Global Real Estate Management and Development Potentially Undervalued Companies

Capelli

Market Cap: €6.7m

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

KWG Living Group Holdings

Market Cap: HK$1.5b

An investment holding company, provides various residential and non-residential property management services in the People’s Republic of China.

Midea Real Estate Holding

Market Cap: HK$5.7b

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

Origin Property

Market Cap: ฿5.0b

Engages in property development in Thailand.

Powerlong Commercial Management Holdings

Market Cap: HK$1.4b

Provides commercial operational and residential property management services in the People’s Republic of China.

China Overseas Property Holdings

Market Cap: HK$17.3b

An investment holding company, provides property management services in Hong Kong, Macau, and Mainland China.

Pinthong Industrial Park

Market Cap: ฿7.6b

Engages in the industrial real estate projects development and building rental activities in Thailand.

Shenzhen Investment

Market Cap: HK$7.0b

An investment holding company, invests in, develops, and manages real estate properties in Mainland China.

China Overseas Land & Investment

Market Cap: HK$156.7b

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

Puravankara

Market Cap: ₹58.4b

Designs, develops, constructs, and markets residential and commercial properties in India.

New World Development

Market Cap: HK$12.1b

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

CIFI Holdings (Group)

Market Cap: HK$2.6b

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

CapitaLand India Trust

Market Cap: S$1.3b

CapitaLand India Trust (CLINT) was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in August 2007 as the first Indian property trust in Asia.

Shimao Services Holdings

Market Cap: €2.1b

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

Crowell Development

Market Cap: NT$14.8b

Engages in the construction of commercial and residential buildings for rental and sale in Taiwan.

Vinhomes

Market Cap: ₫255.9t

Develops and sells real estate properties in Vietnam.

Sansiri

Market Cap: ฿24.4b

Engages in the property development business in Thailand.

China Overseas Land & Investment

Market Cap: €156.7b

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

Midea Real Estate Holding

Market Cap: €5.7b

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

Leopalace21

Market Cap: €183.9b

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

Calgro M3 Holdings

Market Cap: R494.7m

Together with its subsidiary, develops integrated residential properties in South Africa.

Branicks Group

Market Cap: €162.5m

Branicks Group AG (formerly DIC Asset AG) is Germany’s leading listed specialist for office and logistics real estate with 25 years of experience on the real estate market and with access to a broad-based network of investors.

NexLiving Communities

Market Cap: €55.9m

Owns and manages multi-unit residential real estate properties in Canada.

Supalai

Market Cap: €32.0b

Engages in the property development business in Thailand and Australia.

UOL Group

Market Cap: US$4.9b

Engages in the property and hospitality operations in Singapore, Australia, the United Kingdom, China, Malaysia, Indonesia, Thailand, Vietnam, Myanmar, Cambodia, Bangladesh, Japan, the United States, Canada, and Kenya.

RMR Group

Market Cap: €471.3m

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

Anywhere Real Estate

Market Cap: US$355.5m

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

ENA

Market Cap: €6.4m

Engages in the administration and accounting management of condominiums.

Peach Property Group

Market Cap: CHF 280.1m

Engages in investment and development of residential real estate properties in Germany and Switzerland.

UOL Group

Market Cap: €4.9b

Engages in the property and hospitality operations in Singapore, Australia, the United Kingdom, China, Malaysia, Indonesia, Thailand, Vietnam, Myanmar, Cambodia, Bangladesh, Japan, the United States, Canada, and Kenya.

Longfor Group Holdings

Market Cap: €74.2b

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

VGP

Market Cap: €2.1b

Develops, owns, and manages logistics and semi-industrial real estate, and ancillary offices.

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.

Shenzhen Overseas Chinese TownLtd

Market Cap: CN¥19.7b

Engages in the investment and operation of theme parks, hotels, and real estate properties in China.

S-Enjoy Service Group

Market Cap: HK$2.4b

An investment holding company, provides property management and related value-added services for property developers in the People’s Republic of China.

Central China Management

Market Cap: HK$425.2m

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