The global commercial real estate market size is estimated to grow by USD 384.46 bn from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of 4.36% during the forecast period. The commercial real estate market is experiencing growth due to an increase in the construction of offices, warehouses, and malls globally. Rapid industrialization and urbanization in countries like China, Thailand, Malaysia, and Indonesia are key drivers. The Middle East is also increasing spending on commercial spaces. Foreign investment in India's commercial construction sector is surging, making it an attractive market for major US, European, and Japanese companies. However, challenges such as mortgage rates, inflation, and economic instability may impact growth
However, challenges such as mortgage rates, inflation, and economic instability may impact growth
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Source prnewswire