Global real estate, valued at $393.3 trillion at the start of 2025, remains the world’s largest store of wealth, far surpassing equities, debt, and even goldGlobal real estate continues to hold its place as the world’s largest store of wealth, according to a report by Savills. For ultra-high-net-worth investors, real estate remains a cornerstone of stable wealth in 2025. Prime real estate offers exposure to an asset class far larger and more tangible than any other. The total value of global real estate has also kept pace with global GDP growth since 2019. Long-term real estate’s position as the world’s most valuable asset class looks set to remain.’China is the world’s largest real estate market, representing 23.5% of global value, followed by the United States at 20.7%.