Global Real Estate Management and Development Potentially Undervalued Companies

Bengal Steel Industries

Market Cap: ₹245.0k

Engages in the steel manufacturing and fabrication, real estate, and other allied service businesses.

China Yuanbang Property Holdings

Market Cap: S$10.5m

An investment holding company, develops, manages, markets, and sells residential and commercial properties in the People's Republic of China.

VIB Vermögen

Market Cap: €229.4m

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

Fotex Holding

Market Cap: €114.5m

Through its subsidiaries, engages in the property management, manufacturing, retailing, and other business activities in Luxembourg, the Netherlands, and Hungary.

Yuexiu Property

Market Cap: US$19.8b

Develops, sells, and manages properties primarily in Mainland China and Hong Kong.

Road King Infrastructure

Market Cap: US$614.5m

An investment holding company, invests in, develops, operates, and manages property projects and toll roads in Mainland China and Hong Kong.

Guangdong Land Holdings

Market Cap: US$419.3m

An investment holding company, develops and invests in properties primarily in Mainland China.

Daito Trust ConstructionLtd

Market Cap: US$1.0t

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

Preservium Property

Market Cap: SEK 162.2m

Operates as a real estate company in Sweden.

Procimmo Group

Market Cap: CHF 202.7m

A holding company, engages in the investment, management, and sale of real estate properties in Switzerland.

Acsion

Market Cap: R2.7b

Engages in property holding and development activities in South Africa and internationally.

Minmetals Land

Market Cap: €1.5b

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

Atenor

Market Cap: €176.1m

Operates as a real estate development company in Belgium, Luxembourg, the Netherlands, France, Germany, Portugal, Poland, Hungary, Britain, and Romania.

Forestar Group

Market Cap: US$998.2m

Operates as a residential lot development company in the United States.

Summarecon Agung

Market Cap: €7.2t

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

Grand City Properties

Market Cap: €1.9b

Engages in the residential real estate business in Germany, the United Kingdom, and internationally.

China Overseas Grand Oceans Group

Market Cap: €6.4b

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

MIRARTH HOLDINGSInc

Market Cap: €66.9b

Engages in the real estate business in Japan.

NEPI Rockcastle

Market Cap: €101.2b

NEPI Rockcastle N.V. (“the Company”, “NEPI Rockcastle”, “the Group”) is a public limited company domiciled in the Netherlands, having its registered office at Strawinskylaan 563, WTC Zuidas, Tower Ten, 5th Floor, 1077 XX Amsterdam, with registration number at the Dutch Chamber of Commerce 87488329.

Shimao Group Holdings

Market Cap: €3.2b

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

Domo Activos

Market Cap: €14.0m

Operates as a real estate investment company that purchases, develops, rents, and sells urban real estate properties in Spain.

Dafam Property Indonesia

Market Cap: Rp95.0b

Engages in the property development activities in Indonesia.

Lavvi Empreendimentos Imobiliários

Market Cap: R$2.0b

Develops and builds residential and non-residential properties primarily in Brazil.

Deutsche Wohnen

Market Cap: €8.9b

Develops and manages residential properties in Germany.

Deutsche Wohnen

Market Cap: €8.9b

Develops and manages residential properties in Germany.

SOHO China

Market Cap: US$2.8b

Engages in the real estate development, and property leasing and management activities in the People’s Republic of China.

Biggeorge Property Nyilvánosan Muködo Részvénytársaság

Market Cap: Ft50.1b

Operates as a property development company.

New England Realty Associates Limited Partnership

Market Cap: US$269.4m

Engages in acquiring, developing, holding for investment, operating, and selling of real estate properties in the United States.

Acumentis Group

Market Cap: AU$16.8m

Provides valuation, research, and advisory services in relation to property and businesses in Australia.

Grandjoy Holdings Group

Market Cap: CN¥11.1b

Engages in the real estate development in China and internationally.

Cielo-Blu Group

Market Cap: ₪332.1m

Through its subsidiaries, operates as a real estate development company in Israel and Eastern Europe.

C&D International Investment Group

Market Cap: HK$32.7b

An investment holding company, engages in the property development, real estate industry chain investment services, and industry investment activities in Mainland China, Hong Kong, Macau, Taiwan, and internationally.

SCE Intelligent Commercial Management Holdings

Market Cap: HK$479.9m

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

Minmetals Land

Market Cap: HK$1.5b

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

One United Properties

Market Cap: RON 2.0b

Develops and sells real estate properties in Romania.

Country Garden Services Holdings

Market Cap: US$23.4b

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