A 4.1 Trillion Dollar Perspective on Commercial Real Estate
As more and more companies return to the office, demand for commercial real estate office space is projected to grow throughout 2022 and beyond. The global commercial real estate industry is currently valued at $4.1 trillion, according to IBIS World. Despite the pandemic-related challenges of the past two years, commercial real estate remains an integral part of the global economy. It anticipates growth in mixed-income and workforce housing, enhanced infrastructure, and technology upgrades in the year to come. As a result, commercial real estate is on the upswing from consulting to leasing and from industrial to management. There’s impressive interest in…