German Real Estate Management and Development Potentially Undervalued Companies

UBM Development

Market Cap: €149.4m

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

China Resources Land

Market Cap: €205.7b

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

Ciputra Development

Market Cap: €17.4t

Develops and sells real estate properties in Indonesia.

Shimao Group Holdings

Market Cap: €3.1b

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

New World Development

Market Cap: €14.2b

An investment holding company, operates in the property development and investment business in Hong Kong and Mainland China.

Daito Trust ConstructionLtd

Market Cap: €1.0t

Designs, constructs, and rents apartments and condominiums in Japan.

Samhällsbyggnadsbolaget i Norden

Market Cap: €9.6b

Owns, develops, and manages residential and social infrastructure properties in Sweden, Norway, Finland, and Denmark.

Aroundtown

Market Cap: €3.4b

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

Anywhere Real Estate

Market Cap: €447.2m

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

Aedas Homes

Market Cap: €933.2m

Engages in the development of residential properties in Spain.

Sunac China Holdings

Market Cap: €18.7b

Engages in property development and investment.

CIFI Holdings (Group)

Market Cap: €3.0b

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

Yanlord Land Group

Market Cap: €1.1b

Yanlord is a real estate developer focusing on developing high-end fully-fitted residential, commercial and integrated property projects in strategically selected key and high-growth cities in the PRC and Singapore.

Branicks Group

Market Cap: €163.1m

Branicks Group AG (formerly DIC Asset AG) is a leading German listed specialist for office and logistics real estate as well as renewable assets with over 25 years of experience in the real estate market and access to a broad investor network.

Jinmao Property Services

Market Cap: €2.8b

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

Longfor Group Holdings

Market Cap: €70.6b

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.

Branicks Group

Market Cap: €163.1m

Branicks Group AG (formerly DIC Asset AG) is a leading German listed specialist for office and logistics real estate as well as renewable assets with over 25 years of experience in the real estate market and access to a broad investor network.

VIB Vermögen

Market Cap: €238.0m

Engages in the development, acquisition, and management of commercial real estate properties in Germany.

Murapol

Market Cap: €1.7b

Engages in residential real estate development in Poland.

eXp World Holdings

Market Cap: €1.5b

Provides cloud-based real estate brokerage services for residential homeowners and homebuyers.

Calgro M3 Holdings

Market Cap: €476.5m

Develops and manages integrated residential properties in South Africa.

Aroundtown

Market Cap: €3.4b

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

Country Garden Services Holdings

Market Cap: €22.6b

An investment holding company, provides property management services to property owners, residents, and property developers in Mainland China.

Powerlong Real Estate Holdings

Market Cap: €1.5b

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

CTP

Market Cap: €8.7b

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

Capelli

Market Cap: €6.7m

Operates as a real estate development company in France, Switzerland, Luxembourg, and internationally.

Relo Group

Market Cap: €257.6b

Engages in the provision of property management services in Japan.

Longfor Group Holdings

Market Cap: €70.6b

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.

China Overseas Land & Investment

Market Cap: €151.3b

An investment holding company, engages in the property development, commercial property operations, and other businesses in the People’s Republic of China and the United Kingdom.

Marcus & Millichap

Market Cap: €1.2b

An investment brokerage company, provides real estate investment brokerage and financing services to sellers and buyers of commercial real estate in the United States and Canada.

UOL Group

Market Cap: €5.8b

UOL Group Limited (UOL) is a leading Singapore-listed property and hospitality group with total assets of about $23 billion.

Pakuwon Jati

Market Cap: €17.3t

Operates as a real estate developer in Indonesia.

Far East Consortium International

Market Cap: €2.4b

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

Leopalace21

Market Cap: €29.6b

Engages in the construction, leasing, and sale of apartments, condominiums, and residential housing in Japan.

Supalai

Market Cap: €29.2b

Engages in the property development business in Thailand and Australia.

China Resources Land

Market Cap: €205.7b

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