Industry Statistics and Trends
Third-Party Real Estate Activities in Europe key trends
Rising mortgage rates eat into demand for housing.
Rising interest rates as central banks attempted to curb spiralling inflation ratcheted up house prices, eroding demand.
Proptech is set to shake up the real estate industry.
Real estate companies are pumping lots of money into Proptech, which uses technology like AI to improve data analytics and the forecasting of future property values.
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Third-Party Real Estate Activities in Europe
Industry Revenue
Total value and annual change from 2011-2029. Includes 5-year outlook.
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Third-Party Real Estate Activities in Europe market size (2019-2024)
Industry revenue has declined at a CAGR of 3.7 % over the past five years, to reach an estimated €196.2bn in 2024.
Trends and Insights
Tightening monetary policy across Europe hits house prices
- Real estate agents earn income through commissions earned on property transactions. When house prices drop, estate agent commission income drops.
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Third-Party Real Estate Activities in Europe outlook (2024-2029)
Market size is projected to grow over the next five years.
House prices across Europe will see a recovery in 2025
- Demand for housing remains solid going into 2024, thanks to the high proportion of fixed-rate contracts shielding homeowners from rate hikes. However, when these contracts are refinanced, non-performing loans will skyrocket and housing prices will slump, hitting revenue.
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Revenue
€196.2bn
Employees
1m
Wages
€XX.Xbn
European Leaders & Laggards
* CAGR values are for the years 2019-2024.
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Biggest companies in the Third-Party Real Estate Activities in Europe
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
CBRE Group, Inc. | 33,483.5 | 1,632.1 | 4.9 | |
Jones Lang LaSalle Inc. | 20,548.1 | 1,032.5 | 5.0 | |
Savills plc | 2,934.1 | 251.6 | 8.6 |
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Third-Party Real Estate Activities in Europe
Products & Services Segmentation
Industry revenue broken down by key product and services lines.
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Top Questions Answered in this Report
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What is the market size of the Third-Party Real Estate Activities industry in Europe in 2024?
The market size of the Third-Party Real Estate Activities industry in Europe is €196.2bn in 2024.
How many businesses are there in the Third-Party Real Estate Activities in Europe industry in 2024?
There are 710k businesses in the Third-Party Real Estate Activities industry in Europe, which has grown at a CAGR of 4.6 % between 2019 and 2024.
Has the Third-Party Real Estate Activities industry in Europe grown or declined over the past 5 years?
The market size of the Third-Party Real Estate Activities industry in Europe has been declining at a CAGR of 3.7 % between 2019 and 2024.
What is the forecast growth of the Third-Party Real Estate Activities industry in Europe over the next 5 years?
Over the next five years, the Third-Party Real Estate Activities industry in Europe is expected to grow.
What does the Third-Party Real Estate Activities in Europe include?
Transaction and Administrative services are part of the Third-Party Real Estate Activities industry.
Which countries have the most businesses in the Third-Party Real Estate Activities industry in Europe?
The European country with the most businesses in the Third-Party Real Estate Activities industry is Russia.
How competitive is the Third-Party Real Estate Activities industry in Europe?
The level of competition is high and increasing in the Third-Party Real Estate Activities industry in Europe.
Related Industries
This industry is covered in 37 countries
- Third-Party Real Estate Activities in Greece
- Third-Party Real Estate Activities in Romania
- Third-Party Real Estate Activities in Norway
- Third-Party Real Estate Activities in Poland
- Third-Party Real Estate Activities in Cyprus
- Third-Party Real Estate Activities in Estonia
- Third-Party Real Estate Activities in Iceland
- Third-Party Real Estate Activities in Europe
- Third-Party Real Estate Activities in Luxembourg
- Third-Party Real Estate Activities in Russia
- Third-Party Real Estate Activities in Slovakia
- Third-Party Real Estate Activities in Italy
- Third-Party Real Estate Activities in Sweden
- Third-Party Real Estate Activities in Turkey
- Third-Party Real Estate Activities in Latvia
- Third-Party Real Estate Activities in Bosnia & Herzegovina
- Third-Party Real Estate Activities in Austria
- Third-Party Real Estate Activities in France
- Third-Party Real Estate Activities in Lithuania
- Third-Party Real Estate Activities in the Netherlands
- Third-Party Real Estate Activities in Switzerland
- Third-Party Real Estate Activities in Finland
- Third-Party Real Estate Activities in Slovenia
- Third-Party Real Estate Activities in Bulgaria
- Third-Party Real Estate Activities in Spain
- Third-Party Real Estate Activities in Portugal
- Third-Party Real Estate Activities in Serbia
- Third-Party Real Estate Activities in Belgium
- Third-Party Real Estate Activities in Hungary
- Third-Party Real Estate Activities in Czechia
- Third-Party Real Estate Activities in Denmark
- Third-Party Real Estate Activities in Malta
- Third-Party Real Estate Activities in Croatia
Table of Contents
About this industry
Industry definition
Companies in this industry provide third-party real estate services. This involves external activities that support, complement, or are otherwise connected to the real estate industry, like estate agents.
Related Terms
ESCROWFiduciaryProptechWhat's included in this industry?
TransactionAdministrative servicesMaintenanceLettingTenant placementAncillaryCompanies
CBRE Group, Inc.Jones Lang LaSalle Inc.Savills plcIndustry Code
682 - Real estate activities on a fee or contract basis in Europe
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Performance
Key Takeaways
Tightening monetary policy across Europe hits house prices
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Revenue Highlights
Trends
- Revenue
- Current Year Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue in the Third-Party Real Estate Activities in Europe industry (2011 -2029)
- Employees in the Third-Party Real Estate Activities in Europe industry (2011 -2029)
- Business in the Third-Party Real Estate Activities in Europe industry (2011 -2029)
- Profit in the Third-Party Real Estate Activities in Europe industry (2011 -2029)
Analysis
What's driving current industry performance in the Third-Party Real Estate Activities in Europe industry?
Outlook
Analysis
What's driving the Third-Party Real Estate Activities in Europe industry outlook?
Volatility
Analysis
What influences volatility in the Third-Party Real Estate Activities in Europe industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Third-Party Real Estate Activities in Europe industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Demand for administrative services wanes in an economic slowdown. When economic conditions are uncertain, businesses typically rein in investment, hitting demand for administrative expenses.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Third-Party Real Estate Activities in Europe industry's products and services performing?
Analysis
What are innovations in the Third-Party Real Estate Activities in Europe industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Third-Party Real Estate Activities in Europe industry?
International Trade
Highlights
- Largest Importer
- Smallest Importer
- Total Imports into Europe
- Largest Exporter
- Smallest Importer
- Total Exports into Europe
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Revenue by Region (2024)
- Share of Total Industry Enterprises by Region (2024)
- Share of Total Industry Employment by Region (2024)
- Share of Total Industry Wages by Region (2024)
Industry Geographic Breakdown
Data Tables
Values and annual change provided for 37 European countries:
- Revenue (2024)
- IVA (2024)
- Enterprises (2024)
- Employment (2024)
- Exports (2024)
- Imports (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
Hybrid real estate agencies further fragment the industry. The growing presence of online-only and hybrid estate agencies ramped up the fragmented nature of the industry.
Supply Chain
Charts
Buyer and supply industries
Companies
Market Share
Charts
- Industry Market Share by Company (2019-2024)
Companies
Data Tables
Top 10 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit Margin (2024)
Data Tables
- Countries of operation for CBRE Group, Inc.
- Countries of operation for Jones Lang LaSalle Inc.
- Countries of operation for Savills plc
- Countries of operation for Cushman & Wakefield plc
- Countries of operation for ECE Projektmanagement GmbH & Co KG
- Countries of operation for BNP Paribas Real Estate SASU
- Countries of operation for Colliers International Group Inc.
- Countries of operation for Knight Frank LLP
- Countries of operation for SEGRO plc
- Countries of operation for Hines Interests Ltd
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Regulation is fierce in the industry. Regulation aims to ensure fair and transparent real estate transactions, protect the interests of consumers and maintain the integrity of the real estate market.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Third-Party Real Estate Activities in Europe industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Muted business investment hits demand for third-party real estate services. Rising interest rates in the two years through 2023 ratcheted up borrowing costs, resulting in businesses reining in investment.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Third-Party Real Estate Activities in Europe industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
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