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Insights on the Commercial Real Estate Brokerage and Management Global Market to 2030 – Featuring CBRE, Lendlease and Century 21 Among Others – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Commercial Real Estate Brokerage and Management Market by Solution, Type and Application: Global Opportunity Analysis and Industry Forecast, 2021-2030” report has been added to ResearchAndMarkets.com’s offering.

The commercial real estate brokerage and management market is expected to reach $424,406.0 million by 2030, from $209,901.0 million in 2020, registering a CAGR of 7.2% from 2021 to 2030.

Commercial real estate brokerage management consists of properties such as industrial, land, flex, retail space, shopping complexes, and others. Brokerage management provides solutions such as valuation services, advisory services, lease management, and rental management. Brokerage consists of broker, intermediator who connect seller and buyer to conduct a transaction.

Rise in demand for technologies such as Big Data analytics, Artificial Intelligence (AI), and Internet of Things (IoT) in the commercial real estate management drives the growth of the commercial real estate brokerage and management market. The commercial real estate brokerage and management market is mainly driven by urbanization in developing countries. People from small villages and towns are migrating to cities to improve their living standards. Increase in industries around large cities has led to expansion of cities, which in turn, drives the demand for brokerage management services; thereby, fueling the growth of the commercial real estate brokerage and management market. In addition, governments of several nations such as the U.S. and Australia offer real estate loans at lower rates for long term and concession for first time home buyers, respectively, which in turn drive the demand for brokerage management services.

Major players such as Jones Lang LaSalle IP, Inc, Cushman & Wakefield PLC, and others are adopting acquisition as development strategy to improve the product portfolio of brokerage management services. For instance, in October 2020, Cushman & Wakefield Plc acquired PMP Tech, based in Taiwan deals in technology, services, and products related to commercial real estate brokerage management services. The acquisition was carried out for $98 million. The acquisition aimed to improve the product portfolio of brokerage management services.

Furthermore, saturation in developing countries and COVID-19 impact on commercial real estate industry are anticipated to hamper the growth of the commercial real estate brokerage and management market. Furthermore, expansion of new planned city in developing countries is anticipated to provide lucrative opportunities for the growth of the commercial real estate brokerage and management market.

Regionally, the commercial real estate brokerage and management market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

Key Benefits

  • The report provides an extensive analysis of the current trends and future estimations.
  • Extensive analysis of commercial real estate brokerage and management market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
  • A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
  • The commercial real estate brokerage and management market forecast analysis from 2021 to 2028 is included in the report.
  • The key market players within the commercial real estate brokerage and management market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the commercial real estate brokerage and management market.

Market Dynamics

Drivers

  • Rising urban population
  • Surge in commercial construction buildings.
  • Rise in government initiatives for real estate investments

Restraint

  • Saturation in developed nations

Opportunity

  • Expansion of old and setting new planned cities

Key Players

  • CBRE Group, Inc
  • Christie’s International Real Estate
  • Cushman & Wakefield Plc
  • Jones Lang LaSalle IP, Inc
  • Newmark & Company Real Estate, Inc
  • Colliers International Group, Inc
  • Keller Williams Realty, Inc
  • Regus Group
  • Lendlease
  • Century 21

For more information about this report visit https://www.researchandmarkets.com/r/5e8dql

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Laura Wood, Senior Press Manager

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