Real Estate Transactions To Hit $1trillion In 2020

Analysts from the real estate sector have projected that transactions in the industry would surpass $1trillion globally, by 2020.
The Director Global Capital Markets Research, Mr David Green-Morgan, stated that transaction volumes would be driven by the need to cater for the aging global population investment requirements.
Green-Morgan, noted that by 2050 there will be more people over the age of 55 than the entire population of the world in 1950, saying, “This demographic impact will have a profound effect on real estate investment strategies with the amount of private equity capital targeting direct real estate set to increase by over 500 per cent”.
He explained that the real estate investment markets have witnessed several new trends over the last 10 years as the sector became global.
He further explained that mainstream real estate investment has widened considerably and now includes healthcare, age care, student housing, residential development, public and private real estate debt and the establishment of a multi-family sector.

— thetidenewsonline