The size of the professionally managed global real estate investment market declined to USD
13.3 trillion in 2022 from USD 13.9 trillion in 2021, primarily driven by macroeconomic factors such as rising inflation and increasing interest rates.
On the back of a strong dollar and a slowdown in other markets, especially Europe, the weight of the U.S. in the global market size continued to grow, reaching 40.3% in 2022.
The top five markets constituted 66.9% of the global market size, up from 65.6% in 2021.
Japan overtook the UK to become the third-largest market while China placed second and Germany fifth.
A copy of the report can be downloaded at https://info.msci.com/l/36252/2023-07-18/xzqn2g?utm_source=msci_real_assets&utm_medium=email&utm_content=2023_market_size_ra&utm_campaign=ra_total_portfolio.