PUBLISHER: GlobalData | PRODUCT CODE: 2005405
PUBLISHER: GlobalData | PRODUCT CODE: 2005405
This report provides a detailed analysis of office buildings construction projects globally, based on projects tracked by GlobalData.
GlobalData is currently monitoring an office building project pipeline valued at $782.2 billion. Of this total, 75.4% ($589.9 billion) are in pre-execution and execution stages, while the remaining 24.6% ($192.3 billion) are in the pre-planning and planning stages. Western Europe holds the largest regional share at 22.9%, followed by North-East Asia (22%), North America (21.3%), the Middle East and North Africa (9.8%), and South-East Asia (6.4%). If all projects proceed as scheduled, annual spending on office construction is projected to increase from $103.1 billion in 2025 to $136.9 billion in 2026, and further to $150.1 billion in 2027.