Market size of commercial real estate investment management worldwide 2016-2023
In 2023, the real estate investment management market shrunk by nearly 1.5 trillion U.S. dollars. The figure shows the value of assets under management (AUM) held by more than 200 of the largest real estate investment managers worldwide. Since 2016, the industry has grown, with the total AUM peaking at nearly 6.1 trillion U.S. dollars in 2022. In 2023, a weaker capital market affected real estate investments, bringing the AUM of real estate investment managers to 4.6 trillion U.S. dollars. According to the same source,
Blackstone, Brookfield Asset Management, and Prologis were the largest real estate investment managers in 2023.