Global Real Estate Management and Development Potentially Undervalued Companies

HIAG Immobilien Holding

Market Cap: CHF 996.1m

Provides site and project development services in Switzerland.

Intershop Holding

Market Cap: CHF 1.3b

A real estate company, focuses on the purchasing, developing, and sale of real estate in Switzerland.

Multiplan Empreendimentos Imobiliários

Market Cap: US$12.5b

Multiplan Empreendimentos Imobiliários S.A.

Corem Property Group

Market Cap: €10.9b

A real estate company, owns, manages, develops, and leases office, warehouse, logistics, and retail properties in Sweden, Denmark, and the United States.

Capelli

Market Cap: €12.6m

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

CIFI Ever Sunshine Services Group

Market Cap: HK$5.3b

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

CIFI Ever Sunshine Services Group

Market Cap: HK$5.3b

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

Soundwill Holdings

Market Cap: US$1.5b

An investment holding company, provides property development, property leasing, and provision of building management services in the People's Republic of China.

MUGEN ESTATELtd

Market Cap: JP¥51.2b

MUGEN ESTATE Co.,Ltd. purchases and resells pre-owned properties in Japan.

Hang Lung Properties

Market Cap: HK$29.6b

An investment holding company, engages in the property investment, development, and management activities in Hong Kong and Mainland China.

Summarecon Agung

Market Cap: Rp7.4t

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

Kennedy-Wilson Holdings

Market Cap: €851.9m

Operates as a real estate investment company in the United States and Europe.

Scandinavian Investment Group

Market Cap: €147.8m

Invests in real estate properties in Denmark.

Soundwill Holdings

Market Cap: HK$2.3b

An investment holding company, engages in the real estate business in Hong Kong and the People's Republic of China.

Parkit Enterprise

Market Cap: US$83.4m

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.

Beijing Properties (Holdings)

Market Cap: HK$285.7m

An investment holding company, engages in the real estate business in Mainland China.

Pansari Developers

Market Cap: ₹3.1b

Operates as a construction and real estate development company in India.

Amata Corporation

Market Cap: ฿18.5b

Engages in industrial estate development in Thailand and internationally.

China South City Holdings

Market Cap: HK$1.3b

Develops and operates integrated logistics and trade centers in the People’s Republic of China.

Richy Place 2002

Market Cap: ฿635.0m

Engages in the real estate development business in Thailand.

Parkit Enterprise

Market Cap: €83.4m

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.

China Jinmao Holdings Group

Market Cap: HK$14.7b

Engages in the property development business in Mainland China.

Société Maghrébine de Crédit-bail

Market Cap: د.م1.3b

Provides various financial services in Morocco.

Liu Chong Hing Investment

Market Cap: HK$1.6b

An investment holding company, engages in the investment, development, sale, management, and letting of properties in Hong Kong, the People’s Republic of China, the United Kingdom, and Thailand.

Shimao Services Holdings

Market Cap: HK$2.0b

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

CleanBnB

Market Cap: €10.0m

Develops, produces, and manages software and data management solutions for real estate management sector.

Investment and Industrial Development Corporation - JSC

Market Cap: ₫61.6t

Engages in the investment and development of industrial, residential, urban, and transportation infrastructure projects in Vietnam.

SkyWorld Development Berhad

Market Cap: RM 455.0m

An investment holding company, engages in the property development business in Malaysia.

Highwealth Construction

Market Cap: NT$85.4b

Engages in the development, construction, leasing, and sale of residential and commercial buildings in Taiwan.

Lushang Life Services

Market Cap: HK$204.0m

Provides property management services in the People’s Republic of China.

Munshaat Real Estate Projects Company K.S.C.P

Market Cap: د.ك56.4m

Engages in the ownership, development, sale, and purchase of real estate properties in Kuwait and internationally.

Sirius Real Estate

Market Cap: €1.4b

A real estate company, engages in the investment, development, and operation of commercial and industrial properties in Germany and the United Kingdom.

Seazen Holdings

Market Cap: CN¥28.9b

Engages in the development and sale of real estate properties in China.

Guangdong - Hong Kong Greater Bay Area Holdings

Market Cap: HK$1.6b

Develops, operates, and sells residential properties, and commercial trade and logistics centers in Mainland China.

New City Development Group

Market Cap: HK$61.5m

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

ISC Fresh Water Investment SOCIMI

Market Cap: €134.9m

Operates as a real estate investment company in Spain.