By 2030, Asia will have 4.75 billion people and a burgeoning economy that will create unprecedented opportunities.
The Asian region will also experience the world’s fastest urbanization rate, with 414 million people migrating to cities by 2030, according to the United Nations and CBRE Research.
THE RISE OF THE MACHINES
By 2030, AI-assisted data-gathering, calculating and appraising will make it easier than ever to successfully invest in commercial real estate.
CBRE Research estimates that by 2030, 90% of commercial real estate assets will be appraised using AVMs, at least as a starting point.
THE NEW MATH
Big data and AI are helping to create new metrics that let us see property value in a whole new light.
Ten years from now, there will be new methods of valuation across all property types as uses merge into more mixed-use, digital and adaptive environments. — Meghann Martindale, Global Head of Retail Research, CBRE
THE ASSET CLASS OF THE FUTURE
Urban population growth will put a premium on land and space, causing a rise in multifamily housing development.
Absent adverse legislation, the value of the multifamily sector could rise to US$27 trillion, up from US$7 trillion now, according to CBRE Research and CBRE Econometric Advisors.
2019 US$7.34 Trillion
2030 (projected) US$26.89 Trillion
Multifamily Sector within the Global Investable Universe
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