According to a story from (reg. req.), RREEF has issued a report projecting the global real estate market to grow by 40 percent over the next five years, from $9.8 trillion in 2006 to an estimated $13.7 trillion in 2011. Real Estate
According to the report, the US market is expected to grow by $1.5 trillion over the next five years, the European market by $1.1 trillion, and the Asia-Pacific market by $1.3 trillion.
Emergingwill experience strong growth of more than 100 percent, but their scale will remain relatively small. By 2011, emerging markets are likely to have grown by $1.7 billion but will still only represent 13 percent of the global total. North America and Western Europe could represent as much as 70 percent.
According to RREEF's findings, the value of the total invested commercial market—the space owned by professional real estate investors—was estimated to be close to $10 trillion at the end of 2006. The investible market, which also includes space that is currently owner-occupied but may in time become institutional, totals $16 trillion.