Value of global real estate assets increases by 5%
Inmobiliare | October 05, 2021 |

World real estate assets, reach 326 million dollars, during 2020, increasing their value by 5% according to the real estate consultancy Savills.

The study on trends in the market known as Impacts 2021, showed that the Real Estate sector is one of the main sources of wealth in all countries.

Therefore, the value achieved by the assets is equivalent to almost four times the GDP produced worldwide, according to the data recorded in the international consultancy.

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The increase in market value, after a year of pandemic, was largely driven by the residential sector, which represents around 79% of the total globally.

Homes in most regions on different continents increased in value by an estimated 8%. And they reached the figure of more than 258 trillion dollars in 2020.

Now, the value of tertiary assets was one of the few that showed a decrease of 5%, so it is expected to register a new peak at the end of 2021.

Also, agricultural land, with a value of 35 billion dollars, experienced a decrease of 7% during 2020. This is due to the fact that the prices of land in South America suffered a significant fall

However, this part of the sector has shown exceptional growth over the last decade.

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The increase in real estate assets is partly due to the relevance of government stimuli, from the Covid-19 health emergency.

On the one hand, funds from some countries added capital and the real estate sector positioned itself as a destination that offers multiple benefits.

Among the benefits that these assets have, we find that they can generate income at low interest rates, and even obtain profits through different tools such as leasing.

In Solili you can consult the National Industrial Report at the end of 3Q 2021 where a historical demand for manufacturing and logistics reactivation is indicated

Original note

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