Real Estate Market is Set to Garner Staggering Revenue by 2019 - 2026 | American Tower, Gecina, Link REIT, Prologis, Segro, Sinar Mas Land, Welltower

Global real estate market is projected to reach $8.6 billion by 2026, growing at a CAGR of 2.8% from 2019 to 2026. In 2018, by property, the land segment accrued the largest share in the real estate market. The land-related transactions have grown, owing to growth in the commercial, industrial, and residential projects around the globe. Moreover, many real estate investment firms are focusing on purchasing farm-related properties and agricultural land for leasing them to farmers. For example, in September 2019, Gladstone Land Corporation has acquired more than 400 acres of farmland in California. It entered into lease agreements with respective firms to operate the property. These firms will focus on growing a variety of berry crops. Hence, growth in the number of such projects is expected to increase the demand for land around the globe.

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