Global Real Estate Management and Development Potentially Undervalued Companies

CNQC International Holdings

Market Cap: HK$262.9m

An investment holding company, operates as a property developer and contractor.

Thang Long Investment Group

Market Cap: ₫1.2t

Operates as an investment and project development company in Vietnam.

Top Spring International Holdings

Market Cap: HK$481.7m

An investment holding company, operates as a real estate property developer in the People's Republic of China.

Talent Property Group

Market Cap: HK$76.2m

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

Hang Lung Group

Market Cap: HK$14.9b

An investment holding company, operates as a property developer in Hong Kong and Mainland China.

Puradelta Lestari

Market Cap: US$8.6t

Engages in the development, management, operation, lease, and sale of residential, commercial, industrial real estate properties in Indonesia.

Lendlease Group

Market Cap: AU$3.5b

Operates as an integrated real estate and investment company in Australia, Asia, Europe, and the Americas.

Khang Dien House Trading and Investment

Market Cap: ₫26.6t

Engages in real estate business in Vietnam.

Beijing North Star

Market Cap: HK$5.2b

Engages in the investment and development of real estate properties in the People's Republic of China.

Plenitude Berhad

Market Cap: RM 515.1m

An investment holding company, engages in real estate development business in Malaysia.

Impact Developer & Contractor

Market Cap: RON 442.2m

Operates as a real estate developer in Romania.

Harworth Group

Market Cap: UK£573.7m

Operates as a land and property regeneration company in the North of England and the Midlands.

Urbanfund

Market Cap: CA$43.5m

Owns, develops, and operates a real estate portfolio for residential and commercial properties in Canada.

Sunac Services Holdings

Market Cap: €5.4b

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

AMREP

Market Cap: US$123.6m

Through its subsidiaries, engages in the real estate business in the United States.

Far Property

Market Cap: P853.4m

Engages in the property rental and asset management businesses Botswana, South Africa and Zambia.

Jingrui Holdings

Market Cap: €20.0m

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

Agung Podomoro Land

Market Cap: €2.1t

Owns, develops, and manages retail, commercial, and residential real estate properties in Indonesia.

Olav Thon Eiendomsselskap

Market Cap: €26.0b

Engages in the property rental business in Norway and Sweden.

JAS Asset

Market Cap: ฿1.3b

Provides rental and related services in Thailand.

Patrimonio Autónomo Estrategias Inmobiliarias (3-2-4241)

Market Cap: Col$3.1t

Patrimonio Autónomo Estrategias Inmobiliarias (3-2-4241) is the investment arm of Terranum Inversión.

China New City Group

Market Cap: €1.4b

An investment holding company, engages in the commercial property development, leasing, and hotel operations in Mainland China and internationally.

Five Point Holdings

Market Cap: €809.7m

Designs, owns, and develops mixed-use planned communities in Orange County, Los Angeles County, and San Francisco County.

Sveafastigheter

Market Cap: SEK 6.5b

A real estate company, owns, manages, and builds residential properties in Sweden.

BENO Holding

Market Cap: €27.1m

Through its subsidiaries, engages in the rental of real estate properties for medium-sized companies in Germany.

Develia

Market Cap: zł3.4b

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

Capelli

Market Cap: €6.7m

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

Echo Investment

Market Cap: zł2.0b

Engages in the construction, lease, and sale of office, retail, and residential buildings in Poland.

Nippon GrandeLtd

Market Cap: JP¥949.9m

Operates as a real estate development company in Japan.

Greentown Service Group

Market Cap: €13.8b

Provides residential property management services in the People's Republic of China and internationally.

Swedish Logistic Property

Market Cap: €10.0b

Engages in acquiring, developing, and managing properties in Sweden.

Regent Pacific Properties

Market Cap: CA$2.8m

Operates as a real estate development and investment company in Canada.

Mustera Property Group

Market Cap: AU$32.9m

Operates as a property investment and development company in Australia.

Fu Yu Property

Market Cap: NT$5.3b

Engages in the development, rental, and sale of residential buildings in Taiwan.

Beijing North Star

Market Cap: CN¥5.2b

Engages in the investment and development of real estate properties in the People's Republic of China.

New World Development

Market Cap: US$11.7b

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