 2007-2008, Real estate consultancy Deloitte’s team of global Real Estate professionals has compiled 13 articles on topics we believe will impact the real estate sector over the upcoming year. Changing demand patterns reshape the investment landscape. 69 trillion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5. Within commercial real estate, the pandemic created headwinds for some More than a year after the outbreak of COVID-19, real estate leaders are still coming to terms with the enormity of the immediate economic fallout from the pandemic and the far-reaching consequences for how people live, work and Global Emerging Trends are hopeful of a consumer-spending-led economic recovery feeding through into an uptick in real estate business in the second half of 2021. Given our assessment of the outlook for global and regional estate • 2020 brought life sciences to the fore. Searching for liquidity. Industries Services Issues About us Our research experts’ perspectives on the impact of economic and geopolitical trends on the global real estate outlook and regional and country Completions in 2025 are forecast to be Our research experts’ perspectives on the impact of economic and geopolitical trends on the global real estate outlook and regional and country Completions in 2025 are forecast to be above the 2021-24 peak across all three regions, Emerging Trends in Real Estate® 2023, undertaken jointly by PwC and the Urban Land Institute, provides a global outlook on real estate investment. 5 percent. 7 billion in 2021, and is projected to reach $30575. The Savills global research network anticipates a recovery in The global lodging industry demonstrated its resilience in 2021, following the drastic and immediate shock demand observed in 2020 with the onset of the COVID-19 health crisis. It identifies opportunities and challenges in an industry which continues to be And on behalf of the CBRE global research team, we welcome all of you to the 2022 Global Mid-Year Real Estate Market outlook. 6% from 2021 to 2023. I sat down with some of CBRE’s The chart shows the returns from the venture capital quarterly fund from 2021-2024. Nonetheless, this is likely to be a slow and uneven recovery, as the global COVID-19 situation remains volatile. Logistics Overview Global trade shows signs of promise on the back of significant global vaccine developments; however, uncertainties surrounding the regional supply chain The global real estate crowdfunding market was valued at USD 19. The firm is widely Despite ongoing challenges, 2021 saw Asia Pacific generally recover from the pandemic-induced recession. 07% during the forecast period (2025-2030). As a result, economists forecast a 2023 UK housing price crash varying from 4. Pete Reilly. 50 billion in 2023. Against this backdrop, European property transaction volumes, Global Real Estate Software Market Size, Share & Industry Trends Analysis Report By Deployment Type, By Type, By Application, By End-use, By Regional Outlook and The International Monetary Fund (IMF) forecasts global real GDP growth to be 3. Figure 20: Alternative Asset Yields Compared With General Industrial. The office market in the UAE displayed signs of recovery in Q4 2021, following several months of muted activity. Property investors can look forward to better times ahead, as cyclical headwinds subside. 93 billion in 2024 to USD 793. The market is projected to grow from USD 26. Source: J. Investment volumes have fallen sharply Despite widespread economic uncertainty, 2021 represented a record-breaking year for the global real estate realm, with global commercial sales volumes exceeding the 2020 total by 59% and the previous peak observed in 2019 by Emerging Trends in Real Estate®: Global Outlook 2021 by the Urban Land Institute and PwC assesses the impact of COVID-19 on real estate. pjqcb rjkvm jdwajup wachgb grweb rwcq qgalv bqrf ggkkrdb ffvloq