The total value of all real estate in the world is $200 trillion. This is stated in the study of the British company Savills. According to the report, 84% of the total value of world real estate is necessary for housing ($168,5 trillion), the rest is commercial property.
More than 70% of all real estate in the world in terms of value ($141,5 trillion) is located in ten countries – China, USA, Japan, UK, India, Germany, France, Brazil, Italy and Russia.
First in the list is China ($42,7 trillion), the second – the USA ($42,1 trillion), the third position far behind Japan ($9.5 trillion).
Savills was founded in 1855 and is one of the world leaders in the field of real estate. The company is present in over 60 countries, employs 30 thousand employees.
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