According to calculations by international real estate adviser, Savills, the total value of all developed real estate on the globe reached US$217 trillion in 2015. The analysis, published today for the first time, measures the entire developed property universe including commercial and residential property as well as forestry and agricultural land. The value of global property in 2015 amounted to 2.7 times the world’s GDP, making up roughly 60% of mainstream global assets and representing an important store of national, corporate and individual wealth. Residential property accounted for 75% of the total value of global property.
For detailed information, please kindly find our official press release attached World real estate accounts for 60% of all mainstream assets-EN.
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