U.S. Real Estate Management and Development Potentially Undervalued Companies

Relo Group

Market Cap: US$254.5b

Engages in the provision of property management services in Japan.

RMR Group

Market Cap: US$560.4m

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

Longfor Group Holdings

Market Cap: US$72.8b

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.

Anywhere Real Estate

Market Cap: US$456.2m

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

UOL Group

Market Cap: US$5.6b

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

China Overseas Land & Investment

Market Cap: US$150.6b

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.

LSL Property Services

Market Cap: US$315.1m

Engages in the provision of business-to-business services to mortgage intermediaries and estate agent franchisees, and valuation services to lenders in the United Kingdom.

Cushman & Wakefield

Market Cap: US$2.7b

Provides commercial real estate services under the Cushman & Wakefield brand in the Americas, Europe, Middle East, Africa, and Asia Pacific.

Real Brokerage

Market Cap: US$878.4m

Operates as a real estate technology company in the United States and Canada.

New World Development

Market Cap: US$14.0b

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

Daito Trust ConstructionLtd

Market Cap: US$1.0t

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

Hang Lung Properties

Market Cap: US$37.2b

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

China SCE Group Holdings

Market Cap: US$561.7m

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

Central China Management

Market Cap: US$1.3b

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

Shun Tak Holdings

Market Cap: US$1.9b

An investment holding company, engages in the property, transportation, hospitality and leisure, and investment businesses in Hong Kong, Macau, the People's Republic of China, Singapore, and internationally.

MIRARTH HOLDINGSInc

Market Cap: US$66.5b

Engages in the real estate business in Japan.

Yuexiu Property

Market Cap: US$19.1b

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

LogProstyle

Market Cap: US$41.1m

Engages in the provision of real estate-related services and real estate development in Japan.

Road King Infrastructure

Market Cap: US$659.4m

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

Daiwa House Industry

Market Cap: US$3.1t

Engages in the construction contracts business in Japan and internationally.

New England Realty Associates Limited Partnership

Market Cap: US$259.0m

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

Howard Hughes Holdings

Market Cap: US$4.2b

Develops and operates master planned communities (MPCs) in the United States.

eXp World Holdings

Market Cap: US$1.6b

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

Daito Trust ConstructionLtd

Market Cap: US$1.0t

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

China Resources Land

Market Cap: US$210.0b

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

Country Garden Services Holdings

Market Cap: US$22.5b

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

Altisource Asset Management

Market Cap: US$1.3m

A privately owned investment manager based in Christiansted, Virgin Islands.

Guangdong Land Holdings

Market Cap: US$407.3m

An investment holding company, engages in the property development and investment business in Mainland China.

Yanlord Land Group

Market Cap: US$917.5m

Operates as a real estate developer in the People's Republic of China, Singapore, and internationally.

RE/MAX Holdings

Market Cap: US$273.9m

Operates as a franchisor of real estate brokerage services in the United States, Canada, and internationally.

China Vanke

Market Cap: US$76.5b

Engages in the development and sale of properties in the Mainland China, Hong Kong, and internationally.

Corporación Inmobiliaria Vesta. de

Market Cap: US$41.0b

Acquires, develops, manages, operates, and leases industrial buildings and distribution facilities in Mexico.

Jones Lang LaSalle

Market Cap: US$12.3b

Operates as a commercial real estate and investment management company.

Longfor Group Holdings

Market Cap: US$72.8b

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.

Savills

Market Cap: US$1.3b

Engages in the provision of real estate services in the United Kingdom, Continental Europe, the Asia Pacific, Africa, North America, and the Middle East.

Sunac Services Holdings

Market Cap: US$5.8b

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