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

Hang Lung Group

Market Cap: US$18.7b

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

UOL Group

Market Cap: US$5.5b

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

Puradelta Lestari

Market Cap: US$8.5t

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

Singapore Land Group

Market Cap: US$2.5b

An investment holding company, engages in the development of properties for investment and trading in Singapore and internationally.

KATITAS

Market Cap: US$140.7b

KATITAS CO., Ltd. surveys, purchases, refurbishes, remodels, and sells used homes to individuals and families in Japan.

Sunac Services Holdings

Market Cap: US$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.

New World Development

Market Cap: US$14.4b

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

Leopalace21

Market Cap: US$113.8b

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

Logistic Properties of the Americas

Market Cap: US$237.5m

Develops, own, manages, and operates industrial and logistics real estate properties in Costa Rica, Colombia, and Peru.

Xinyuan Real Estate

Market Cap: US$12.2m

Engages in residential real estate development and construction activities in the People’s Republic of China, the United States, Malaysia, and the United Kingdom.

Far East Consortium International

Market Cap: US$2.5b

An investment holding company, engages in the property development and investment activities in Australia, New Zealand, the Czech Republic, Hong Kong, Malaysia, the People’s Republic of China, Singapore, the United Kingdom, and the rest of Europe.

Times China Holdings

Market Cap: US$725.1m

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

Isras Investment

Market Cap: US$3.8b

Operates in the real estate sector in Israel.

Yanlord Land Group

Market Cap: US$888.5m

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

Aroundtown

Market Cap: US$3.3b

Operates as a real estate company in Germany, the Netherlands, the United Kingdom, Belgium, and internationally.

Great Eagle Holdings

Market Cap: US$10.9b

An investment holding company, invests in, develops, leases, and manages residential, office, industrial, and hotel properties in Hong Kong, the United States, Canada, the United Kingdom, Australia, New Zealand, Mainland China, and internationally.

Comstock Holding Companies

Market Cap: US$109.1m

Operates as a asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C.

Five Point Holdings

Market Cap: US$858.9m

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

Tian An China Investments

Market Cap: US$6.6b

An investment holding company, invests in, develops, and manages properties in the People's Republic of China, Hong Kong, and the United Kingdom.

Central China Real Estate

Market Cap: US$294.8m

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

Wharf Real Estate Investment

Market Cap: US$67.1b

An investment holding company, develops, owns, and operates properties and hotels in Hong Kong, Mainland China, and Singapore.

KWG Group Holdings

Market Cap: US$1.2b

Engages in the property development and investment, and hotel operation businesses in Mainland China and Hong Kong.

China Vanke

Market Cap: US$73.1b

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

Foxtons Group

Market Cap: US$190.8m

An estate agency, provides services to the residential property market in the United Kingdom.

Genesis Land Development

Market Cap: US$180.3m

An integrated land developer and residential home builder, owns and develops residential lands and serviced lots in the Calgary Metropolitan Area, Canada.

LSL Property Services

Market Cap: US$329.6m

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.

Copper Property CTL Pass Through Trust

Market Cap: US$945.0m

Owns, operates, and leases retail properties in the United States.

China Overseas Land & Investment

Market Cap: US$146.4b

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.

Ichigo

Market Cap: US$160.8b

Engages in real estate business in Japan.

KWG Living Group Holdings

Market Cap: US$2.9b

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

Supalai

Market Cap: US$28.7b

Engages in the property development business in Thailand and Australia.

Hang Lung Properties

Market Cap: US$38.2b

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

Hang Lung Group

Market Cap: US$18.8b

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

CTP

Market Cap: US$8.6b

Develops, owns, operates, and leases commercial real estate properties in Western Europe and Central and Eastern Europe.

China Overseas Property Holdings

Market Cap: US$18.1b

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

China Resources Land

Market Cap: US$196.5b

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