The Role of Real Estate and Investment in Advancing Sustainable Development:A Century of Bibliometric Analysis

Abstract

The intersection of real estate and investment is a critical area of research for academic institutions due to its significant impact on promoting sustainable development and enhancing economic resilience. Through the use of Scopus and Web of Science (WoS), this study aims to analyse the publication patterns prevalent in the disciplines of real estate and investment studies. In order to explore the development of scholarship in the disciplines of real estate and investing, this study uses bibliometric analytical methodologies that employ bibliometric analysis tools, specifically ScientoPy and VOSviewer, to investigate the progression of real estate and investment studies. The classification of document types, the identification of source titles, the study of publications that are frequently cited, and the mapping of developing research themes are all included in this method. Additionally, various institutions’ contributions are considered and based on a thorough dataset of 10,861 entries from Scopus and 6848 WoS, from early 1907 to 2024, which emerged as the year with the highest number of publications. The results showed that it reached after eliminating duplicate records from the previous year. Publication Journal of Real Estate Finance and Economics Sustainability is the most influential in this field. Furthermore, phrases such as “real estate” “REITs” and “housing” have been increasingly commonplace in conversations that have taken place in recent times. In VOSviewer, the overlay visualisation highlights significant trends in adopting sustainability in real estate and investment, indicating a change towards better practices that are more environmentally friendly and innovative in the real estate industry. The current research landscape around the globe is evaluated comprehensively by employing this bibliometric analysis. This study’s findings aim to improve and offer significant insights into the change in real estate and investment strategies concerning Sustainable Development Goals (SDGs) to strengthen the theoretical and method groundwork for future research endeavours; the results of this study are intended to reinforce the foundation. As a result of this breakthrough, academics, policymakers, and investors will be provided with crucial information, making it easier for them to make educated decisions that will encourage sustainable growth in the real estate and investment departments.