1 Sun Hung Kai Properties Limited 0016.HK $43.13B $14.88 −1.35% $0.20 HK 2 China Resources Land Limited 1109.HK $27.25B $3.82 +0.44% $0.02 HK 3 Emaar Properties PJSC EMAAR.AE $26.33B $2.98 −0.73% $0.02 AE 4 CK Asset Holdings Limited 1113.HK $21.38B $6.11 −0.42% $0.03 HK 5 Sumitomo Realty & Development Co., Ltd. 8830.T $19.32B $20.92 −2.42% $0.52 JP 6 Daiwa House Industry Co., Ltd. 1925.T $18.45B $29.79 −0.76% $0.23 JP 7 Hongkong Land Holdings Limited HKHGF $18.14B $8.51 −0.53% $0.04 BM 8 Swire Properties Limited 1972.HK $18.09B $3.14 −0.81% $0.03 HK 9 China Overseas Land & Investment Ltd. 0688.HK $17.84B $1.63 −1.39% $0.02 HK 10 DLF Limited DLF.NS $16.98B $6.86 +0.11% $0.01 IN 11 Emaar Development PJSC EMAARDEV.AE $14.07B $3.52 −0.62% $0.02 AE 12 Sino Land Company Limited 0083.HK $12.61B $1.31 −1.43% $0.02 HK 13 Lodha Developers Ltd. LODHA.BO $12.24B $12.26 +0.56% $0.07 IN 14 Klépierre S.A. LI.PA $12.22B $42.60 −0.60% $0.26 FR 15 Poly Developments and Holdings Group Co., Ltd. 600048.SS $9.31B $0.78 −0.19% $0.00 CN 16 China Merchants Shekou Industrial Zone Holdings Co., Ltd. 001979.SZ $9.26B $1.03 +0.88% $0.01 CN 17 Central Pattana Public Company Limited CPN-R.BK $8.73B $1.95 +0.00% $0.00 TH 18 Hulic Co., Ltd. 3003.T $8.56B $11.28 −0.68% $0.08 JP 19 PSP Swiss Property AG PSPN.SW $8.24B $179.54 −0.07% $0.12 CH 20 SM Prime Holdings, Inc. SPHXF $7.65B $0.27 +0.00% $0.00 — PH 21 CPI Property Group O5G.DE $7.57B $0.85 +0.00% $0.00 LU 22 Deutsche Wohnen SE DWNI.DE $7.56B $19.05 −1.68% $0.32 DE 23 Ctp N.V. CTPNV.AS $7.45B $15.36 −2.65% $0.42 NL 24 Wharf (Holdings) Limited 0004.HK $7.36B $2.41 −1.20% $0.03 HK 25 The Phoenix Mills Limited PHOENIXLTD.NS $7.07B $19.77 +0.25% $0.05 IN 26 Prestige Estates Projects Limited PRESTIGE.NS $6.95B $16.14 +0.21% $0.03 IN 27 Oberoi Realty Limited OBEROIRLTY.BO $6.82B $18.67 −0.63% $0.12 IN 28 Shanghai Zhangjiang Hi-Tech Park Development Co., Ltd. 600895.SS $6.68B $4.31 −0.89% $0.04 CN 29 AB Sagax (publ) SAGA-A.ST $6.50B $17.93 +1.46% $0.26 SE 30 Umm Al Qura for Development and Construction Co. 4325.SR $6.48B $4.50 −1.28% $0.06 SA 31 Iguatemi S.A. IGTI11.SA $6.38B $5.16 +2.12% $0.11 BR 32 NEPI Rockcastle N.V. NRP.AS $6.32B $8.93 −4.94% $0.46 NL 33 Fastighets AB Balder (publ) BALD-B.ST $6.26B $5.35 −3.51% $0.19 SE 34 Castellum AB (publ) CAST.ST $6.08B $13.42 −1.18% $0.16 SE 35 PT Pantai Indah Kapuk Dua Tbk PANI.JK $5.92B $0.33 −1.71% $0.01 ID 36 Godrej Properties Limited GODREJPROP.NS $5.90B $19.58 +0.80% $0.16 IN 37 UOL Group Limited U14.SI $5.82B $6.87 −0.91% $0.06 SG 38 City Developments Limited C09.SI $5.79B $6.48 −1.56% $0.10 SG 39 Dar Al Arkan Real Estate Development Company 4300.SR $5.68B $5.26 −1.93% $0.10 SA 40 China Vanke Co., Ltd. 000002.SZ $5.61B $0.47 −0.94% $0.00 CN 41 Longfor Group Holdings Limited LNGPF $5.60B $0.82 +0.00% $0.00 CN 42 Shanghai Lujiazui Finance & Trade Zone Development Co., Ltd. 600663.SS $5.36B $1.36 +0.22% $0.00 CN 43 IOI Properties Group Berhad 5249.KL $5.26B $0.96 +1.04% $0.01 MY 44 Nomura Real Estate Holdings, Inc. 3231.T $5.02B $5.88 −1.01% $0.06 JP 45 Hang Lung Properties Limited 0101.HK $4.59B $0.88 −1.28% $0.01 HK 46 Cencosud Shopping S.A. CENCOMALLS.SN $4.46B $2.62 −0.40% $0.01 CL 47 Makkah Construction & Development Company 4100.SR $4.28B $21.41 +0.50% $0.11 SA 48 Shanghai Vital Microtech Co., Ltd. 600641.SS $4.25B $4.48 −1.51% $0.07 CN 49 Seazen Holdings Co., Ltd 601155.SS $4.03B $1.79 +0.42% $0.01 CN 50 Allreal Holding AG ALLN.SW $3.98B $241.11 −0.71% $1.72 CH 51 Hangzhou Binjiang Real Estate Group Co.,Ltd 002244.SZ $3.92B $1.26 +0.60% $0.01 CN 52 Parque Arauco S.A. PARAUCO.SN $3.75B $4.09 −1.67% $0.07 CL 53 Greentown China Holdings Limited GTWCF $3.68B $1.45 +0.00% $0.00 — CN 54 Howard Hughes Holdings Inc. HHH $3.67B $61.63 −1.78% $1.12 US 55 The St. Joe Company JOE $3.64B $63.90 +0.08% $0.05 US 56 Quzhou Xin'an Development Co.,Ltd. Class A 600208.SS $3.62B $0.43 −0.35% $0.00 CN 57 Ayala Land, Inc. AYAAF $3.57B $0.25 +0.00% $0.00 PH 58 Vantone Neo Development Group Co.,Ltd. 600246.SS $3.56B $1.83 −1.21% $0.02 CN 59 C&D International Investment Group Limited 1908.HK $3.51B $1.59 −0.72% $0.01 HK 60 Kerry Properties Limited 0683.HK $3.40B $2.35 −0.43% $0.01 HK 61 Mivne Real Estate (K.D) Ltd MVNE.TA $3.15B $4.35 −0.90% $0.04 IL 62 Mobimo Holding AG MOBN.SW $3.13B $420.90 −0.58% $2.46 CH 63 Highwealth Construction Corp. 2542.TW $3.11B $1.47 −3.53% $0.05 TW 64 Hilton Grand Vacations Inc. HGV $3.08B $39.20 −2.66% $1.07 US 65 Asset World Corp Public Company Limited AWC-R.BK $2.98B $0.09 −0.65% $0.00 TH 66 Corporación Inmobiliaria Vesta, S.A.B. de C.V. VTMX $2.84B $33.56 +0.24% $0.08 MX 67 Greenland Holdings Corporation Limited 600606.SS $2.77B $0.20 −1.49% $0.00 CN 68 Gav-Yam Lands Corp. Ltd GVYM.TA $2.74B $12.40 −1.36% $0.17 IL 69 Catena AB (publ) CATE.ST $2.58B $38.89 +0.43% $0.17 SE 70 Wallenstam AB (publ) WALL-B.ST $2.57B $4.04 −1.86% $0.08 SE 71 Tidhar Group Ltd. TDHR.TA $2.54B $50.19 −3.17% $1.64 IL 72 TAG Immobilien AG TEG.DE $2.53B $13.31 −5.60% $0.79 DE 73 Greater Bay Area AI Computing Tech Co., Ltd. 1396.HK $2.44B $1.54 +2.37% $0.04 CN 74 CA Immobilien Anlagen AG CAI.VI $2.44B $26.39 −0.66% $0.17 AT 75 Shenzhen HeungKong Holding Co.,Ltd 600162.SS $2.41B $0.74 −5.36% $0.04 CN 76 Altarea SCA ALTA.PA $2.40B $97.10 −1.76% $1.74 FR 77 Lumo Kodit Oyj LUMO.HE $2.33B $8.81 −1.56% $0.14 FI 78 Anant Raj Limited ANANTRAJ.NS $2.29B $6.37 −0.77% $0.05 IN 79 Emaar The Economic City 4220.SR $2.29B $2.59 −0.71% $0.02 SA 80 Investis Holding S.A. IREN.SW $2.26B $176.96 −0.69% $1.23 CH 81 Hufvudstaden AB (publ) HUFV-A.ST $2.22B $11.92 −0.86% $0.10 SE 82 Brigade Enterprises Limited BRIGADE.NS $2.22B $6.81 −1.77% $0.12 IN 83 Sime Darby Property Berhad 5288.KL $2.15B $0.32 −1.53% $0.00 MY 84 Hang Lung Group Limited 0010.HK $2.14B $1.57 −1.12% $0.02 HK 85 Ashtrom Group Ltd. ASHG.TA $2.12B $19.04 −1.60% $0.31 IL 86 Argan S.A. ARG.PA $2.12B $82.36 −1.53% $1.28 FR 87 Hysan Development Company Limited 0014.HK $2.09B $2.03 −1.24% $0.03 HK 88 China Enterprise Company Limited 600675.SS $2.07B $0.34 −0.87% $0.00 CN 89 China Jinmao Holdings Group Limited CJNHF $2.05B $0.15 +0.00% $0.00 — CN 90 Inmocemento, S.A. IMC.MC $2.04B $4.49 −0.51% $0.02 ES 91 Shimao Group Holdings Limited SHMAY $2.04B $5.39 +0.00% $0.00 — HK 92 GuocoLand Limited F17.SI $2.04B $1.77 −1.75% $0.03 SG 93 Nanjing Gaoke Company Limited 600064.SS $2.02B $1.17 +1.03% $0.01 CN 94 Arabian Centres Company 4321.SR $2.01B $4.24 −0.62% $0.03 SA