The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Untitled design (8)
LESS THAN 30 DAYS UNTIL OUR FLAGSHIP CONFERENCE 29-31 JULY, GOLD COAST
4 WEEKS UNTIL OUR FLAGSHIP CONFERENCE 29-31 JULY, GOLD COAST
SECURE YOUR SPOTDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
print
Print
Real EstateStaff WriterSun 22 Oct 17

Sydney and Melbourne in Top Five Asia-Pacific Cities for Real Estate Investment

Tokyo-Shibuya

The global stock of investable real estate amounts to approximately $27.5 trillion, with Tokyo the largest single real estate market in the world with a value of US$711 billion of investable real estate.

New York ($657 billion) and Los Angeles ($482 billion) round out the top three globally. The US was the world's largest real estate market globally with a value of over $8 trillion.

CBRE's October 2017 report How much real estate? A global analysis, measures the relationship between city market size and capital flows into real estate for 122 cities around the world.

The research identifies a high correlation between the size of a city’s investment stock and the volume of investment into that city.

Asia Pacific’s five largest cities are Tokyo, Seoul, Osaka, Sydney, and Melbourne. Sydney and Melbourne list at fourth ($113 billion) and fifth ($95 billion) respectively.

Europe, the Middle East and Africa (EMEA) only had two cities in the top 10, London and Paris. The top 10 markets accounted for approximately 15 per cent of global investment stock.

The largest five cities in the Americas represent $2 trillion while in
Europe, the five largest cities amount to approximately $1 trillion (APAC 1.5$ trillion). The top 15 together amount to more than $4.5 trillion of investable stock, located in eight countries around the globe.

CBRE's researchers for the report, economists Richard Barkham and Dennis Schoenmaker point out that the amount of stock available in each market is relevant to investors pursuing a global diversification strategy -- and a true market-neutral portfolio must be weighted by city size.

However, for investors not pursuing full global diversification, it is still useful to know the relative size of the key global investment markets to ensure a reasonable portfolio balance.

Shibuya, Tokyo image copyright: sepavo / 123RF Stock Photo

ResidentialRetailIndustrialHotelAustraliaInternationalSector
AUTHOR
Staff Writer
"TheUrbanDeveloper.com is committed to delivering the latest news, reviews, opinions and insights into the best of urban development from Australia and around the world. "
More articles by this author
ADVERTISEMENT
TOP STORIES
Exclusive

Tapping the Bunnings ‘Halo Effect’

Taryn Paris
5 Min
Exclusive

‘Construction Not a Scale Game’: Hutchinson

Phil Bartsch
9 Min
Nation's build-to-rent project Charlie Parker in Sydney's Parramatta where more projects are being located and built outside the CBD.
Exclusive

Foreign Capital Still Dominates BtR but Things are Changing

Marisa Wikramanayake
7 Min
Exclusive

Fortis Reveals Plans for Coveted Bowen Terrace Site

Taryn Paris
4 Min
Exclusive

Accor Deputy Delivers Verdict on Brisbane Games Hotel Shortfall

Phil Bartsch
6 Min
View All >
The City of Melbourne has opted to keep Greenline in the 2025-26 Budget.
Policy

Melbourne Budget Puts Paid to Greenline Future Fears

Marisa Wikramanayake
Residential

Consolidated Reveals Next Riverfront Play in $64m Deal

Leon Della Bosca AND Taryn Paris
Deicorp Five Dock Mixed-Use Precinct
Residential

Deicorp’s $1.8bn Inner-West Sydney Precinct Greenlit

Vanessa Croll
Kings Bay Village in Five Dock has become the first private project to advance under NSW's Parramatta Road renewal strat…
LATEST
The City of Melbourne has opted to keep Greenline in the 2025-26 Budget.
Policy

Melbourne Budget Puts Paid to Greenline Future Fears

Marisa Wikramanayake
4 Min
Residential

Consolidated Reveals Next Riverfront Play in $64m Deal

Leon Della Bosca AND Taryn Paris
3 Min
Deicorp Five Dock Mixed-Use Precinct
Residential

Deicorp’s $1.8bn Inner-West Sydney Precinct Greenlit

Vanessa Croll
3 Min
Markets

Private Credit’s Biggest Risk in Expansion: Sameer Chopra

Taryn Paris
2 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/cbre-world-real-estate-market-size