NAI Global Publishes New Report on Worldwide Macroeconomic and CRE Trends

By October 12, 2021Media

NAI Global Publishes New Report on Worldwide Macroeconomic and CRE Trends

NAI Global has released its first global report on commercial real estate markets worldwide, including its findings that the professionally managed global real estate investment market increased in value from $9.6 trillion in 2019 to $10.5 trillion in 2020. The total value of the entire real estate market worldwide is estimated to be around $200-$280 trillion. Making it the largest industry in the world.

In addition, the report provides a macro-economic look at the largest economies in the world. Including the U.S., China, Germany and the UK, as well as some of the smaller countries in which NAI Global has representation. Such as Montenegro, Peru, Jamaica and Angola. There is specific information on post-pandemic CRE market conditions in 46 countries on five continents. All covered by NAI Offices by approximately 5,000 professionals. NAI Global’s Market Trends & Facts report was prepared by Infabode. Infabode is a real estate information platform that researched trending content and data to publish the document.

One of most common threads internationally is that the pandemic impacted different sectors of the commercial real estate economy differently. Hospitality and retail suffering the most in this area. Meanwhile, industrial markets expanded in nearly every country that has a substantial industrial base with associated services, such as warehousing and distribution.

Key Findings

  • Goldman Sachs cut its outlook for third and-fourth quarter growth for U.S. GDP citing a slower than expected recovery in the services sector.
  • On an up note, the U.S. commercial market remains relatively solid.
  • Prices are beginning to rise again with pension funds and private-equity firms once again spending record amounts on buildings.

Comments

“Given the global disruption caused by the pandemic in virtually every country and economy, our goal with this report was principally to provide a document to the principals and managers of NAI Global offices throughout our platform to help them understand the broader trends that happened in all the markets covered by our firm, and to make their growth and business expansion plans accordingly,” said Jay Olshonsky, CCIM, FRICS, SIOR, CEO & President of NAI Global.

Report Information

For a closer look at the 59-page report with country-by-country highlights from roughly the second quarter 2020 to mid-way 2021, click here

About NAI Affinity

Affinity Real Estate Partners’ is a family of companies. NAI Affinity, a Northern Colorado based commercial real estate brokerage firm, is the first arm. Affinity Partners, LLC, a real estate investment and development company, is the second. As a Northern Colorado real estate brokerage firm, we provide focused and expert commercial real estate assistance throughout the state. Including cities like Fort Collins, Timnath, Loveland, Windsor, Johnstown/Milliken, Berthoud, Greeley/Evans, the North Front Range, and select Denver-Metropolitan areas.

We are a full-service real estate brokerage firm in Northern Colorado offering a wide range of commercial property services including commercial brokeragereal estate consulting, and investment and development. Our real estate brokerage firm has decades of experience in CRE with various property types, transaction structures, and municipalities. Our clients have the opportunity to leverage this experience to maximize their results and outcomes.

About NAI Global

NAI Global is a leading global commercial real estate brokerage firm. Offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 300 offices strategically located throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 5,100 local market professionals, managing in excess of 1.1 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.

NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services. To learn more, visit www.naiglobal.com.