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A low-interest-rate environment and the desire to relocate to bigger and better locations have fostered high demand in the real estate sector over the past year. The global real estate market is expected to reach $3717.03 billion by 2025, growing at an 8% CAGR.
Investors’ interest in growth stocks is evident in the S&P SPDR 500 Growth ETF’s (SPYG) 21.5% return so far this year. Hence, as investors remain focused on growth stocks that can offer substantial returns this year and beyond, major real estate players CBRE Group Inc. (NYSE:CBRE) and Jones Lang LaSalle Incorporated (JLL), with solid growth potential, could be wise bets now.
