When it comes to luxury branded real estate projects worldwide, North America was the largest market in 2023. The source defines this type of real estate as residential properties associated with an established brand. Nearly 40 percent of the projects in operation or in the development pipeline were in North America. The Asia-Pacific region came next at about 20 percent, while the European region accounted for over 12 percent of the projects. The Middle East and Latin America both represented around 10 percent, with Africa and the Caribbean region also contributing approximately four percent each.
Distribution of luxury branded real estate projects worldwide in 2023, by region
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Knight Frank. (July 3, 2023). Distribution of luxury branded real estate projects worldwide in 2023, by region [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1415148/location-of-luxury-branded-real-estate-worldwide/
Knight Frank. "Distribution of luxury branded real estate projects worldwide in 2023, by region." Chart. July 3, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1415148/location-of-luxury-branded-real-estate-worldwide/
Knight Frank. (2023). Distribution of luxury branded real estate projects worldwide in 2023, by region. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1415148/location-of-luxury-branded-real-estate-worldwide/
Knight Frank. "Distribution of Luxury Branded Real Estate Projects Worldwide in 2023, by Region." Statista, Statista Inc., 3 Jul 2023, https://www.statista.com/statistics/1415148/location-of-luxury-branded-real-estate-worldwide/
Knight Frank, Distribution of luxury branded real estate projects worldwide in 2023, by region Statista, https://www.statista.com/statistics/1415148/location-of-luxury-branded-real-estate-worldwide/ (last visited November 21, 2024)
Distribution of luxury branded real estate projects worldwide in 2023, by region [Graph], Knight Frank, July 3, 2023. [Online]. Available: https://www.statista.com/statistics/1415148/location-of-luxury-branded-real-estate-worldwide/