Mann Report June/July 2022

Page 130

BY THE NUMBERS

THE RETURN OF GLOBAL REAL ESTATE The result after a global pandemic that saw most of the real estate industry take a pause: global surges as the world reopens again. Not surprisingly, year-over-year transaction volumes, appraisals and more are seeing stratospheric increases around the world. Look at an industry as it comes roaring back — you can see it by the numbers.

$3.741 trillion

20%

The projected size of the global real estate market, an increase of 10.5% over 2021

U.K. market valuation appraisals, at their highest level in 10 years as of November 2021, up 6% from November last year and 20% higher than November 2019

(Researchandmarkets.com Real Estate Global Market Report 2022)

(Knight Frank)

35%

74%

Increase in Q1 2022 office leasing volumes over Q1 2021

The increase in residential transaction volumes in Dubai in 2021, led by villa and townhouse developments.

(JLL Global Real Estate Perspective May 2022)

Your Square Footage and Dollar Values, Delivered.

128 MANN REPORT | JUNE & JULY 2022

(Savills)

$54.4 billion

$1.3 trillion

Volume of foreign buyer residential purchases from April 2020 through March 2021, 2.8% of the $1.96 trillion of the dollar volume of existinghome sales

Global volume of completed sales of commercial properties in 2021, 59% higher than the 2020 total and 22% ahead of the previous peak in 2019, according to MSCI Real Capital Analytics (RCA)

(National Association of Realtors, International Transactions in U.S. Real Estate)

(2022 Emerging Trends in Real Estate Global Outlook, PwC and Urban Land Institute)


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Articles inside

By the Numbers: The Return of Global Real Estate

1min
pages 130-132

Commercial Corner: Gregory Kraut, co-founder and CEO of KPG Funds

2min
pages 128-129

Crossword

1min
pages 126-127

Executive Changes

4min
pages 120-125

Cal State Dominguez Opens Innovation and Instruction Building

9min
pages 114-119

The Articles

34min
pages 86-103

Wine Meets Art at Edes Building

4min
pages 106-107

Warner Red Hill Commences Construction in Santa Ana

2min
pages 108-113

Real Estate is Flagged for Digital Disruption Within the Next Decade

7min
pages 82-85

To New Heights: The Palace Theatre is Raised on Broadway

3min
pages 104-105

ESG 1.0 vs. ESG 2.0

5min
pages 80-81

Daewoo Offers First Metaverse Application in Korea Property Market

1min
pages 78-79

AI and the Doorway

5min
pages 76-77

It’s Time to Re-imagine Private Markets

4min
pages 66-67

A Middle East Pearl: Four Seasons and Q Bayraq Announce Luxury Development in Doha

3min
pages 74-75

Rockaway Beach Welcomes Women’s Health Facility

3min
pages 58-59

Nuveen Real Estate Launches Global Impact Investing Sector

2min
pages 60-65

A Mid-year Look at Commercial, Multifamily Real Estate Finance

4min
pages 56-57

Ask the Expert: Gemma Burgess on Diversifying Real Estate

7min
pages 54-55

Residential News

5min
pages 30-33

Editor’s Letter

1min
pages 14-17

Commercial News

5min
pages 26-29

Breaking News

5min
pages 42-47

Tech Talk

4min
pages 38-41

Management News

4min
pages 34-37

Making Buildings Perform for People Worldwide

11min
pages 48-53

New York Landmarks Conservancy Presents 2022 Lucy G. Moses Preservation Awards

2min
pages 20-25
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