The world top 10 real estate company in 2021. You can invest money in them or buy properties from them
Simon Property Group is an American commercial real estate company with a gross leasable area of 241 million square feet in 325 properties in just North America and Asia. It is also the largest retail REIT with a market capitalization of 55 billion dollars. Simon Property Group is also the largest shopping mall operator in the US, with a global annual sales volume of 5.6 billion dollars and a profit of 2.5 billion dollars. It ranked #3 on Forbes’ list.
2. CBRE Group
CBRE Group is the world’s largest commercial real estate firm, with a revenue of 21.34 billion
dollars for the year ended 2018-19. For the end of that fiscal year, Forbes has ranked it 143 on its list of Fortune 500 companies. It has been on that list every year since 2008. CBRE Group Inc serves more than 90 of the top 100 companies on Forbes’ Fortune 500 companies list. For the fiscal year 2018-19, it had 90000 employees and had a market capitalization of 21.4 billion dollars. On NYSE, it had a 52-week high of 65 and a 52-week low of 45 dollars.
Cushman and Wakefield PLC is among the top commercial real estate companies in the world, operating more than 3.6 billion square feet of office space. For the year 2018, it had a revenue of 8.2 billion dollars and has a labor strength of 51000 employees. In 2015, DTZ and Cushman & Wakefield merged and continued operating under Cushman & Wakefield brand only. In spite of having such high margins, its market cap is only 4.3 billion dollars.
JLL is the world’s second-largest commercial real estate company in the world. It is ranked 189th on Forbes’ Fortune 500 companies list. In addition to the real estate business, it also provides property and asset management, facility management, capital markets, advisory and consulting services. For the year 2018-19, it had a revenue of 16 billion dollars and a net profit of 491 million dollars. Its liabilities are one reason its market cap is 9.2 billion dollars. As of 2019, it operates in 80 countries and an employee strength of 91000.
Newer companies started employing disruptive technology on a more micro-scale to cater to the residential real estate problem. While the presence of these companies is localized to their headquarters, they have received impressive valuations in their first and second rounds of valuation. Homie, founded in Utah, is one such company that raised 23 million dollars in series B funding.
Houwzer is another such company which has raised 9.5 million dollars in private financing. It had a radical business model that focussed on paying its employees in salaries rather than as a percentage of the total sale value made.
American Tower Company, or ATC as it is commonly called, is a real estate investment trust that deals in communication towers. It primarily leases spaces, builds communication towers, and then sells the place on top of the tower to tenants. It had an annual sale volume of 7 billion dollars and a market cap of 85 billion dollars. It ranked 410 on Forbes’ Fortune 500 companies list and 3rd on Forbes’ global 2000 list in the field of real estate
Short for Real Estate Maximus, RE/Max is a global commercial real estate company operating in more than 100 countries with 6800 offices and 100000 agents. Until 2013, it held the #1 position for market share in the US and Canada. It operates on a franchise model, and by the end of 2018-19, it had 3000 employees and 13 billion dollars in sales volume. With a profit of 265 million, it had a market valuation of 700 million dollars.
Equity Residential is the 3rd largest apartment owner in the United States and the 9th largest apartment manager in North America. It had interests in 307 properties, with a total of 79500 apartments by the end of the third quarter in 2018-19. It had profits of 2.56 billion dollars and a market capitalization of 27.71 billion dollars towards the end of 2018-19. It ranked 18th on Forbes’ Global 2000 list.
10. Vornado Realty
Vornado Realty Trust is a real estate investment trust company that primarily invests in office buildings and street retail in North America. As a REIT, it had an impressive performance with an average PE ratio trail of 4.2. It had a market capitalization of 17.6 billion dollars and a share price of 66.17 dollars, making it an attractive REIT for investment towards the end of the second quarter in 2019. It primarily deals in the metropolitan New York area. In the fourth quarter of 2019-20, it declared a dividend of 0.81 dollars for series A equity shares. It had an impressive profit of 2.3 billion dollars for a company dealing in a primarily localized area.