The real estate, rental and leasing sector comprises of businesses that primarily engage in renting, leasing, or otherwise allowing the use of real estate property or rental equipment for a fee. This sector includes a wide range of business types, from small mom-and-pop shops to large publicly traded companies. The sector value is estimated to be worth trillions of dollars worldwide.
The sector has been historically stable, but has seen increased volatility in recent years due to changing economic conditions. Despite this volatility, it remains an important source of revenue for many businesses and an important provider of jobs. There are a few key players in the real estate, rental and leasing sector, including REITs (Real Estate Investment Trusts), landlords, property managers, and developers. These players play a vital role in the sector by owning, developing, and managing properties. Themes in the sector include: affordability, sustainability, accessibility, and growth. These themes are important to consider when thinking about the future of the sector.
-In 2017, the US real estate market was valued at $30 trillion – making it one of the most valuable markets in the world. The commercial real estate market is worth an estimated $11 trillion globally. The US residential real estate market is worth an estimated $3 trillion. There are approximately 1.2 million REITs globally.