Commercial Real Estate - MENA

MENA

The value of Commercial Real Estate market is projected to reach US$5.02tn in 2024.
The value is expected to show an annual growth rate (CAGR 2024-2029) of 1.81%, resulting in a market volume of US$5.49tn by 2029.
In global comparison, most Real Estate value will be generated in the United States (US$25,280.0bn in 2024).

Key regions: Europe, France, Japan, Brazil, Asia

Market

Region

Region comparison

Currency

Methodology

Data coverage:

Figures are based on value of commercial real estate.

Modeling approach / Market size:

Market sizes are determined by a bottom-up approach. As a basis for evaluating this market, we use national statistical offices. Next, we use relevant key market indicators and data from country-specific associations such as share of industry, manufacturing, and services of the GPD, price level index, GDP. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the market, for example, exponential trend smoothing.

Additional Notes:

The market is updated twice per year in case market dynamics change. The impacts of the Russia-Ukraine war are considered at a country-specific level.