SEGRO was the leading real estate company in the United Kingdom (UK) as of October 15, 2024, with a market capitalization amounting to 14.86 billion U.S. dollars. The Berkeley Group and Land Securities Group followed, with market caps of 6.36 and 6.21 billion U.S. dollars, respectively.

Hong Kong Land Holdings LD was the leading real estate company on the London Stock Exchange (LSE) as of April 2023, with a total market capitalization value of nearly 39.17 billion British pounds. This was followed by Segro Plc and the Land Securities Group Plc, with values of approximately 10 billion and five billion British pounds respectively. In the same month, the total market cap of all real estate companies trading on the LSE was close to 109 billion British pounds.

The United Kingdom headquartered real estate company, Segro ranked first among the largest European real estate companies with a market value of approximately 12.8 billion U.S. dollars in May 5, 2023. Lundbergs from Sweden and CPI Property Group from Luxembourg completed the top three with 12 billion U.S. dollars and nine billion U.S. dollars. Covivio ranked highest among European real estate companies in terms of total assets. Real estate investments The European real estate market is a hotly contended investment opportunity, with high demand areas opportunities and opportunities for high returns on investments. In 2024, multiple cities across Europe have been identified as good prospects for investment. In terms of investment prospects, infrastructure and data centers have been identified as a particularly good target in 2024. Housing Market in Europe Europe has an ongoing battle to supply enough housing for a growing population. In 2022, France, Germany, and Poland had the most residential real estate construction starts in Europe.

In 2021, there were 134,095 real estate businesses operating in the United Kingdom, with 95 of these businesses being large enterprises that employed 500 or more people.

Commercial real estate investment in Europe increased slightly in 2024. In 2023, the total commercial real estate investment volume was 133 billion euros, which increased to 157 billion in 2024. In 2024, the UK headed the ranking as the country with the largest value of commercial real estate investments, amounting to about 50.3 billion euros. Germany followed, with an investment value of 25.9 billion euros. Size of the commercial real estate market The European commercial real estate market was estimated at almost 10 trillion U.S. dollars in, with the UK, Germany, and France combined accounting for over half of the total market. One of the many ways to participate in the market is to invest in publicly listed companies. After the UK, Switzerland and Germany, Sweden had the largest market cap of listed real estate companies. Leading commercial real estate companies Real estate investment management firms are companies that manage real estate assets on behalf of their investors. Swiss Life Asset Managers, AXA IM - Real Assets, and PIMCO were the firms with the highest value of European assets under management in 2023.

The number of real estate companies trading on the London Stock Exchange (LSE) declined gradually between 2020 and 2024. In September 2024, the number of companies amounted to 81, down from 114 in January 2024. The largest real estate company by market capitalization was Hong Kong Land Holdings LD, followed by Segro Plc.

The Report Covers UK Residential Real Estate Market Overview and Trends. The Market is Segmented by Type (Apartments and Condominiums and Landed Houses and Villas) and by Key Regions (England, Wales, Northern Ireland, Scotland, and Other Regions).

Segro PLC was the biggest real estate investment trust (REIT) trading on the London Stock Exchange as of June 2024. A real estate investment trust (REIT) is a company that owns, and in most cases operates, income-producing real estate. REITs invest in many types of commercial real estate: offices, rental apartments, industrial warehouses, as well as hospitals, hotels, and retail properties. Market cap of REITS As of June, 2024, Segro PLC was ranked at the high end of the scale, with approximately 12 billion British pounds in market capitalization. Segro PLC operates in nine European countries and specializes in big box and urban warehousing for retailers, logistics and transport companies, manufacturers, wholesalers.
The London Stock Exchange (LSE) LSE is one of the oldest stock exchanges in the world, listing approximately 2,000 companies with an aggregate market capitalization of approximately 3.5 trillion British pounds in 2023.

This statistic displays the largest real estate holding and development companies on the London Stock Exchange from June 2015 to December 2016 (figures for the last trading day of the month), ranked by their market capitalization. In December 2016, Hong Kong Land Holdings was ranked first with almost 14.1 billion British pounds market capitalization. As of 2018, the London Stock Exchange reported real estate companies under the larger umbrella of finance alongside banks and insurance companies.

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Residential Real Estate Market Size 2024-2028

The residential real estate market size is forecast to increase by USD 482.1 billion at a CAGR of 4.6% between 2023 and 2028.

The market is experiencing significant growth, driven by increasing demand from a growing population and urbanization trends. This demand is further fueled by marketing initiatives from real estate developers and agents, who are leveraging digital platforms and creative campaigns to attract buyers. However, regulatory uncertainty poses a challenge to market growth, with varying regulations and policies in different regions impacting investment decisions. For companies seeking to capitalize on market opportunities, it is essential to stay informed of regulatory changes and adapt strategies accordingly. Additionally, collaboration with local experts and partnerships with regulatory bodies can help navigate complex regulatory landscapes and ensure compliance. Overall, the market presents significant opportunities for growth, but requires a strategic approach to address regulatory challenges and effectively target demand. Companies that can navigate these challenges and adapt to local market conditions will be well-positioned to succeed in this dynamic market.

What will be the Size of the Residential Real Estate Market during the forecast period?

Request Free SampleThe market continues to exhibit activity, driven by strong economic fundamentals and population growth. In nominal terms, the market size reached an all-time high in the latest fiscal year, with discerning buyers demonstrating continued interest in spacious accommodations. However, macroeconomic headwinds, such as rising interest rates and inflation, pose challenges for some potential homebuyers. Economic factors, including GDP per capita and purchasing power, remain essential support for the housing market. Despite these conditions, property launches in the luxury residential sector have shown resilience, catering to the demand for high-end living spaces. Residential construction remains a critical component of the market, with new housing units being added to meet the growing demand for homes. Overall, the market is expected to remain a significant contributor to the economy, offering opportunities for both investors and homebuyers.

How is this Residential Real Estate Industry segmented?

The residential real estate industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. Mode Of BookingSalesRental/LeaseTypeApartments and condominiumsLanded houses and villasGeographyAPACChinaJapanNorth AmericaUSEuropeGermanyUKSouth AmericaMiddle East and Africa

By Mode Of Booking Insights

The sales segment is estimated to witness significant growth during the forecast period.

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The Sales segment was valued at USD 896.60 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 54% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in the Asia Pacific (APAC) region held the largest market share in 2023 and is anticipated to continue leading the market growth during the forecast period. Key drivers of this expansion include population growth and increasing purchasing power, leading to a in demand for spacious accommodations. Rapid urbanization and economic fundamentals, such as GDP per capita, have fueled the construction of new housing units, particularly in countries like India and China. Furthermore, domestic demand and foreign homebuyers have contributed to the unsold inventory overhang, creating investment opportunities in underconstruction properties. Despite these positive indicators, challenges persist, including affordability concerns and critical input costs. In the context of the US housing market, the residential real estate sector offers investment opportunities through traditional options, such as home ownership and rental cash flow, as well as low-risk methods, like investment portfolios. Key economic factors, such as interest rates and supply metrics, impact residential property prices, which may vary in real and nominal terms. The market is also influenced by changing consumer preferences, regulatory reforms, and technological transformation, including home automation and cutting-edge strategies.

Market Dynamics

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holi

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Europe Commercial Real Estate Market Size 2025-2029

The Europe commercial real estate market size is forecast to increase by USD 91.4 billion at a CAGR of 5.7% between 2024 and 2029.

The European commercial real estate market is experiencing significant growth, with increasing private investment flowing into the region. This trend is driven by a number of factors, including the economic stability of European countries, attractive yields compared to other global markets, and the continued demand for urban space. However, this growth is not without challenges. 
One major concern is the rising interest rates, which have the potential to increase borrowing costs for investors and potentially dampen demand. Despite this, opportunities abound for companies seeking to capitalize on the market's dynamics. For instance, there is a growing demand for sustainable real estate, as well as a shift towards alternative asset classes such as student housing, healthcare real estate, and hospitality real estate.
To navigate this complex landscape effectively, companies must stay informed of the latest trends and challenges, and be prepared to adapt their strategies accordingly. Overall, the European commercial real estate market offers significant opportunities for growth, but also requires a strategic and agile approach to succeed.

What will be the Size of the Europe Commercial Real Estate Market during the forecast period?

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The European commercial real estate market encompasses a diverse landscape of travel-restriction resilient sectors, including warehouses and fulfillment centers catering to the in e-commerce spending. Urbanization continues to drive demand for adaptable office spaces in metro cities, with a growing emphasis on sustainable designs and technology-driven solutions. The commercial sector is undergoing digitalization, with brokers and managers leveraging media portals to streamline transactions and enhance client experiences. The hybrid work model is shaping office occupancy trends, as middle-class consumers and the working-age population adapt to flexible work arrangements. Foreign investments remain strong, particularly in sectors like logistics and data centers.
Vacancy rates, rental rates, absorption rates, and property valuations are closely monitored indicators of market health. Architects and engineers are tasked with designing spaces that accommodate the evolving needs of businesses, from flexible layouts to energy efficiency. Overall, the European commercial real estate market exhibits activity and growth, with trends leaning towards digitalization, sustainability, and adaptability.

How is this market segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Rental
  Lease
  Sales


End-user

  Offices
  Retail
  Leisure
  Others


Geography

  Europe

    France
    Germany
    Italy
    UK

By Type Insights

The rental segment is estimated to witness significant growth during the forecast period. The European commercial real estate market is experiencing a significant shift, with the rental segment leading the way in 2024. Office rental growth in Europe accelerated to 1.8% quarter-on-quarter in Q3 2022, resulting in an annual increase of over 5%. Notably, the UK, Benelux markets, and peripheral Europe experienced the highest growth rates. However, investment markets are showing caution, as buyers hesitate to pay earlier price levels due to economic uncertainties, inflation, and finance rates. Urbanization and social distancing measures continue to impact commercial real estate, driving the need for adaptable office spaces and sustainable designs. The commercial sector is also undergoing digitalization, with technology-driven solutions, smart building technology, and data analytics gaining popularity.

Additionally, e-commerce spending and changing customer behavior are leading to increased demand for warehouses, fulfillment centers, and logistics facilities. The Middle-class consumers and the working-age population's digitization of work further fuel the demand for managed office facilities, collaborative spaces, and digital infrastructure. Key trends include hybrid work patterns, energy-efficient features, green building certifications, and sustainable construction methods.

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The rental segment was valued at USD billion in 2019 and showed a gradual increase during the forecast period.

Market Dynamics

The Europe commercial real estate market is diverse, encompassing a wide range of property types, from office space leasing to industrial warehouse sites. Retail property deals and urban retail units remain a signifi

The European commercial real estate (CRE) market, valued at $275.55 billion in 2025, is projected to experience robust growth, driven by a Compound Annual Growth Rate (CAGR) of 6.08% from 2025 to 2033. This expansion is fueled by several key factors. Firstly, increasing urbanization and population growth in major European cities like London, Paris, and Berlin are creating sustained demand for office, retail, and industrial spaces. Secondly, the ongoing shift towards flexible work arrangements and the rise of e-commerce are reshaping the CRE landscape, driving demand for modern, adaptable office spaces and strategically located logistics facilities. Furthermore, government initiatives promoting sustainable building practices and investments in infrastructure are contributing to market growth. However, economic uncertainties, interest rate fluctuations, and potential supply chain disruptions pose challenges to sustained growth. The market is segmented by property type (rental, lease, sales) and end-user (offices, retail, leisure, industrial, and others), with significant activity observed across key European markets including Germany, the UK, France, and Italy. Major players such as Blackstone, BNP Paribas, and others are vying for market share, employing diverse competitive strategies to capture opportunities within these dynamic segments. The competitive landscape is characterized by both established international players and regional firms. Large institutional investors are actively pursuing acquisitions and developments, while smaller firms specialize in niche markets or specific geographic areas. The success of individual companies hinges on their ability to adapt to changing market conditions, leverage technological advancements, and effectively manage risks associated with fluctuating property values and economic cycles. The forecast period of 2025-2033 anticipates continued growth, but careful consideration of macroeconomic trends and potential regulatory changes will be crucial for navigating the complexities of the CRE market. The presence of established players alongside emerging companies suggests a dynamic market with opportunities and challenges for all participants.

This statistic shows the first-half results of real estate agency groups in the United Kingdom in 2016 and 2017, by pre-tax profit (in million GBP). The United Kingdom currently witnesses a sharp division between traditional high street brands and upcoming online agencies, such as Purplebricks and Zoopla. Countrywide, the group which runs the UK’s largest chain of residential estate agency brands, suffered a decrease in pre-tax profit from 24.3 million pounds to 447,000 pounds in the first six months of 2017. The main reasons for this decline are the rise of online competitors, the uncertainty of the upcoming Brexit along with the introduction of a stamp duty surcharge for second and additional properties since April 2017. Between the third quarter of 2016 and the third quarter of 2017, the number of transactions made in property purchases and rentals by online agents reached approximately 14,000.

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Commercial Real Estate Market Size 2025-2029

The commercial real estate market size is forecast to increase by USD 427.3 billion at a CAGR of 4.6% between 2024 and 2029.

The market is experiencing significant shifts driven by key trends and challenges. The flexible office segment is gaining popularity due to the increasing preference for remote work and the rise of coworking spaces. Digital transformation is another major trend, with the integration of artificial intelligence, smart buildings, and virtual reality in real estate. Additionally, modular and portable buildings are becoming increasingly common, particularly in the logistics and industrial sectors, due to their cost-effectiveness and flexibility. Moreover, the advent of smart cities is revolutionizing the commercial real estate landscape. Visual content and analytics are becoming essential tools for real estate developers and investors, providing valuable insights into consumer behavior and market trends.
Hence, the market is undergoing a digital revolution, with flexible offices, smart buildings, and virtual reality leading the way. The increasing emphasis on remote work and online shopping, coupled with the rise of smart cities, is driving market growth. The integration of artificial intelligence, data analytics, and industrial automation is enabling automation solutions to transform the industry and enhance productivity.

What will be the Size of the Commercial Real Estate Market During the Forecast Period?

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The market encompasses various property types, including offices, retail and hospitality, industrial and logistics, and multifamily. Current market dynamics exhibit activity, driven by the increasing demand for flexible workspaces, such as coworking spaces and conventional offices. Technology development plays a pivotal role, with virtual property tours and artificial intelligence enhancing the real estate consultancy process. Business owners in diverse sectors, from IT to boutique businesses, continue to lease or sell offices and industrial spaces. The Smart Cities mission propels the integration of technology into commercial real estate, fostering energy efficiency and improved tenant experiences. The overall size of the market remains substantial, reflecting the essential role of commercial real estate in driving economic growth. Data analytics and industrial automation are also critical components of this digital transformation, enabling automation solutions to streamline operations and enhance efficiency.

How is this Commercial Real Estate Industry segmented and which is the largest segment?

The commercial real estate industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Offices
  Retail
  Leisure
  Others


Channel

  Rental
  Lease
  Sales


Geography

  APAC

    China
    India
    Japan


  North America

    Canada
    US


  Europe

    Germany
    UK
    France
    Italy


  South America

    Brazil


  Middle East and Africa

By End-user Insights

The offices segment is estimated to witness significant growth during the forecast period.

The offices segment In the market is experiencing significant growth due to evolving work patterns and corporate demands. Flexible work arrangements, hybrid models, and technological integration are driving the need for adaptable and technologically advanced office spaces. Businesses prioritize contemporary workplaces to attract and retain talent. Co-working spaces like Regus and WeWork, offering flexible office solutions, are gaining popularity. Major corporations, such as Google and Amazon, are investing in innovative office designs that foster collaboration and employee satisfaction. The offices end-user segment is projected to expand from 2024 to 2028, reflecting the ongoing transformation of workspaces to align with modern business trends.

This shift includes the integration of technology, such as virtual property tours, artificial intelligence, data analytics, and virtual reality, into commercial real estate. Additionally, sectors like IT, engineering, manufacturing, e-commerce, start-ups, and hospitality, retail are key contributors to the market's growth. The stable economic environment further supports the expansion of commercial real estate, particularly in Smart Cities and the industrial and logistics sectors. Developers, flex space centers, and information technology companies are actively responding to these trends by providing flexible and technologically advanced office solutions.

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The offices segment was valued at USD 476.50 billion in 2019 and showed a gradual increase during the f

The Residential Construction Market Report is Segmented by Type (Villas and Landed Houses and Condominiums and Apartments) and Key Cities (London, Birmingham, Glasgow, Liverpool, and the Rest of the UK). The Report Offers Market Size and Forecasts for UK Residential Construction Market in Value (USD) for all the Above Segments.

The market cap of the listed real estate companies in the United Kingdom (UK) plummeted in 2022 and remained suppressed in the following two years. In the fourth quarter of 2024, the UK listed real estate market was estimated at 67 billion U.S. dollars, down from 113 billion U.S. dollars in the same quarter in 2021. In 2024, the UK had the second-largest commercial real estate market in Europe after Germany.

In July 2024, listed real estate companies in the United Kingdom (UK) traded at an average discount to their net asset value (NAV) of 18 percent. That reveals that investors believed that the underlying assets may be overvalued, and the industry is facing challenges. Despite the negative sentiment, the market saw an improvement from October 2022, when the market exhibited the highest discount to NAV, amounting to 36 percent. The decline in discount to NAV reveals that the gap between stock prices and property values has started to narrow. This trend aligns with the broader European context, where a decline in the discount to NAV has declined since 2023. Notably, as of July 2024, Sweden was the only country where listed real estate companies traded at a premium to NAV. Performance also varied across different property types, with industrial showing the highest premium to NAV.

This statistic illustrates the leading companies that deal with the transaction of properties in England and Wales, by the number of registered transactions in January 2019. All property transactions in England and Wales must be registered by the company at hand to Her Majesties Land and Registry service, including dispositionary first leases, transfer of titles, charges and notices, first registrations of land both freehold and leasehold as well as the transferal of part of a registered title.

The specific company types that deal in such transactions in England and Wales and register those transactions that contained as transfer of value include amongst others; solicitors, lawyers, mover conveyancing services and property legal service firms.

In October 2019, the Corporate Mover Conveyancing Services 'My Home Move Limited' saw the highest number of property transactions registered with a total of over 1.85 thousand. This was followed by O'Neill Patient and Countrywide property lawyers with 990 and 690 respectively.

In the fourth quarter of 2024, the size and the share of the listed real estate market varied greatly across different countries in Europe. In Sweden, about one fourth of the commercial real estate market was listed companies (approximately 24 percent), while in Italy, less than one percent of the market was listed. Germany was the country with the largest commercial real estate market, but the UK had the largest market capitalization of listed companies.