German Real Estate Management and Development Potentially Undervalued Companies

China Resources Land

Market Cap: €200.1b

An investment holding company, engages in the investment, development, management, and sale of properties in the People’s Republic of China.

UBM Development

Market Cap: €178.1m

Engages in the development, management, and sale of real estate properties in Germany, Austria, Poland, and internationally.

Murapol

Market Cap: €1.5b

Engages in residential real estate development buisness in Poland.

CTP

Market Cap: €8.7b

Develops, owns, operates, and leases commercial real estate properties in Western Europe and Central and Eastern Europe.

Longfor Group Holdings

Market Cap: €67.7b

An investment holding company, engages in the property development, commercial investment, asset management, property management, and smart construction businesses in the People’s Republic of China.

Relo Group

Market Cap: €248.1b

Engages in the provision of property management services in Japan.

Midea Real Estate Holding

Market Cap: €6.8b

An investment holding company, provides property management services in the People’s Republic of China.

Real Brokerage

Market Cap: €731.9m

Operates as a real estate technology company in the United States and Canada.

Ciputra Development

Market Cap: €16.4t

Develops and sells real estate properties in Indonesia.

Shimao Group Holdings

Market Cap: €2.4b

An investment holding company, engages in the property development and investment business in the People’s Republic of China.

Summarecon Agung

Market Cap: €6.5t

PT Summarecon Agung Tbk constructs and develops real estate properties in Indonesia.

Greentown China Holdings

Market Cap: €21.1b

Engages in the development for sale of residential properties in the People’s Republic of China.

Aroundtown

Market Cap: €3.4b

Operates as a real estate company in Germany, the Netherlands, the United Kingdom, Belgium, and internationally.

Daiwa House Industry

Market Cap: €3.2t

Engages in the construction work business in Japan, the United States, and internationally.

Jinmao Property Services

Market Cap: €2.5b

An investment holding company, provides property management services in the People’s Republic of China.

Branicks Group

Market Cap: €163.8m

Branicks Group AG is Germany’s leading listed specialist for commercial real estate, with more than 25 years of experience in the property market and access to a broad network of investors.

Anywhere Real Estate

Market Cap: €1.1b

Through its subsidiaries, provides residential real estate services in the United States and internationally.

CIFI Holdings (Group)

Market Cap: €2.4b

Engages in the property development and investment business in the People’s Republic of China.

Sunac China Holdings

Market Cap: €16.7b

Engages in property development and investment.

A-Living Smart City Services

Market Cap: €3.5b

Provides property management, sale, and inspection services in the People’s Republic of China.

Aedas Homes

Market Cap: €920.2m

Engages in the development of residential properties in Spain.

Aroundtown

Market Cap: €3.4b

Operates as a real estate company in Germany, the Netherlands, the United Kingdom, Belgium, and internationally.

Longfor Group Holdings

Market Cap: €67.7b

An investment holding company, engages in the property development, commercial investment, asset management, property management, and smart construction businesses in the People’s Republic of China.

Citycon Oyj

Market Cap: €540.8m

A real estate investment company, owns and develops mixed-use centers in Finland, Norway, Sweden, Denmark, and Estonia.

Branicks Group

Market Cap: €163.8m

Branicks Group AG is Germany’s leading listed specialist for commercial real estate, with more than 25 years of experience in the property market and access to a broad network of investors.

Powerlong Real Estate Holdings

Market Cap: €1.1b

An investment holding company, invests in, develops, operates, and manages commercial real estate projects in the People’s Republic of China.

Far East Consortium International

Market Cap: €2.3b

Engages in property development activities in the People’s Republic of China, Hong Kong, Malaysia, Singapore, Australia, New Zealand, the United Kingdom, the Czech Republic, and rest of Europe.

Immobel

Market Cap: €253.6m

Engages in the real estate development business in Belgium, France, Luxembourg, Germany, Poland, Spain, and the United Kingdom.

RMR Group

Market Cap: €467.2m

Through its subsidiary, The RMR Group LLC, provides asset management services in the United States.

Shimao Services Holdings

Market Cap: €1.6b

An investment holding company, provides property management and city services in the People’s Republic of China.

Develia

Market Cap: €3.8b

Through its subsidiaries, buys, develops, rents, manages, and sells real estate properties in Poland.

China Resources Land

Market Cap: €200.1b

An investment holding company, engages in the investment, development, management, and sale of properties in the People’s Republic of China.

Parkit Enterprise

Market Cap: €120.8m

Parkit Enterprise is an industrial real estate platform focused on the acquisition, growth and management of strategically located industrial properties across key urban markets in Canada.

Shun Tak Holdings

Market Cap: €2.2b

An investment holding company, engages in the property, transportation, hospitality and leisure, and investment businesses in Hong Kong, Macau, the People's Republic of China, Singapore, and internationally.

KWG Group Holdings

Market Cap: €888.9m

Engages in the property development and investment, and hotel operation businesses in Mainland China and Hong Kong.

Foxtons Group

Market Cap: €163.2m

An estate agency, provides services to the residential property market in the United Kingdom.