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?

Commercial and residential real estate support each other in upcoming and growing areas, just as we saw it on and around airport road Zirakpur and Mohali.


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 in Zirakpur and Mohali.

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Your email address will not be published.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.

Contact 9814210011, 9855063463, [email protected]

Join us today!

Join us for real estate industry updates, news, new projects, trends, reports, and new property updates.

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

As the consumer products are becoming technology driven whether for connected devices at home, the voice technology, using integrated apps for house maintenance, it clearly impacts how you select a new home to buy in Mohali and Zirakpur. Whether you are looking for app enabled security system, the power consumption patterns, or the air quality […]

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 […]