How expensive is the world’s real estate property? Top 10 countries



09/05/2017 2:29 PM


Real estate has long been a real and valuable asset all over the world. According to a study by Savills, the total cost of all commercial and residential real estate in the world amounts to $ 200 trillion.



Metropolitan Transportation Authority of the State of New York
At the same time, all residential buildings on the planet cost $ 168.5 trillion, or 84% of the total cost. More than 70% of this amount fall on these 10 countries:

China

China occupies the first line of the rating with the highest value of all real estate throughout the country. All the buildings in the Middle Kingdom cost $ 42.7 trillion. At the same time, commercial buildings are estimated at only $ 3.3 trillion.

USA

America ranks second in the ranking of countries with the most expensive buildings. At the same time, the total value of real estate in China and the US is $ 84.8 trillion, which is 42% of the value of all real estate in the world. In the US, there is also a noticeably larger share of commercial real estate (19%, or $ 8 trillion).

Japan

The cost of all buildings in Japan is estimated at $ 12.3 trillion. And the gap between the US and China is simply enormous. Savills experts estimated the cost of residential property at $ 9.5 trillion, and offices, warehouses, etc. - at $ 2.8 trillion.

United Kingdom

Although the UK is considered the financial center of Europe, it occupies only the fourth line in the rating with a total result of $ 10.6 trillion. The total cost of residential property is $ 9.2 trillion, commercial - $ 1.6 trillion.

India

India takes the fifth place. The total cost of all buildings is $ 8.7 trillion. At the same time, commercial real estate in the country is not as pricey as one would expect: its cost amounts only $ 0.4 trillion, and this is less than that of any other country in the top 10.

Germany

Germany takes the sixth place with an indicator of $ 7.6 trillion. Share of commercial real estate in Europe's largest economy is the maximum: it exceeds 22%. The cost of residential property is $ 5.9 trillion.

France

In France, which sits on the seventh position, total cost of real estate is estimated at exactly $ 6 trillion, of which $ 1.3 trillion fall to commercial property.

Brazil

Brazil with a total cost of real estate of $ 4 trillion is on the eighth place is. Residential real estate here is estimated at $ 3.2 trillion, commercial - at $ 0.8 trillion.

Italy

The total value of all Italian buildings reaches 3.8 trillion, which is very close to Brazil. The ratio of residential and commercial real estate is also very similar. Price of housing amounts to $ 2.9 trillion.

Russia

Russia completes the rating with the highest total cost of real estate. Residential real estate here was valued at $ 2.9 trillion, another $ 0.7 trillion accounted for the total value of all commercial facilities in the country.

source: savills.co.uk


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