A latest story by McKinsey insights says that the market value of the global balance sheet has tripled in the first two decades of this century. It means that the net worth has tripled since 2000, but the increase mainly reflects valuation gains in real assets, especially real estate, rather than investment in productive assets that drive our economies.

The value of residential real estate including land amounted to 46 percent of global net worth in 2020, with corporate and government buildings and the land associated with them accounting for an additional 23 percent.

McKinsey (source)
A McKinsey report says—Real estate makes up two-thirds of global real assets or net worth, as posted by Tick Property Mohali.

Read the complete story by McKinsey—The rise and rise of the global balance sheet: How productively are we using our wealth?


About Tick Property

About Tick Property

Tick Property is an independent real estate services consultancy. We work as industry advisors and consultants on strategy, roadmap, and operational walk throughs with real estate corporates and the companies who work in infrastructure, retail, construction, with the real estate vendors and partners, and operators on commercial property and residential projects in Zirakpur, Mohali, and Chandigarh region.

Comments to: Real estate makes up two-thirds of global real assets or net worth—McKinsey

Your email address will not be published. Required fields are marked *

Attach images - Only PNG, JPG, JPEG and GIF are supported.

Contributing authors

Inviting contributor author for Tick Property: If you want to write for Tick Property, please write to us at [email protected] with the details—your name, email ID, and your current organization (or business name if self-employed).

The Tick Property Newspaper

We publish a daily newspaper for a quick reference to real estate news, insights, and reports: See the Tick Property Newspaper

Good Reads

The Confederation of Real Estate Developers’ Association of India (CREDAI) has expressed concern over the increasing prices of construction in infrastructure and real estate, particularly since 2020. They say that it can directly impact the property prices as these may increase by as much as 10-15 per cent construction cost for the raw materials does […]
A latest story by McKinsey insights says that the market value of the global balance sheet has tripled in the first two decades of this century. It means that the net worth has tripled since 2000, but the increase mainly reflects valuation gains in real assets, especially real estate, rather than investment in productive assets […]

Worlwide

There are no matching posts for this section.

Trending

This post is taken from Forbes India (source). In the commercial property trends in India in the recent years, the new-generation technology parks have emerged particularly in high-potential and high-rewarding cities including in Bengaluru, Hyderabad, Mumbai, Delhi and Pune. Chandigarh and Kolkata are now attracting investments too. This, according to Nasscom, has been due to […]