How big is the Office Real Estate Market?

The Office Real Estate Market size is expected to reach USD 2.10 trillion in 2024 and grow at a CAGR of greater than 5.17% to reach USD 2.71 trillion by 2029. Read More

What is the current Office Real Estate Market size?

In 2024, the Office Real Estate Market size is expected to reach USD 2.10 trillion. Read More

Who are the key players in Office Real Estate Market?

Hines , Skanska, Colliers International, Delhi Land & Finance and JLL are the major companies operating in the Office Real Estate Market. Read More

Which is the fastest growing region in Office Real Estate Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Office Real Estate Market?

In 2024, the Europe accounts for the largest market share in Office Real Estate Market. Read More

What years does this Office Real Estate Market cover, and what was the market size in 2023?

In 2023, the Office Real Estate Market size was estimated at USD 2 trillion. The report covers the Office Real Estate Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Office Real Estate Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Office Real Estate Market Share

Statistics for the 2023 & 2024 Office Real Estate market share, created by Mordor Intelligence™ Industry Reports. Office Real Estate share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Office Real Estate Industry

The report covers major players operating in the office real estate market. The office real estate market is relatively fragmented. The office real estate market is attracting a lot of investments supported by an increasing number of real estate acquisitions as well as an increase in new property builders. Some of the leading players in the office real estate market include Hines, Skanska, Mitsubishi Estate, Delhi Land & Finance, JLL, Colliers International, and many more. Office real estate leases are typically long-term, and every three years, the rental rate increases by 15%, making it profitable for developers. This has fueled the creation of several new office space projects that are currently under construction and will be open soon. For instance, Tata Realty and Infrastructure Limited (TRIL) is constructing grade A+ office space for corporate leasing in Gurugram sector 59, which is 550,000 sq. ft. and will likely be available by December 2026.