Real Estate Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 10/9/2017
SIC Codes: 6512, 6513, 6514, 6515, 6517, 6519, 6531
NAICS Codes: 531
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
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Excerpt from Real Estate Industry Profile

Companies in this industry buy, rent, or lease real estate, manage residential, commercial, and industrial properties, and provide other real estate related services, including appraisals. Major companies include CBRE Group, Host Hotels & Resorts, Realogy, and Simon Property Group (all based in the US), as well as Finatis (France), Mitsui Fudosan (Japan), Savills (UK), and Scentre Group (Australia).

Global commercial real estate investments and leasing volumes were solid in 2016 and were expected to remain robust in 2017, according to Jones Lang Lasalle. Economies in developed and emerging markets have begun to grow in unison for the first time in several years, which could spur a rise in real estate investments. As of early 2017, the top cities for direct commercial real estate investment included London, Tokyo, New York, Los Angeles, Washington DC, Boston, and Hong Kong.

The US real estate industry includes about 295,000 companies with combined annual revenue of about $355 billion.

COMPETITIVE LANDSCAPE

Demand for real estate is driven by population growth, personal income, employment rates, interest rates, and access to capital. The profitability of individual companies depends on property values and demand, which are both impacted by general economic conditions. Real estate companies also rely on the supply of investment capital. Large companies have competitive advantages based on their financial resources and broad geographic reach. Small companies can compete effectively by focusing on local or regional markets. The ...

 
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