1 Sun Hung Kai Properties 0016.HK 60 not measured 15.2 3.5% $41.34B 2 China Resources Land 1109.HK 61 not measured 8.0 4.3% $28.08B 3 CK Asset Holdings 1113.HK 62 not measured 13.1 3.6% $21.98B 4 Sumitomo Realty & Development 8830.T 53 not measured 14.0 1.4% $20.5B 5 DLF DLF.NS 65 not measured 41.7 1.0% $20.24B 6 Swire Properties 1972.HK 56 not measured 45.3 4.5% $18.96B 7 Daiwa House Industry 1925.T 60 not measured 8.3 3.4% $18.56B 8 China Overseas Land & Investment 0688.HK 51 not measured 10.7 3.8% $17.64B 9 Lodha Developers LODHA.NS 69 not measured 28.2 0.4% $13.02B 10 Sino Land 0083.HK 52 not measured 22.0 5.5% $12.8B 11 Klépierre LI.PA 67 medium 7.8 5.1% $11.79B 12 China Merchants Shekou Industrial Zone Holdings 001979.SZ 36 not measured Loss 0.7% $10.18B 13 Poly Developments and Holdings Group 600048.SS 44 not measured 44.5 0.7% $9.62B 14 Hulic 3003.T 63 not measured 12.0 3.4% $9.29B 15 Phoenix Mills PHOENIXLTD.NS 70 not measured 63.0 0.1% $8.71B 16 PSP Swiss Property PSPN.SW 59 low 17.4 2.6% $8.52B 17 Wharf (Holdings) 0004.HK 44 not measured Loss 2.9% $8.02B 18 Prestige Estates Projects PRESTIGE.NS 50 not measured 78.3 0.1% $7.75B 19 Oberoi Realty OBEROIRLTY.NS 73 not measured 25.1 0.4% $7.02B 20 Deutsche Wohnen DWNI.DE 48 high 4.1 0.3% $6.98B 21 Ctp CTPNV.AS 53 high 11.6 5.2% $6.98B 22 CPI Property Group O5G.DE 40 medium 47.8 0.0% $6.77B 23 AB Sagax (publ) SAGA-B.ST 62 medium 9.3 2.0% $6.33B 24 Fastighets AB Balder (publ) BALD-B.ST 55 medium 10.6 0.0% $6.13B 25 NEPI Rockcastle NRP.AS 66 not measured no data 7.3% $6.11B 26 Godrej Properties GODREJPROP.NS 51 not measured 42.0 0.0% $6.02B 27 Shanghai Zhangjiang Hi-Tech Park Development 600895.SS 43 not measured 43.8* adjusted 34.9 0.8% $5.89B 28 Castellum CAST.ST 56 low 21.5* adjusted 14.9 0.0% $5.82B 29 Tsim Sha Tsui Properties 0247.HK 57 not measured 19.5 3.0% $5.57B 30 Shanghai Vital Microtech 600641.SS 48 not measured Loss 0.0% $5.11B 31 Howard Hughes Holdings HHH 52 medium 32.7 0.0% $4.94B 32 St. Joe JOE 76 medium 33.3 0.9% $4.02B 33 Allreal Holding ALLN.SW 55 medium 15.6 3.6% $3.89B 34 Corporación Inmobiliaria Vesta, S.A.B. de C.V. VTMX 73 medium 7.3 2.2% $3.22B 35 Mobimo Holding MOBN.SW 56 medium 12.5 2.9% $3.14B 36 Catena CATE.ST 58 medium 11.4 2.4% $2.63B 37 Wallenstam WALL-B.ST 57 medium 8.5* adjusted 20.1 1.4% $2.5B 38 TAG Immobilien TEG.DE 46 medium Loss 3.5% $2.39B 39 Investis Holding IREN.SW 50 medium 13.2 2.1% $2.21B 40 Hufvudstaden HUFV-A.ST 58 medium 18.6 2.5% $2.18B 41 CA Immobilien Anlagen CAI.VI 45 medium 12.6 4.3% $2.12B 42 Lumo Kodit LUMO.HE 39 medium Loss 1.5% $2.1B 43 Neinor Homes HOME.MC 64 low 14.0 9.0% $2.05B 44 Altarea SCA ALTA.PA 38 medium 49.1 10.8% $2.03B 45 Metrovacesa MVC.MC 52 medium 31.1 17.3% $1.96B 46 Argan ARG.PA 57 medium 6.6 5.1% $1.94B 47 Inmocemento IMC.MC 72 low 6.4 4.0% $1.89B 48 Intershop Holding ISN.SW 56 low 14.0 3.8% $1.75B 49 Dom Development DOM.WA 74 low 9.6 5.6% $1.62B 50 NP3 Fastigheter NP3.ST 63 medium 9.3 2.6% $1.45B 51 Grand City Properties GYC.DE 56 high 2.9 3.9% $1.42B 52 Atrium Ljungberg ATRLJ-B.ST 45 medium 23.3 4.9% $1.36B 53 Cham Swiss Properties CHAM.SW 55 medium 97.3 1.9% $1.36B 54 Deutsche EuroShop DEQ.DE 58 medium 5.7 6.2% $1.36B 55 Zug Estates Holding ZUGN.SW 52 medium 17.5 2.2% $1.35B 56 LAMDA Development LAMDA.AT 40 medium Loss 0.0% $1.14B 57 Forestar Group FOR 47 high 8.0 0.0% $1.13B 58 Cibus Nordic Real Estate CIBUS.ST 59 medium 10.5 7.3% $1.11B 59 Altareit SCA AREIT.PA 31 medium Loss 0.0% $1.08B 60 Aedas Homes AEDAS.MC 53 low 17.3 0.0% $1.08B 61 Plazza PLAN.SW 61 low 11.4 2.4% $1.06B 62 Develia DVL.WA 72 medium 6.5 8.7% $975.83M 63 Sky Harbour Group SKYH 44 medium 150.5* 0.0% $903.64M 64 Archicom ARH.WA 60 low 19.1 3.4% $791.88M 65 Fastighetsbolaget Emilshus EMIL-B.ST 62 medium 9.9 2.2% $723.28M 66 Fundamenta Real Estate FREN.SW 56 low 14.1 3.5% $695.44M 67 Atal 1AT.WA 60 medium 8.0 7.4% $662.92M 68 Bassac BASS.PA 54 medium 5.6 2.7% $658.54M 69 Hemnet Group HEM.ST 73 high 18.1 2.7% $632.24M 70 Echo Investment ECH.WA 60 medium 14.6 21.7% $574.25M 71 Prisma Properties PRISMA.ST 68 medium 5.5* adjusted 17.3 0.0% $479.19M 72 Fiducial Real Estate ORIA.PA 51 low 16.5 2.4% $425.32M 73 SF Urban Properties SFPN.SW 56 low 8.0 3.6% $410.42M 74 John Mattson Fastighetsföretagen JOMA.ST 54 medium 6.2 0.5% $402.19M 75 Samhällsbyggnadsbolaget i Norden SBB-B.ST 33 high Loss 0.0% $371.8M 76 Stenhus Fastigheter i Norden SFAST.ST 58 medium 7.3 2.3% $371.58M 77 Heba Fastighets HEBA-B.ST 51 medium 8.7 2.3% $370.33M 78 Five Point Holdings FPH 45 high 11.3* adjusted 11.7 0.0% $327.24M 79 Fastighets AB Trianon (publ) TRIAN-B.ST 50 low 10.8 1.4% $323.53M 80 Globe Trade Centre GTC.WA 31 not measured Loss 0.0% $317.89M 81 Peach Property Group PEAN.SW 34 high Loss 0.0% $305.82M 82 Instone Real Estate Group INS.DE 40 high 12.4* adjusted 8.2 7.7% $269.79M 83 UBM Development UBS.VI 34 medium 561.5 0.0% $122.58M 