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

Times China Holdings

Market Cap: US$725.1m

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

Far East Consortium International

Market Cap: US$2.3b

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

Times Neighborhood Holdings

Market Cap: US$599.2m

Provides property management, community value-added, value-added, and other professional services in the People’s Republic of China.

UOL Group

Market Cap: US$7.3b

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

Comstock Holding Companies

Market Cap: US$151.8m

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

Real Matters

Market Cap: US$459.5m

A technology and network management company, provides appraisal and title services in Canada and the United States.

Aroundtown

Market Cap: US$3.4b

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

Five Point Holdings

Market Cap: US$920.8m

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

Great Eagle Holdings

Market Cap: US$11.4b

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.

Tian An China Investments

Market Cap: US$6.7b

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

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.

Central China Real Estate

Market Cap: US$294.8m

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

KWG Group Holdings

Market Cap: US$820.5m

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

Foxtons Group

Market Cap: US$159.0m

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

Parkit Enterprise

Market Cap: US$118.6m

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.

Copper Property CTL Pass Through Trust

Market Cap: US$903.8m

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

Zoned Properties

Market Cap: US$5.1m

A property investment company, focuses on acquiring real estate properties within the regulated cannabis industry in the United States.

Lendlease Group

Market Cap: US$3.7b

Operates as an integrated real estate and investment company in Australia, Asia, Europe, and the Americas.

Supalai

Market Cap: US$29.1b

Engages in the property development business in Thailand and Australia.

Shimao Group Holdings

Market Cap: US$2.4b

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

Shimao Services Holdings

Market Cap: US$1.7b

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

Megaworld

Market Cap: US$63.4b

Engages in the development, sale, and leasing of real estate properties in the Philippines.

CTP

Market Cap: US$8.6b

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

G City

Market Cap: US$1.9b

Through its subsidiaries, engages in the ownership, development, and management of supermarket-anchored urban shopping centers and commercial center and retail-based mixed-use properties in Israel, North America, Brazil, and Northern and Central Europe.

Lai Fung Holdings

Market Cap: US$331.0m

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

Real Brokerage

Market Cap: US$814.1m

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

Ucommune International

Market Cap: US$1.9m

Manages and provides agile office spaces in China.

Broad Street Realty

Market Cap: US$736.1k

Owns, operates, develops, and redevelops grocery-anchored shopping centers, street retail-based properties, and mixed-use assets in the Mid-Atlantic, Southeast, and Colorado.

China Resources Land

Market Cap: US$217.5b

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

Melcor Developments

Market Cap: US$445.3m

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

Hang Lung Group

Market Cap: US$22.1b

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

Branicks Group

Market Cap: US$158.9m

Branicks Group AG is Germany’s leading listed specialist for commercial real estate, with more than 25 years of experience in the property market and access to a broad network of investors.

China Jinmao Holdings Group

Market Cap: US$20.0b

Engages in the property development business in Mainland China.

Howard Hughes Holdings

Market Cap: US$5.1b

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

Compass

Market Cap: US$4.9b

Provides real estate brokerage services in the United States.

Daiwa House Industry

Market Cap: US$3.2t

Engages in the construction work business in Japan, the United States, and internationally.