MIPIM 2016: The world’s top 100 real estate companies own $3.6tn (£2.5tn) of property, according to the latest Estates Gazette ranking.
The list shows that only the US, China, Japan and Germany have larger GDPs than the collective value of EG’s Top 100 global property owners.
The total value this year increased by more than $400bn.
Canada-based Brookfield Asset Management tops the rankings for the third year in a row with almost $130bn of assets. US giant Blackstone takes second place with $94bn and TIAA-CREF third with assets under management of $89m.
US firms were the largest contingent in the top 100 with a combined asset value of $1.3tn. China held the next biggest slice of the ranking with a total value of $621.5bn.
Together North American and Asian real estate firms hold $2.8tn of assets, representing 88% of our total 100.
The UK appears in the list 10 times with a total combined asset value of $219.9bn.
To make it on to the list this year, firms had to own property valued at more than $12.4bn.
• To read the list in full visit www.globalrealestateinsight.com
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