The world’s largest public real estate companies in 2021

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Global real estate companies have regained ground this year as the panic in the early days of the pandemic seems to have cooled. Out of 31 real estate companies Global 2000, Forbes According to the annual ranking of the largest and most influential public companies in the world, more than 80% said their shares were up from last year’s list.

For the fourth consecutive year, Brookfield Asset Management is ranked # 1. The Canadian firm boasts $ 600 billion in assets under management, including over 400 million square feet of office, hotel, residential and retail space, but it also invests in renewable energy and infrastructure.

Brookfield announced last year a pledge to invest $ 5 billion in troubled retail firms. It is unclear how much money it has paid out so far, but in December the company partnered with Simon Property Group to help lift JCPenny, an anchor tenant of many shopping centers, from bankruptcy protection under Chapter 11. “This is exactly the type of investment for which our retail recovery program has been calculated, ”said Brian Kingston, CEO of Brookfield. “We’re delighted to help lead the coup.”

Global 2000 is compiled using four equally weighted criteria: revenue, profit, assets and market value. This year, the list included 31 companies that mostly make money from real estate, not counting firms like Blackstone, which has a global real estate portfolio last valued at nearly $ 400 billion, but which also invests in other types. assets. (Forbes This article also omitted construction firms, focusing instead on companies that operate in the more traditional real estate industry.)

Aside from Brookfield, warehouse firms have also had an outstanding year as work-from-home policies and skyrocketing demand for residential properties have forced consumers to temporarily clean up more of their property. The market value of Public Storage is up 44% year-over-year, while Extra Space Storage is up 67%. “It was clearly a historic year of extremes,” said Public Storage CEO Joseph Russell, responding to a profit and loss announcement in February. “We see this in literally every market.”

Kimco Realty Corporation, which specializes in outdoor shopping malls, is the latest real estate firm to make the list. The company made headlines in February when it announced plans to merge with another major shopping center, Weingarten. The combined firm is expected to have a market value of about $ 20 billion when the deal is finalized later this year.

Below are all 31 real estate companies included in the Global 2000 list this year:

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1) Brookfield Asset Management | Canada

Sales: $ 63.400 billion

Profit: – 175.86 million dollars

Assets: $ 343.696 billion

Market cap: $ 69.673 billion

2) American Tower Corporation | United States

Sales: $ 69.673 billion

Profit: $ 69.674 billion

Assets: $ 47.234 billion

Market cap: $ 110.578 billion

3) Prologis | United States

Sales: $ 4.439 billion

Profit: $ 1.482 billion

Assets: $ 56.065 billion

Market cap: $ 84.233 billion

4) Crown Castle International | United States

Sales: $ 5.840 billion

Profit: $ 1.056 billion

Assets: $ 38.768 billion

Market cap: $ 77.629 billion

5) Simon Property Group | United States

Sales: $ 4.608 billion

Profit: $ 1.228 billion

Assets: $ 34.787 billion

Market cap: $ 38.438 billion

6) Weyerhaeuser Company | United States

Sales: $ 7.532 billion

Profit: $ 797 million

Assets: $ 16.311 billion

Market cap: $ 29.441 billion

7) Equinix | United States

Sales: $ 5.976 billion

Profit: $ 369.78 million

Assets: $ 27.006 billion

Market cap: $ 63.431 billion

8) Residential Promotions | United States

Sales: $ 2.539 billion

Profit: $ 879.40 million

Assets: $ 20.287 billion

Market cap: $ 27.063 billion

9) Public storage | United States

Sales: $ 2.905 billion

Profit: $ 1.354 billion

Assets: $ 11.817 billion

Market cap: $ 46.634 billion

10) Alexandria Real Estate Promotions | United States

Sales: $ 1.876 billion

Profit: $ 758.69 million

Assets: $ 22.828 billion

Market cap: $ 24.010 billion

11) AvalonBay Communities | United States

Sales: $ 2.297 billion

Profit: $ 825.67 million

Assets: $ 19.199 billion

Market cap: $ 26.498 billion

12) Trust in Digital Real Estate | United States

Sales: $ 3.907 billion

Profit: $ 356.40 million

Assets: $ 36.076 billion

Market cap: $ 41.032 billion

13) Boston Properties | United States

Sales: $ 2.767 billion

Profit: $ 876.83 million

Assets: $ 22.858 billion

Market cap: $ 18.150 billion

14) SEGRO | Great Britain

Sales: $ 553.59 million

Profit: $ 1829.79

Assets: US $ 17,314.47

Market value: $ 16,226.20

15) VICI Properties | United States

Sales: $ 1.226 billion

Profit: $ 891.67 million

Assets: $ 17.064 billion

Market cap: $ 16.078 billion

16) Ventas | United States

Sales: $ 3.795 billion

Profit: $ 439.15 million

Assets: $ 23.929 billion

Market cap: $ 20.782 billion

17) Welltower | United States

Sales: $ 4.599 billion

Profit: – $ 109.61 million

Assets: $ 32.484 billion

Market cap: $ 31.592 billion

18) Real Estate Income Corporation | United States

Sales: $ 1.661 billion

Profit: $ 395.49 million

Assets: $ 20.740 billion

Market cap: $ 25.032 billion

19) Annalee Capital Management | United States

Sales: $ 1.484 billion

Profit: – $ 891.16 million

Assets: $ 88.455 billion

Market cap: $ 12.391 billion

20) Essex Property Trust | United States

Sales: $ 1.511 billion

Profit: $ 568.87 million

Assets: $ 12.936 billion

Market cap: $ 18.815 billion

21) Linking to a Real Estate Investment Trust | Hong Kong

Sales: $ 1.386 billion

Profit: – $ 3.596 billion

Assets: $ 26.218 billion

Market cap: $ 20.149 billion

22) LE Lundbergfoeretagen AB | Sweden

Sales: $ 1.975 billion

Profit: $ 390.13 million

Assets: $ 21.919 billion

Market cap: $ 14.466 billion

23) Healthpeak Properties | United States

Sales: $ 2.203 billion

Profit: $ 410.96 million

Assets: $ 15.920 billion

Market cap: $ 17.918 billion

24) Starwood Property Trust | United States

Sales: $ 1.136 billion

Profit: $ 325.81 million

Assets: $ 80.874 billion

Market cap: $ 7.290 billion

25) Extra storage space | United States

Sales: $ 1.338 billion

Profit: $ 472.87 million

Assets: $ 9.396 billion

Market cap: $ 19.065 billion

26) Zhenro Properties Group Limited | China

Sales: $ 5.256 billion

Profit: $ 386.46 million

Assets: $ 33.852 billion

Market cap: $ 2.991 billion

27) Covivio SA | France

Sales: $ 1.179 billion

Profit: $ 410.12 million

Assets: $ 33.593 billion

Market cap: $ 8.630 billion

28) Medical Real Estate Trust | United States

Sales: $ 1.249 billion

Profit: $ 429.35 million

Assets: $ 16.829 billion

Market cap: $ 12.841 billion

29) V.P. Carey | United States

Sales: $ 1.218 billion

Profit: $ 455.36 million

Assets: $ 14.708 billion

Market cap: $ 12.731 billion

30) PIK Group of Companies | Russia

Sales: $ 2.661 billion

Profit: $ 1.194 billion

Assets: $ 8.927 billion

Market cap: $ 8.324 billion

31) Kimco Realty Corporation | United States

Sales: $ 1.693 billion

Profit: $ 995.72 million

Assets: $ 11.615 billion

Market cap: $ 8.548 billion

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