Share of luxury branded residential real estate projects worldwide 2023, by region
When it comes to luxury branded real estate projects worldwide, North America was the largest market in 2023. The source defines this type of real estate as residential properties associated with an established brand. Nearly 40 percent of the projects in operation or in the development pipeline were in North America. The Asia-Pacific region came next at about 20 percent, while the European region accounted for over 12 percent of the projects. The Middle East and Latin America both represented around 10 percent, with Africa and the Caribbean region also contributing approximately four percent each.