The US Commercial Real Estate Market Report is Segmented by Property Type (Offices, Retail, Logistics, Others), by Business Model (Sales, Rental), by End-User (Individuals/Households, Corporates & SMEs, Others), and by Geography (Texas, California, Florida, New York, Illinois, Rest of US). The Market Forecasts are Provided in Terms of Value (USD).

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Commercial Real Estate Market Size 2025-2029

The commercial real estate market size is valued to increase USD 427.3 billion, at a CAGR of 4.6% from 2024 to 2029. Growing commercial sector globally will drive the commercial real estate market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 42% growth during the forecast period.
By End-user - Offices segment was valued at USD 476.50 billion in 2023
By Channel - Rental segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 43.44 billion
Market Future Opportunities: USD 427.30 billion
CAGR : 4.6%
APAC: Largest market in 2023

Market Summary

The market is a dynamic and ever-evolving sector that continues to shape the global business landscape. Core technologies and applications, such as Building Information Modeling (BIM) and Real Estate Information Systems (REIS), are increasingly being adopted to streamline operations and enhance efficiency. According to a recent report, the BIM market in the real estate sector is projected to grow at a steady pace, reaching a market share of 30% by 2025. Service types and product categories, including property management, brokerage, and construction services, are also experiencing significant changes. For instance, the growing trend of remote work and online shopping is driving demand for flexible and adaptable commercial spaces.
Additionally, regulations and policies are evolving to accommodate these changes, with many governments investing in smart city initiatives and green building standards. Despite these opportunities, the market faces challenges such as economic uncertainty, changing demographics, and increasing competition. However, these challenges also present new opportunities for innovation and growth. For instance, the adoption of proptech solutions and the integration of artificial intelligence and machine learning are transforming the way commercial real estate is bought, sold, and managed. Overall, the market is a complex and dynamic ecosystem that requires constant monitoring and adaptation to stay ahead of the curve.

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

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How is the Commercial Real Estate Market Segmented and what are the key trends of market segmentation?

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


Transaction Type

  Commercial Leasing
  Property Sales
  Property Management


Service Type

  Brokerage Services
  Property Development
  Valuation Consulting
  Facilities Management


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By End-user Insights

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

In the ever-evolving market, the offices segment is experiencing significant growth, driven by shifting work trends and corporate demands. Flexible work arrangements, hybrid models, and technological integration are transforming the need for office space. Businesses prioritize contemporary, adaptable, and technologically advanced workspaces to attract and retain talent. Co-working spaces like Regus and WeWork, which offer flexible office solutions, are gaining popularity. Major corporations, such as Google and Amazon, invest in innovative office designs that foster collaboration and employee satisfaction. According to recent market data, the offices end-user segment is projected to expand by 15% between 2024 and 2028, underscoring the continuous adaptation of workspaces to modern business practices.

Meanwhile, tenant occupancy rates remain a critical concern for commercial property owners. Lease agreement terms, negotiation strategies, and rent collection efficiency are essential factors in maintaining a healthy portfolio. Building lifecycle costs, code compliance, and investment return metrics are other essential considerations for property managers. Environmental impact assessments, construction cost estimating, and property tax appeals are also crucial elements in the market. Property value depreciation, commercial property insurance, and portfolio risk management are essential aspects of property management. Property management software, energy efficiency upgrades, and property tax assessments are key tools for optimizing o

According to a 2024 survey, real estate experts were more likely to recommend buying retail properties in 2024 than selling. Neighborhood and community shopping centers received the highest share of purchase recommendation, with **** percent of responses. Meanwhile, regional malls had the highest share of hold and sale recommendations, at ** and ** percent, respectively.

Retail Real Estate Analytics Market Outlook

According to our latest research, the global retail real estate analytics market size reached USD 4.85 billion in 2024, driven by the increasing need for data-driven decision-making in retail property management and investments. The market is projected to expand at a robust CAGR of 13.4% from 2025 to 2033, reaching a forecasted value of USD 15.1 billion by 2033. This surge is primarily attributed to the rapid digital transformation in the real estate sector, coupled with the proliferation of advanced analytics tools that enable stakeholders to optimize asset utilization, enhance tenant experiences, and maximize returns on investment.

A key growth factor fueling the retail real estate analytics market is the mounting emphasis on operational efficiency and cost optimization across retail portfolios. As retailers and property managers face mounting pressure to adapt to evolving consumer preferences and fluctuating market dynamics, analytics solutions provide actionable insights into foot traffic patterns, tenant performance, and lease optimization. These capabilities empower stakeholders to make informed decisions regarding property acquisition, disposition, and renovation, thereby enhancing the overall value proposition of retail spaces. Furthermore, the integration of predictive analytics and artificial intelligence is enabling real-time monitoring, risk assessment, and forecasting, which are vital for maintaining competitiveness in a rapidly evolving retail landscape.

Another significant driver is the rising adoption of cloud-based analytics platforms, which offer scalability, flexibility, and cost-effectiveness. Cloud deployment enables seamless integration of data from multiple sources, including IoT sensors, POS systems, and customer engagement platforms, facilitating comprehensive analysis of both structured and unstructured data. This holistic approach to data aggregation and analysis supports advanced applications such as demand forecasting, location intelligence, and portfolio optimization. Moreover, cloud-based solutions reduce the need for heavy upfront investments in IT infrastructure, making analytics accessible to a broader spectrum of retail real estate stakeholders, including small and medium enterprises.

The growing focus on enhancing tenant and customer experiences is also propelling the adoption of retail real estate analytics. Property managers and developers are leveraging analytics to gain deeper insights into tenant requirements, shopping behaviors, and demographic trends. These insights inform the development of targeted leasing strategies, tailored marketing campaigns, and value-added services that improve tenant retention and attract high-quality occupants. Additionally, analytics-driven facility management supports proactive maintenance, energy optimization, and sustainability initiatives, which are increasingly important considerations for both tenants and investors in the current market environment.

Regionally, North America continues to dominate the retail real estate analytics market, accounting for the largest share in 2024, followed by Europe and Asia Pacific. The high level of digital maturity among retailers and property managers, coupled with substantial investments in smart building technologies, underpins North America's leadership. Meanwhile, the Asia Pacific region is witnessing the fastest growth, supported by rapid urbanization, expanding retail infrastructure, and increasing adoption of advanced analytics solutions among emerging economies. Europe remains a key market, driven by regulatory mandates for transparency and efficiency in real estate operations, as well as a strong focus on sustainable development.

Component Analysis

The retail real estate analytics market is segmented by component into software and services, each playing a crucial role in the overall ecosystem. Software solutions form the backbone of analytics deployments, providing robust platforms for data integration, visualizat

Commercial Real Estate Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2023 to 2030.As businesses seek to expand and require new locations to conduct their operations, demand for Commercial Real Estate can be driven by economic stability and growth. Also, as more people move to cities for better jobs and lives, the trend toward urbanization is driving demand for Commercial Real Estate in urban areas. Technology advancements that are altering the way businesses operate, such as smart buildings and remote work options, are driving the market. The Commercial Real Estate Market can be significantly impacted by economic volatility due to decreased demand and rental rates.

The Commercial Real Estate Market Size Report is Segmented by Property Type (Offices, Retail, Logistics and More), by Business Model (Sales, Rental), by End-User (Individuals / Households, Corporates & SMEs and More) and by Region (North America, South America, Europe, Asia-Pacific & Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

Discover the latest trends in the US commercial real estate market. Our in-depth analysis reveals a $1.66 trillion market with a projected 2.61% CAGR through 2033. Learn about key drivers, restraints, and top players shaping this dynamic industry. Explore regional market shares and investment opportunities in major cities. Recent developments include: In March 2022, Progressive Real Estate Partners, the leading retail real estate brokerage firm in the Inland Empire, announced the USD 8 million-worth sale of The Grove. This property is a Circle K anchored neighborhood center located in Orange St. in Redlands, CA. The 39,339-square-foot property is situated at the signalized intersection of Orange Street and San Bernardino Avenue, just minutes from the I-10 and I-210 freeways and the University of Redlands., In February 2022, Shannon Waltchack (SW) acquired a 23,150 sq. ft shopping center Gateway Plaza in Bloomingdale, IL - the sixth acquisition in SW's latest fund. The center is 100% occupied by a mix of medical, service, and food tenants, including Aspen Dental, LensCrafters, and McAlister's Deli.. Notable trends are: Industrial Sector Expected to Record High Demand.

In 2024, the estimated value of the global commercial real estate market was over **** trillion U.S. dollars, up from **** trillion U.S. dollars the year before. The North America region had the largest market size, valued at over ** trillion U.S. dollars, slightly higher than Asia-Pacific and Europe, Middle East, and Africa (EMEA). What is the market size of listed commercial real estate? The listed real estate market comprises real estate companies that are traded on stock exchanges and varies across different regions. In 2023, the size of the listed real estate market was about *** trillion U.S. dollars, with the North America region comprising the largest share. Which real estate sector is most popular for investment? Real estate has earned itself a good name as an investment vehicle among Ultra-High-Net-Worth Individuals (UHNWIs). In 2024, some of the real estate sectors increasingly attracting UHNWI’s interest were healthcare and education properties.

Graph and download economic data for Commercial Real Estate Prices for United States (COMREPUSQ159N) from Q1 2005 to Q1 2025 about real estate, commercial, rate, and USA.

In 2024, in Beijing, China, around ******* square meters of new retail space were added to the retail real estate supply in this market. In comparison, around ****** square meters of new retail space were added to the market in Tokyo, Japan.

The global commercial real estate market size reached USD 7.5 Trillion in 2024. Looking forward, IMARC Group expects the market to reach USD 9.8 Trillion by 2033, exhibiting a growth rate (CAGR) of 3.08% during 2025-2033. The market is primarily driven by the favorable economic conditions, the emerging trend of urbanization, the rising middle class, the ongoing technological advancements, and the expanding tourism and hospitality sectors.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country level for 2025-2033. Our report has categorized the market based on type and end use.

The global commercial real estate (CRE) market, valued at $1694.59 billion in 2025, is projected to experience robust growth, driven by a compound annual growth rate (CAGR) of 4.6% from 2025 to 2033. This expansion is fueled by several key factors. Increased urbanization and population growth in developing economies like those in APAC (Asia-Pacific) are creating a surge in demand for office spaces, retail outlets, and other commercial properties. Furthermore, the ongoing shift towards e-commerce is boosting demand for warehouse and logistics facilities, particularly in North America and Europe. Technological advancements, such as smart building technologies and property management software, are also contributing to market growth by enhancing operational efficiency and attracting investors. However, economic fluctuations, interest rate hikes, and geopolitical uncertainties pose potential restraints to market growth. The market is segmented by end-user (offices, retail, leisure, others) and channel (rental, lease, sales), each exhibiting varying growth trajectories influenced by specific market dynamics. For instance, the office segment is experiencing a period of adjustment due to remote work trends, while the retail sector continues its transition towards omnichannel strategies. The competitive landscape is characterized by a mix of large international players and regional firms. Key players, such as CBRE Group Inc., Prologis Inc., and Dalian Wanda Group, leverage their extensive networks, technological expertise, and diversified portfolios to maintain market leadership. Their competitive strategies focus on strategic acquisitions, technological innovation, and the expansion into emerging markets. However, the CRE market also faces significant risks, including regulatory changes, environmental concerns, and the ongoing impact of global economic uncertainties. Understanding these drivers, trends, and challenges is crucial for investors and businesses navigating the complex dynamics of the commercial real estate sector. Analyzing regional variations, particularly the strong growth anticipated in APAC driven by robust economic expansion, is vital for effective market positioning.

The Commercial Real Estate (CRE) industry is exhibiting significant variations across markets, with persistently high office vacancy rates juxtaposed against thriving prime office spaces. Hard hit by the widespread adoption of remote and hybrid work models, the overall office vacancy rate rose to 20.7% in Q2 2025, up from the pre-pandemic rate of 16.8%. However, leasing volumes for prime office spaces are climbing, providing opportunities for seasoned investors. On the other hand, the multifamily sector is gaining from a prominent move towards renting, primarily driven by housing affordability concerns and changing lifestyle preferences. This has strengthened demand for multifamily properties and opportunities to convert underutilized properties, such as offices, into residential rentals. The industrial real estate segment is also moderating, with the boom in e-commerce and industrial construction activity in 2021 and 2022 moderating more recently. Industry revenue has gained at a CAGR of 1.7% to reach $1.5 trillion through the end of 2025, including a 1.0% climb in 2025 alone. The industry is grappling with multiple challenges, including wide buyer-seller expectation gaps and significant disparities in demand across different geographies and asset types. Despite interest rate cuts in 2024 and 2025, economic uncertainty and labor market weakness have resulted in tighter credit and lending conditions. Because of remote working trends, office delinquency rates swelled to above 14.0% in 2025, leading to a job market increasingly concentrated in certain urban centers. Through the end of 2030, the CRE industry is expected to stabilize as the construction pipeline shrinks, reducing new supply and, in turn, rebalancing supply and demand dynamics. With this adjustment, occupancy rates will likely improve, and rents may gradually climb. The data center segment will witness accelerating demand propelled by the rapid expansion of artificial intelligence, cloud computing and the Internet of Things. Likewise, mixed-use properties are poised to gain popularity, driven by the growing appeal of flexible spaces that accommodate diverse businesses and residents. This new demand, coupled with the retiring baby boomer generation's preference for leisure-centric locales, is expected to push the transformation of traditional shopping plazas towards destination centers, offering continued opportunities for savvy CRE investors. Industry revenue will expand at a CAGR of 1.9% to reach $1.7 trillion in 2030.

Discover the thriving European commercial real estate market! Our analysis reveals a €1.47 trillion market in 2025, projected to grow at a 3.53% CAGR until 2033, driven by tech, e-commerce, and hospitality. Explore key trends, regional insights, and leading companies shaping this dynamic sector. Recent developments include: March 2022: BNP Paribas Real Estate acquired a residential asset for its mutual fund BNP Paribas Diversipierre from HT Group, based out of Hamburg. The residential asset is located in Hamburg's Bergedorf district in Germany. This acquisition was made to build a residential asset portfolio and diversify the company's presence in Europe., February 2022: Blackstone Inc. (a leading global investment company) recapitalized its European last-mile logistics company. Blackstone Inc., an existing investor in Midway (a company that owns urban warehouses), agreed to a deal that values the business at USD 24 billion.. Key drivers for this market are: Increasing number of startups. Potential restraints include: Low Awareness and Privacy Issues. Notable trends are: Increasing Investments in the Commercial Real Estate Sector.

Retail Real Estate Finance Market Outlook

According to our latest research, the global retail real estate finance market size reached USD 320.7 billion in 2024, demonstrating the sector's robust performance amidst evolving retail dynamics. The market is expected to grow at a CAGR of 7.8% from 2025 to 2033, culminating in a projected value of USD 637.2 billion by 2033. This growth is primarily fueled by the resurgence of physical retail formats, evolving consumer preferences, and the strategic repositioning of retail assets in both mature and emerging economies. As per the latest research, key growth factors include increased investment in omnichannel retail strategies, sustained demand for experiential retail spaces, and the expansion of retail infrastructure in rapidly urbanizing regions.

A significant growth driver for the retail real estate finance market is the ongoing transformation of the global retail sector, where traditional brick-and-mortar stores are being reimagined as experiential destinations. Retailers and developers are prioritizing innovative store formats, integrating technology, and enhancing customer engagement through immersive experiences. This shift necessitates substantial capital infusion, both for the redevelopment of existing properties and the construction of new, modern retail spaces. The rise of mixed-use developments, which combine retail with entertainment, hospitality, and residential components, is further amplifying the need for diversified financing solutions. Additionally, the emergence of omnichannel retailing, where physical stores complement e-commerce platforms, is driving investments in logistics, last-mile delivery hubs, and smart retail infrastructure, all of which require robust financial backing.

Another critical factor propelling the retail real estate finance market is the increasing participation of institutional investors and alternative capital providers. As traditional retail assets undergo repositioning and value-add strategies, private equity firms, real estate investment trusts (REITs), and sovereign wealth funds are actively seeking opportunities to deploy capital in high-potential retail projects. The low-interest-rate environment in several regions has also made debt financing more attractive, encouraging developers and investors to leverage favorable borrowing conditions for acquisitions, refurbishments, and new developments. Moreover, the proliferation of non-banking financial institutions and the introduction of innovative financing instruments, such as green bonds and sustainability-linked loans, are broadening the spectrum of available funding sources, thereby supporting market growth.

The global retail real estate finance market is also benefiting from supportive government policies and urbanization trends, particularly in emerging markets. Various governments are implementing initiatives to revitalize city centers, promote smart urban planning, and attract foreign direct investment in retail infrastructure. These policies are complemented by rising disposable incomes, demographic shifts, and increased consumer spending in developing regions, which collectively enhance the attractiveness of retail real estate as an asset class. Furthermore, advancements in financial technology are streamlining transaction processes, improving risk assessment, and enabling more efficient capital allocation, thereby fostering greater transparency and investor confidence.

From a regional perspective, Asia Pacific stands out as the fastest-growing market for retail real estate finance, driven by rapid urbanization, expanding middle-class populations, and a surge in organized retail developments. North America and Europe continue to dominate in terms of market share, owing to their mature retail sectors, sophisticated financing ecosystems, and ongoing redevelopment of aging retail assets. Meanwhile, Latin America and the Middle East & Africa are witnessing increased investment flows, supported by favorable demographics and government-led infrastructure initiatives. The interplay of these regional dynamics is shaping the global competitive landscape and creating new avenues for growth and innovation within the retail real estate finance market.

In recent years, the emergence of Commercial Real Estate CLO (Collateralized Loan Obligations) has become a notew

Turkey Commercial Real Estate Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2026 to 2032.

Turkey Commercial Real Estate Market : Definition/Overview

Commercial real estate (CRE) refers to properties that are primarily used for business purposes rather than residential living. This category encompasses a wide range of non- residential properties designed to generate income, including office buildings, retail spaces, industrial warehouses, hotels, and multifamily housing units. Typically leased to tenants who conduct income-generating activities, commercial real estate plays a crucial role in the economy by providing the necessary infrastructure for businesses to operate.

The management, leasing, and development of these properties involve various stakeholders and can yield profits through rental income or capital appreciation.

The global commercial real estate market is experiencing robust growth, projected to maintain a compound annual growth rate (CAGR) exceeding 4% from 2025 to 2033. This expansion is driven by several key factors. Firstly, a sustained increase in urbanization and population growth, particularly in developing economies, fuels the demand for office spaces, retail outlets, and industrial facilities. Secondly, the ongoing shift towards e-commerce continues to propel demand for logistics and warehouse spaces, as businesses adapt to evolving consumer preferences and supply chain dynamics. Technological advancements in building management systems and property technology (PropTech) are further enhancing efficiency and attracting investment. Finally, favorable government policies aimed at stimulating economic growth and infrastructure development in many regions contribute to this positive market outlook. However, factors such as economic uncertainties, rising interest rates, and potential shifts in work patterns (e.g., hybrid work models) pose challenges to sustained growth. Despite these headwinds, the market shows resilience. The segment breakdown likely reveals a diverse landscape with varying growth rates across office, retail, industrial, and other property types. Key players like Brookfield Asset Management, Prologis, and Simon Property Group are strategically positioning themselves to capitalize on market opportunities through acquisitions, developments, and technological integrations. Regional variations are expected, with North America and Europe likely maintaining significant market shares while emerging markets in Asia and the Middle East exhibit strong potential for growth. A deeper analysis would need to incorporate specifics of the regional data and segment breakdowns to gain a more nuanced understanding of the market’s dynamics. The competitive landscape is intense, necessitating adaptability and innovation for sustained success in this dynamic sector. Recent developments include: November 2022 - Colliers CAAC, a regional holding company, currently holding exclusive sublicenses for Central America, the Caribbean, and certain Andean countries from Colliers International announced the acquisition of a Costa Rican real estate consultancy., October 2022 - M&G Plc's real estate division acquired a prime office building in Yokohama for more than USD 700 million as the company continues to expand its portfolio in Japan. M&G Real Estate purchased the 21-story Minato Mirai Center Building on behalf of the company's M&G Asia Property Fund.. Notable trends are: Office Markets to Witness Increased Growth.

The Israel Commercial Real Estate Market Report is Segmented by Property Type (Offices, Retail and More), by Business Model (Rental and Sales), by End User (Individuals / Households, Corporates & SMEs and More) and by Region (Tel-Aviv District, Jerusalem District and More). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

The European commercial real estate market is booming, projected to reach $443 billion by 2033 with a CAGR of 6.08%. Discover key trends, market segments (office, retail, industrial), leading companies, and regional insights in this comprehensive analysis. Invest wisely in this lucrative market.

Discover the latest trends and insights into the booming European commercial real estate market. Projected to reach $2 trillion by 2033, this report analyzes market size, CAGR, key drivers, and regional variations, featuring top players like Blackstone and Hines. Explore the opportunities and challenges across office, retail, industrial, and other sectors. Recent developments include: December 2023: Blackstone, the world’s largest commercial real estate owner, announced plans to grow its footprint in Europe, with an emphasis on data centers, warehouses, and student accommodation. Blackstone’s London office locations are more flexible than those of WeWork due to its majority ownership of The Office Group, which partnered with Fora (part of its parent brand). The Office Group has more than 70 offices, with 61 in Central London.December 2023: MEININGER, the world’s largest hotel operator, announced plans to expand into Edinburgh after signing an agreement with property development firm S Harrison to turn a 1970s office block in the city’s Haymarket into a beautiful new hotel. S Harrison, based in York, purchased Osborne House in late 2018 and has since worked with Edinburgh’s Comprehensive Design Architects to develop the building’s transformational plans. The new hotel is expected to have a total of 157 bedrooms and include a ground-floor bar and lounge.. Key drivers for this market are: Increasing immigration driving the market, Increase in supply of commercial properties driving the market. Potential restraints include: Increasing immigration driving the market, Increase in supply of commercial properties driving the market. Notable trends are: The Retail Segment is Experiencing Lucrative Growth.