Austrian Real Estate Potentially Undervalued Companies

Prologis

Market Cap: €92.9b

Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets.

Simon Property Group

Market Cap: €56.3b

Simon Property Group, Inc. (NYSE:SPG) is a self-administered and self-managed real estate investment trust (“REIT”).

Crown Castle

Market Cap: €43.8b

Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 90,000 route miles of fiber supporting small cells and fiber solutions across every major U.S.

Gecina

Market Cap: €6.6b

As a specialist for centrality and uses, Gecina operates innovative and sustainable living spaces.

Unibail-Rodamco-Westfield

Market Cap: €10.0b

Unibail-Rodamco-Westfield is an owner, developer and operator of sustainable, high-quality real estate assets in the most dynamic cities in Europe and the United States.

Equinix

Market Cap: €77.0b

Equinix (Nasdaq: EQIX) is the world's digital infrastructure company.

AvalonBay Communities

Market Cap: €28.5b

A member of the S&P 500, is an equity REIT that develops, redevelops, acquires and manages apartment communities in leading metropolitan areas in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California, as well as in the Company's expansion regions of Raleigh-Durham and Charlotte, North Carolina, Southeast Florida, Dallas and Austin, Texas, and Denver, Colorado.

Hamborner REIT

Market Cap: €500.3m

HAMBORNER REIT AG a public company listed in the SDAX that operates exclusively in the property sector and is positioned as a portfolio holder for high-yield commercial properties.

Inmobiliaria Colonial SOCIMI

Market Cap: €3.4b

Grupo Colonial is a listed SOCIMI on the Spanish stock exchange and a leader in the prime office market in Europe, present in the main business areas of Barcelona, Madrid and Paris with a prime office portfolio of almost 1.5 million m2 and a value of assets under management of more than €11,000m.

alstria office REIT-AG

Market Cap: €964.2m

alstria office REIT AG is the leading real-estate operator focusing solely on German office property in selected German markets.

American Tower

Market Cap: €102.1b

American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of nearly 149,000 communications sites and a highly interconnected footprint of U.S.

MERLIN Properties SOCIMI

Market Cap: €5.4b

MERLIN Properties SOCIMI, S.A. (MC:MRL) is the largest real estate company trading on the Spanish Stock Exchange.