Top 10 real estate companies in the world
Introduction – Top 10 Real Estate Companies in the World
The real estate industry is a big business that generates hundreds of billions of dollars of revenue annually. And there are plenty of opportunities for investors to make a profit from the $4.5 trillion industry. The real estate industry includes many aspects of a property. It includes all the development, valuation, marketing, sale, leasing, and management of commercial, industrial, residential, and even agricultural properties.
Today, the real estate industry is one of the most highly profitable sectors of the U.S. economy. And it continues to provide opportunities for interested and motivated investors.
Global real estate firms rebounded in 2021, as the panic of the pandemic’s early days appears to have cooled. A check on The Global 2000, Forbes’ annual ranking of the world’s largest and most impactful public companies, show that more than 80% of real estate firms on the list saw their stocks go up compared to 2020’s list.
For the fourth straight year, Brookfield Asset Management took the top spot on the rankings but who else made the list of the top 10 real estate companies in the world?
Criteria for Ranking – Top 10 Real Estate Companies in the World
The Global 2000 is a Forbes initiative. It assembles companies globally based on four equally weighted criteria. The criteria are:
- Total revenue
- Total assets
- Market valuation.
In 2021 assembling, 31 companies that primarily makes their money from real estate made the list.
Exceptions –Top 10 Real Estate Companies in the World
Forbes said the report excludes such firms as Blackstone, which holds a global real estate portfolio it last valued at nearly $400 billion, but which also invests in other kinds of assets. Forbes also omitted construction firms in the list. So the primary focus is on companies that operate in the more traditional real estate sphere of investment trust, building, buying, leasing and selling of properties.
Top 10 Real Estate Companies in the World
Below are the list of top 10 real estates companies in the world – 2021 ranking.
1) Brookfield Asset Management | Canada
Sales: $63.400 billion
Profit: -$175.86 million
Assets: $343.696 billion
Market value: $69.673 billion
2) American Tower Corporation | United States
Sales: $69.673 billion
Profit: $69.674 million
Assets: $47.234 billion
Market value: $110.578 billion
3) Prologis | United States
Sales: $4.439 billion
Profit: $1.482 billion
Assets: $56.065 billion
Market value: $84.233 billion
4) Crown Castle International | United States
Sales: $5.840 billion
Profit: $1.056 billion
Assets: $38.768 billion
Market value: $77.629 billion
5) Simon Property Group | United States
Sales: $4.608 billion
Profit: $1.228 billion
Assets: $34.787 billion
Market value: $38.438 billion
6) Weyerhaeuser Company | United States
Sales: $7.532 billion
Profit: $797 million
Assets: $16.311 billion
Market value: $29.441 billion
7) Equinix | United States
Sales: $5.976 billion
Profit: $369.78 million
Assets: $27.006 billion
Market value: $63.431 billion
8) Equity Residential | United States
Sales: $2.539 billion
Profit: $879.40 million
Assets: $20.287 billion
Market value: $27.063 billion
9) Public Storage | United States
Sales: $2.905 billion
Profit: $1.354 billion
Assets: $11.817 billion
Market value: $46.634 billion
10) Alexandria Real Estate Equities | United States
Sales: $1.876 billion
Profit: $758.69 million
Assets: $22.828 billion
Market value: $24.010 billion
As you can see, the top 10 real estate companies in the world is dominated by US firms. But ironically the number spot does not go to the US. This shows how well Canadian Brookfield has done in the industry. Amazingly they have been consistent over the years despite been almost the youngest of all the companies in the top 10.
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