1 Sun Hung Kai Properties Limited 0016.HK $42.88B $14.80 −0.51% $0.08 HK 2 China Resources Land Limited 1109.HK $30.01B $4.21 +0.36% $0.02 HK 3 Emaar Properties PJSC EMAAR.AE $26.95B $3.05 −2.61% $0.08 AE 4 CK Asset Holdings Limited 1113.HK $20.97B $5.99 −0.21% $0.01 HK 5 Sumitomo Realty & Development Co., Ltd. 8830.T $19.86B $21.50 −2.48% $0.55 JP 6 China Overseas Land & Investment Ltd. 0688.HK $18.58B $1.70 +0.99% $0.02 HK 7 Daiwa House Industry Co., Ltd. 1925.T $17.79B $28.73 −0.52% $0.15 JP 8 Swire Properties Limited 1972.HK $17.50B $3.04 −0.83% $0.03 HK 9 Hongkong Land Holdings Limited H78.SI $17.43B $8.18 +2.63% $0.21 BM 10 DLF Limited DLF.NS $17.14B $6.92 +2.80% $0.19 IN 11 Emaar Development PJSC EMAARDEV.AE $14.49B $3.62 −0.60% $0.02 AE 12 Klépierre S.A. LI.PA $13.00B $45.32 −1.11% $0.51 FR 13 Lodha Developers Ltd. LODHA.BO $12.88B $12.89 +1.57% $0.20 IN 14 Sino Land Company Limited 0083.HK $12.60B $1.31 −1.06% $0.01 HK 15 Brookfield BRP Holdings (Canada BEPI $10.07B $16.12 +0.06% $0.01 CA 16 China Merchants Shekou Industrial Zone Holdings Co., Ltd. 001979.SZ $9.63B $1.07 −0.14% $0.00 CN 17 Poly Developments and Holdings Group Co., Ltd. 600048.SS $9.50B $0.79 −0.37% $0.00 CN 18 Deutsche Wohnen SE DWNI.DE $8.43B $21.24 −0.22% $0.05 DE 19 Wharf (Holdings) Limited 0004.HK $8.30B $2.71 −0.65% $0.02 HK 20 Hulic Co., Ltd. 3003.T $8.29B $10.92 −0.26% $0.03 JP 21 PSP Swiss Property AG PSPN.SW $8.12B $177.05 −0.35% $0.62 CH 22 Ctp N.V. CTPNV.AS $8.02B $16.52 −2.59% $0.44 NL 23 SM Prime Holdings, Inc. SPHXF $7.65B $0.27 −9.87% $0.03 — PH 24 Shanghai Zhangjiang Hi-Tech Park Development Co., Ltd. 600895.SS $7.62B $4.92 +0.15% $0.01 CN 25 CPI Property Group O5G.DE $7.54B $0.84 +0.00% $0.00 LU 26 The Phoenix Mills Limited PHOENIXLTD.NS $7.26B $20.30 +2.08% $0.41 IN 27 Prestige Estates Projects Limited PRESTIGE.NS $7.18B $16.67 +0.27% $0.04 IN 28 Oberoi Realty Limited OBEROIRLTY.BO $6.88B $18.85 +1.09% $0.20 IN 29 Umm Al Qura for Development and Construction Co. 4325.SR $6.74B $4.69 +0.46% $0.02 SA 30 Godrej Properties Limited GODREJPROP.NS $6.66B $22.12 +1.86% $0.40 IN 31 Fastighets AB Balder (publ) BALD-B.ST $6.61B $5.65 −0.37% $0.02 SE 32 UOL Group Limited U14.SI $6.50B $7.68 +0.10% $0.01 SG 33 Castellum AB (publ) CAST.ST $6.48B $14.31 −0.66% $0.09 SE 34 AB Sagax (publ) SAGA-A.ST $6.31B $17.41 −2.65% $0.47 SE 35 PT Pantai Indah Kapuk Dua Tbk PANI.JK $6.29B $0.35 −1.98% $0.01 ID 36 Longfor Group Holdings Limited LNGPF $6.05B $0.88 +0.00% $0.00 CN 37 China Vanke Co., Ltd. 000002.SZ $5.71B $0.48 −0.62% $0.00 CN 38 Shanghai Lujiazui Finance & Trade Zone Development Co., Ltd. 600663.SS $5.59B $1.42 +1.92% $0.03 CN 39 Dar Al Arkan Real Estate Development Company 4300.SR $5.51B $5.10 +0.42% $0.02 SA 40 IOI Properties Group Berhad 5249.KL $5.43B $0.99 +0.50% $0.00 MY 41 City Developments Limited C09.SI $5.40B $6.04 −0.64% $0.04 SG 42 Hang Lung Properties Limited 0101.HK $4.93B $0.95 −0.67% $0.01 HK 43 Nomura Real Estate Holdings, Inc. 3231.T $4.89B $5.72 +0.53% $0.03 JP 44 Shanghai Vital Microtech Co., Ltd. 600641.SS $4.80B $5.07 −0.76% $0.04 CN 45 Cencosud Shopping S.A. CENCOMALLS.SN $4.64B $2.72 +1.36% $0.04 CL 46 Allreal Holding AG ALLN.SW $4.22B $255.50 −0.72% $1.86 CH 47 C&D International Investment Group Limited 1908.HK $4.14B $1.87 −0.27% $0.01 HK 48 Parque Arauco S.A. PARAUCO.SN $4.03B $4.39 −0.49% $0.02 CL 49 Hangzhou Binjiang Real Estate Group Co.,Ltd 002244.SZ $4.02B $1.29 −0.23% $0.00 CN 50 Howard Hughes Holdings Inc. HHH $3.91B $65.55 −2.86% $1.93 US 51 Quzhou Xin'an Development Co.,Ltd. Class A 600208.SS $3.83B $0.45 −1.29% $0.01 CN 52 Seazen Holdings Co., Ltd 601155.SS $3.83B $1.70 +1.51% $0.03 CN 53 The St. Joe Company JOE $3.77B $66.28 −1.59% $1.07 US 54 Greentown China Holdings Limited GTWCF $3.68B $1.45 +0.00% $0.00 — CN 55 Vantone Neo Development Group Co.,Ltd. 600246.SS $3.52B $1.81 −1.53% $0.03 CN 56 Kerry Properties Limited 0683.HK $3.52B $2.43 −1.60% $0.04 HK 57 Ayala Land, Inc. AYAAF $3.50B $0.25 −2.00% $0.01 PH 58 TAG Immobilien AG TEG.DE $3.01B $15.81 −1.30% $0.21 DE 59 Mivne Real Estate (K.D) Ltd MVNE.TA $3.00B $4.15 −3.57% $0.15 IL 60 Highwealth Construction Corp. 2542.TW $2.90B $1.37 −0.34% $0.00 TW 61 Corporación Inmobiliaria Vesta, S.A.B. de C.V. VTMX $2.90B $34.24 +0.03% $0.01 MX 62 Altarea SCA ALTA.PA $2.84B $114.87 −1.00% $1.16 FR 63 Wallenstam AB (publ) WALL-B.ST $2.81B $4.42 −0.43% $0.02 SE 64 Catena AB (publ) CATE.ST $2.78B $41.84 −1.69% $0.72 SE 65 Greenland Holdings Corporation Limited 600606.SS $2.71B $0.19 +0.00% $0.00 CN 66 Gav-Yam Lands Corp. Ltd GVYM.TA $2.67B $12.11 −0.03% $0.00 IL 67 Lumo Kodit Oyj LUMO.HE $2.44B $9.23 −0.62% $0.06 FI 68 China Jinmao Holdings Group Limited 0817.HK $2.40B $0.18 −0.71% $0.00 HK 69 Hysan Development Company Limited 0014.HK $2.37B $2.31 −0.38% $0.01 HK 70 Hufvudstaden AB (publ) HUFV-A.ST $2.37B $12.70 −1.07% $0.14 SE 71 Investis Holding S.A. IREN.SW $2.37B $185.59 −0.99% $1.86 CH 72 Country Garden Services Holdings Company Limited CTRGF $2.35B $0.73 +0.00% $0.00 — CN 73 Hang Lung Group Limited 0010.HK $2.31B $1.70 −0.45% $0.01 HK 74 Anant Raj Limited ANANTRAJ.NS $2.28B $6.34 −1.89% $0.12 IN 75 Sime Darby Property Berhad 5288.KL $2.26B $0.33 +0.00% $0.00 MY 76 Ashtrom Group Ltd. ASHG.TA $2.10B $18.83 −6.50% $1.31 IL 77 Brigade Enterprises Limited BRIGADE.NS $2.08B $6.38 +4.42% $0.27 — IN 78 Shimao Group Holdings Limited SHMAY $2.04B $5.39 +0.00% $0.00 — HK 79 GuocoLand Limited F17.SI $2.03B $1.76 −0.44% $0.01 SG 80 China Enterprise Company Limited 600675.SS $2.02B $0.33 −0.44% $0.00 CN 81 Arabian Centres Company 4321.SR $2.01B $4.23 −0.38% $0.02 SA