First Research US Industry Profile

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Commercial Real Estate Management
SIC Codes: 6512
NAICS Codes: 531312
Last Quarterly Update: 5/20/2019
Companies in this industry manage commercial real estate. Major companies include CBRE Group, Cushman & Wakefield, and Jones Lang LaSalle (all based in the US), as well as Colliers International (Canada), Lendlease (Australia), Mitsubishi Estate (Japan), and Regus Group (the UK).
The professionally managed global real estate investment market is valued at about $8.5 trillion, according to MSCI. Top global markets include the US, Japan, and the UK. Major cities including New York, London, Paris, and Tokyo continue to lead global commercial real estate transactional activity.
The US commercial real estate management industry includes about 18,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $18 billion.
Commercial real estate brokers and sales agents are covered in a separate industry profile. Some companies offer both brokerage and management services.
Competitive Landscape
Demand is driven by commercial real estate occupancy levels. The profitability of individual companies depends on efficient operations and effective customer service. Large companies have advantages in performing a range of management services in multiple markets. Small companies can compete effectively by specializing in local markets. The industry is highly fragmented: the top 50 companies account for about 20% of revenue.
Companies that provide commercial property development, investment, construction, and brokerage services may also conduct management services and thus compete with companies in the commercial real estate management industry.
Products, Operations & Technology
Commercial real estate managers oversee the operations of nonresidential property, such as office buildings and office parks, retail space and shopping ... plus:
Sales & Marketing
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Finance & Regulation
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Regional & International Issues
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Human Resources
Also includes the following chapters:
Quarterly Industry Update
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Industry Indicators
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Business Challenges
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Trends and Opportunities
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Call Preparation Questions
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Financial Information
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Industry Forecast
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Industry Websites
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Glossary of Acronyms

Historical Profiles (PDF format)

02/18/2019
11/12/2018
08/13/2018
05/14/2018
02/12/2018
10/30/2017
07/31/2017
05/01/2017
01/30/2017
10/24/2016
07/25/2016
04/25/2016
01/25/2016
10/19/2015
07/20/2015
04/20/2015
01/26/2015
10/27/2014
08/04/2014
05/19/2014
02/24/2014