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Global Commercial Real Estate
IBISWorld, Feb 2012, Pages: 41
Global Commercial Real Estate
Real estate revival
After severe conditions cut into demand for commercial real estate, the industry will likely begin to revive over the next five years. During the credit crisis, commercial real estate activities in emerging markets like China and India offset some of this decline. These emerging markets will continue to bolster overall revenue growth, as unemployment, business growth and construction activity improve.
This industry primarily engages in buying, selling, renting and operating self-owned or leased real estate such as apartment buildings and dwellings and non-residential buildings. This industry also specializes in real estate-related services, such as brokerage and property management. Other industry-related activities include appraisal services, real estate subdivision and property development.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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