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A report says that fifth of the wealth of world's super-rich people’s is in property and it isassessedas USD 5,328 billion; whereas,ultra-rich people of Asia have a largerpart in property.
In the world, about 200,000 is the fifth of the invested wealth of ultra-high net worth individuals (UHNWIs), says Savills an international real estate adviser and Wealth-X.
The report also said that around 19 per cent in the total private wealth of USD 27,770 billion is held in real estate assets, which are accounted to about USD 5,328 billion.
Among all the privately owned real estate assets, Europe's super rich possess the largest share and latter comes the Asians.
Europe’s rich people hold around 31 percent of their wealth in real estate assets that is valued about USD 2,391 billion, Asia accounts for 27 per cent of USD 1,800 billion, and the Middle East holds 26 per cent accounted as USD 880 billion.
According to Yolande Barnes, Head of Savills World Research, global real estate is mostly residential and held by occupants; however, private owners are gaining much importance in the world of merchandized invest-able property.
She also said that since the North Atlantic debt crisis of 2008, the corporate bankers have isolated, as sovereign wealth funds, private banks,wealth management companies, and family offices have strode into property dealings.
Currently, the total value of the world’s property is accounted as USD 180 trillion in which 72 per cent of residential property is self-occupied by owners, says Savills.
In USD 70 trillion of invest-able and thus traded frequently along with the USD 20 trillion of commercial property, about half of the property is bought by companies,private individuals, and organizations.
According to Mykolas D Rambus, the CEO of Wealth-X, the ultra-high net worth individuals (UHNWI) populace is likely to rise by 22 per cent by 2018 and the combined wealth of UHNWI currently is USD 27.8 trillion and is likely to over all above USD 36 trillion by 2018.
Rambus also added that the growth in UHNWI will allow huge opportunities for those who deal in global real estate investment and to create the right merchandise in the right locations.
About 3 percent of the world's total real estate value, which is accounted to USD 5.3 trillion, is possessed by UHNWIs.
The report also said that the UHNWI’s population is around 0.003 per cent of the world’s populace and has property holdings that are valued in an average of USD 26.5 million each.
In the world, about 200,000 is the fifth of the invested wealth of ultra-high net worth individuals (UHNWIs), says Savills an international real estate adviser and Wealth-X.
The report also said that around 19 per cent in the total private wealth of USD 27,770 billion is held in real estate assets, which are accounted to about USD 5,328 billion.
Among all the privately owned real estate assets, Europe's super rich possess the largest share and latter comes the Asians.
Europe’s rich people hold around 31 percent of their wealth in real estate assets that is valued about USD 2,391 billion, Asia accounts for 27 per cent of USD 1,800 billion, and the Middle East holds 26 per cent accounted as USD 880 billion.
According to Yolande Barnes, Head of Savills World Research, global real estate is mostly residential and held by occupants; however, private owners are gaining much importance in the world of merchandized invest-able property.
She also said that since the North Atlantic debt crisis of 2008, the corporate bankers have isolated, as sovereign wealth funds, private banks,wealth management companies, and family offices have strode into property dealings.
Currently, the total value of the world’s property is accounted as USD 180 trillion in which 72 per cent of residential property is self-occupied by owners, says Savills.
In USD 70 trillion of invest-able and thus traded frequently along with the USD 20 trillion of commercial property, about half of the property is bought by companies,private individuals, and organizations.
According to Mykolas D Rambus, the CEO of Wealth-X, the ultra-high net worth individuals (UHNWI) populace is likely to rise by 22 per cent by 2018 and the combined wealth of UHNWI currently is USD 27.8 trillion and is likely to over all above USD 36 trillion by 2018.
Rambus also added that the growth in UHNWI will allow huge opportunities for those who deal in global real estate investment and to create the right merchandise in the right locations.
About 3 percent of the world's total real estate value, which is accounted to USD 5.3 trillion, is possessed by UHNWIs.
The report also said that the UHNWI’s population is around 0.003 per cent of the world’s populace and has property holdings that are valued in an average of USD 26.5 million each.
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