5 most powerful real estate companies in the world
According to the Grand View Research platform, the international real estate market is expected to generate a profit of $4.26 trillion by 2025, meaning that real estate owners will get richer over time.
The real estate sector is the main supporter of any economy, because it is one of the labor-intensive sectors, and at the forefront of this sector are the fund companies operating in the sector.
Corona pandemic severely affected it in most countries, and many owners and tenants were forced to make adjustments to their business operations, in line with movement restrictions, and some real estate companies became dependent on various activities.
This led to the exclusion of some companies and real estate funds from the "Global 2000" list issued by "Forbes".
North American continent dominated the top five positions in the ranking of the largest real estate companies in the world, and despite the American domination of the economy, the United States of America was not at the top of the ranking.
North American continent dominated the top five positions in the ranking of the largest real estate companies in the world, and despite the American domination of the economy, the United States of America was not at the top of the ranking.
International real estate market
According to the Grand View Research platform, the international real estate market is expected to generate a profit of $4.26 trillion by 2025, meaning that real estate owners will get richer over time.
Canadian “Brookfield”
The Canadian multinational, Brookfield, topped the ranking, with assets under management of $688 billion and a market capitalization of $69.7 billion.
“American Tower”
The American Tower Corporation came in the middle of the ranking, with a market capitalization of $110.6 billion, and the company recorded profits during the third quarter of last year of $2.7 billion, and the company’s shares trade within the components of the S&P 500 index.
“American Prologis”
In the third place in the ranking of public real estate companies in the world, the American company Prologis, with an asset size of $ 56.1 billion, and a market value of $ 84.2 billion.
The company owns and develops industrial real estate and focuses on global and regional markets across the Americas, Europe and Asia.
The Company also leases state-of-the-art distribution facilities to clients, including manufacturers, retailers, transportation companies, third-party logistics service providers, and other institutions.
“Crown Castle” International
In fourth place is the US company Crown Castle International, which owns, operates and leases towers and other wireless infrastructure, and operates and provides wireless coverage and infrastructure sites in the United States and Australia.
The company has a market capitalization of $77.6 billion and assets under management of $38.8 billion.
“Simon real estate”
Simon Property Group grabbed the fifth position, with a market capitalization of $38.4 billion and assets under management of $34.8 billion.
Located in the American Midwest, the company owns, develops and operates retail properties including regional shopping malls, retail centers and community centers. Simon Property Group is targeting international lifestyle and real estate.