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Delivering on construction productivity is no longer optional

McKinsey examines why the construction industry remains stuck in a long-running productivity rut and why closing the gap is now essential amid labor shortages and rising demand. It lays out the levers, including digitization and industrialized construction, that could finally lift sector productivity.

HomebuildersEconomyGlobal
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Real estate builds on new terrain (Global private markets in real estate)

The real estate chapter of McKinsey's Global Private Markets Report analyzes how private real estate is evolving through 2026, from sector rotations to shifting risk-return profiles, ESG demands, and institutional capital flows. It documents that operationally hands-on investors now control a growing share of real estate AUM.

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How agentic AI can reshape real estate's operating model

McKinsey examines how agentic AI can automate multistep workflows across property management, leasing, and other core real estate functions, enabling humans to work in partnership with autonomous AI agents. It frames agentic AI as the next wave beyond earlier generative-AI applications in the sector.

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Beyond compute: Infrastructure that powers and cools AI data centers

McKinsey examines the power and cooling equipment that forms the backbone of data center infrastructure, arguing that as AI data center demand grows, innovation and on-time supply of this technology will become increasingly critical. The piece looks at the industrial supply chain enabling AI capacity.

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The data center balance: How US states can navigate the opportunities and challenges

McKinsey analyzes why hyperscale data centers are expanding rapidly across the United States and why they represent a major new investment opportunity for states. It weighs the economic upside against challenges such as power demand and infrastructure constraints.

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The cost of compute: A $7 trillion race to scale data centers

McKinsey projects that data centers could require roughly $6.7 trillion of capital investment worldwide by 2030 to keep pace with demand for compute, with about $5.2 trillion of that for AI-capable facilities. It breaks down the spend across chip and hardware developers, power and cooling suppliers, and builders.

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The state of demand for commercial real estate

This interview with McKinsey senior partner Aditya Sanghvi examines where office attendance stands today and the growing opportunity for commercial real estate to adapt to new ways of working. It revisits demand projections from the firm's earlier hybrid-work research.

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