Market Forecast
April 24, 2025

Global Real Estate Tokenization Market to Reach $4 Trillion by 2035

Deloitte predicts the tokenized real estate market will grow from $300 billion in 2024 to $4 trillion by 2035, with a 27% compound annual growth rate.

The Deloitte Center for Financial Services has released groundbreaking projections for the real estate tokenization market, predicting exponential growth over the next decade.

Market Projections

The global market for commercial real estate tokenization is expected to expand dramatically, with US$4 trillion of real estate tokenized by 2035, increasing from less than US$0.3 trillion in 2024. This represents a compound annual growth rate (CAGR) of 27%.

Three Key Market Segments

1. Tokenized Private Real Estate Funds Expected to grow to US$1 trillion by 2035, with a total market penetration rate of 8.5%. This segment represents the greatest potential opportunity for growth.

2. Tokenized Ownership of Loans and Securitizations Could grow to US$2.39 trillion by 2035, with a total market penetration rate of 0.55%. This is expected to represent the highest share of tokenized real estate.

3. Tokenized Ownership of Undeveloped Land and Under-Construction Projects Expected to reach US$50 billion by 2035, with a total market penetration rate of 0.80%.

Key Benefits Driving Adoption

Tokenization could help build trillions of dollars of economic activity for the real estate sector by:

  • Expanding investor base and product offerings
  • Overcoming operational inefficiency challenges
  • Reducing high administrative costs
  • Increasing retail participation in real estate investment
  • Enabling fractional ownership opportunities
  • Providing enhanced liquidity through easier trading

Industry Examples

Kin Capital: Plans to launch a US$100 million real estate debt fund on Chintai blockchain in 2025, with a minimum investment of US$50,000 for qualified institutional investors globally.

Figure Technologies: Reached HELOC originations of more than US$13 billion and announced its first publicly rated, blockchain-based HELOC ABS securitization in 2023, with estimated cost savings of about US$850 per US$100,000 mortgage.

T-RIZE Group: Signed a US$300 million deal in 2024 to tokenize Project Champfleury, a 960-unit residential development in Canada.