Summary:
The global commercial real estate market size reached USD 7.3 Trillion in 2023.
The market is expected to reach USD 9.6 Trillion by 2032, exhibiting a growth rate (CAGR) of 3.2% during 2024-2032.
Asia Pacific leads the market, accounting for the largest commercial real estate market share.
Rental accounts for the majority of the market share in the type segment due to the...
Space planning software allows architects and facility managers to design floor plans, manage space allocation, track infrastructure capacity, and visualize space utilization through 2D and 3D simulations. These solutions help commercial real estate firms use their existing spaces more efficiently by reconfiguring layouts, finding underutilized areas, and relocating teams to free up space. With...
The entire discipline of facility management is centered on the successful and efficient functioning of structures and facilities. It includes a broad range of services, such as upkeep, space management, security, and safety, and it makes sure that surroundings are favorable to wellbeing and productivity. Facility managers arrange for a variety of tasks, including emergency preparedness, HVAC,...
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Residential real estate is defined as properties meant for lone occupants or families. This group can include apartments, townhomes, condominiums, and single-family homes. Providing housing for individuals and households is the primary purpose of residential real estate. Investors often buy and sell residential properties with the intention of realising capital gains or rental income....
Investing in real estate in 2024 remains one of the most promising ways to grow wealth, and there are several reasons why it continues to be a smart choice. The evolving market dynamics, economic conditions, and demand trends create an ideal scenario for real estate investors. In this blog post, we'll explore why investing in real estate is a strategic move this year, and why it's more...
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