The British magazine Estates Gazette published the list of the 100 largest real estate companies worldwide. Dominating the list are companies from the USA and China, while German cities failed to make the top 20.The world’s largest real estate investor is Brookfield Asset Management of Canada, with assets of $129.5bn (including assets managed for third parties). It’s followed by Blackstone ($94bn), TIAA-CREF ($89bn) and Hines ($87bn). CBRE Global Investors slipped from second place to sixth with $86bn.
The largest German real estate company is Deutsche-Bank-Tochter Deutsche Asset & Wealth Management (DAWM) with real estate assets of $51.1bn. It managed 21st on the list. It was followed by a newcomer to the list, Union Investment, which had $33.2bn. Deka managed a ranking of 54 with assets of $24.5bn.
