The market for residential complexes is set to grow by 55% by 2026 globally

15-07-23

Branded Residences, or residential complexes - in most cases - managed by international hotel operators, is a market that is growing steadily at a global level.

The Global Branded Residences Report 2023 prepared by the consultancy firm Knight Frank examines 324 projects with more than 26,000 residential units in 52 countries and monitors the portfolios of 15 leading operators in the segment, identifying 186 active projects worldwide. More projects? The firm expects 32 more this year; 23 in 2024; 26 in 2025 and 22 in 2026, plus another 35 that are in the design process, with no confirmed launch date.

The number of new projects - with a planned date - will represent an annual growth rate of 12% until 2026 or, in other words, 55% cumulative growth until 2026.