Largest Real Estate Companies in the World

The real estate sector can be very lucrative, especially when driven by escalating demand for places to live, work, play and shop. Enterprises world-wide actively acquire, dispose of, and manage real estate assets. This article will look at the world’s largest real estate companies.

Real estate activities, ranging from development to investment, are influenced by demographics, economics, policies, technology, and societal trends. As economies grow, so does the demand for real estate, but the opposite is also true. Mastering the real estate industry requires a keen sense of strategic anticipation and the ability to adapt dynamically.

According to Grand View Research, the worldwide real estate market attained a valuation of USD 3.69 trillion in 2021 and is projected to grow at a compound annual growth rate (CAGR) of 5.2% from 2022 to 2030. The market is anticipated to experience exponential growth throughout the forecast period due to increasing population trends and the demand for residential properties. Additionally, as of 2021, commercial real estate was identified as the primary driver fueling industry expansion.

Factors Driving Growth in the Real Estate Sector

The real estate sector is experiencing growth due to various factors. Demographic trends, economic factors, technological advancements, government policies, infrastructure development, and investor confidence are key growth drivers. Population growth, urbanisation, and changes in household composition are some of the demographic trends that have impacted the sector.

Economic factors such as GDP growth, employment rates, and income levels have played a crucial role. Technological advancements have brought about changes in property development, management and operations, and marketing. Government policies and regulations affecting land use, zoning, and incentives for real estate investment always impact the sector. Infrastructure development and transportation improvements enhance property accessibility, and thus, value. Finally, investor confidence and capital availability influence market liquidity and asset prices.

Successful real estate companies exemplify excellence in asset management, operational performance, and strategic vision. The last, strategic vision, is a requirement in any industry, but in real estate it needs a keen eye. Top real estate companies typically include a mix of publicly traded real estate investment trusts (REITs), property developers, asset managers, and diversified real estate conglomerates. These companies exhibit strong fundamentals, exceptional asset portfolios, and strategic positioning across real estate markets.
We have ranked the biggest real estate companies by market capitalisation, a vital metric for evaluating a company’s valuation, investor sentiment, and growth prospects in the context of prevailing market conditions.

Largest Real Estate Companies in the World

Mitsubishi Estate Co., Ltd.
Market Cap (intraday): $3.07 Trillion
Mitsubishi Estate Co., Ltd. is a prominent figure in the Japanese real estate sector, renowned for its engagement in property management, architectural exploration, and design. Its real estate portfolio, identified as the most valuable in Japan as of 2018, underscores its notable standing within the industry. The company’s influence extends notably across Marunouchi, Tokyo, affirming its leadership within the Japanese market.

CBRE Group, Inc.
Market Cap (intraday): $28.17 Billion
CBRE Group, Inc. stands out as a prominent figure in commercial real estate services and investments on a global scale. With its expansive reach across different sectors and geographical regions, the company specialises in delivering tailored solutions to meet diverse client needs. Supported by a team of 500 global researchers, CBRE furnishes invaluable market insights and research, enabling the creation of practical real estate strategies for clients of varying scales. The market cap for the company stands at $28.17 billion, while its enterprise value amounts to $31.73 billion.

New World Development Company Limited
Market Cap (intraday): $22.07 Billion
New World Development Company Limited, established in 1970 by Cheng Yu-tung, is a conglomerate headquartered in Hong Kong interested in property, hotels, infrastructure, services, and department stores. Listed on the Stock Exchange of Hong Kong, it is a component of the Hang Seng Index. The company maintains substantial investments in Mainland China, amounting to over US$16.5 billion across multiple provinces and municipalities. New World Development Company Limited’s market cap is $22.07 billion, while its enterprise value is $148.87 billion.

Brookfield Asset Management Inc.
Market Cap (intraday): $16.23 Billion
Brookfield Asset Management Inc. is a Canadian multinational firm recognized as one of the world’s largest alternative investment managers, with an enterprise value of $16.41 billion. It operates across real estate, infrastructure, private equity, and renewable power sectors, prioritizing long-term impact and value-driven investments. Brookfield collaborates with governments and businesses to achieve decarbonization objectives, invests in critical infrastructure, acquires quality businesses, manages iconic properties, and offers innovative capital solutions to insurance companies and stakeholders.

Jones Lang LaSalle Incorporated (JLL)
Market Cap (intraday): $9.08 Billion
Jones Lang LaSalle Incorporated (JLL) is a renowned global entity within the real estate services sector. It originated in the United Kingdom and boasts a widespread presence across 80 nations. With its primary headquarters in Chicago, Illinois, JLL is a multifaceted corporation offering various services, including investment management, asset management, sales and leasing, property management, project management, development, and property technology. As of December 2022, the company sustains a workforce exceeding 103,000 dedicated employees.