The global real estate investment management industry has almost doubled in size over the past five years, from €1.68trn in 2014 to €3trn today. The sector continues to be swelled by growing allocations from institutional investors and rising asset prices.
The Top 10 continues to shuffle, although Brookfield Asset Management has retained the top spot throughout. During that period, PGIM and CBRE Global Investors swapped places: the former has risen from seventh to second and the latter vice versa.
Third-placed Blackstone has tended to inhabit second or third over the past five years, while fourth-placed Hines started at 13th in 2014.
Fifth-placed Metlife has jumped from 13th last year. After occupying third and fourth spots in recent years, TH Real Estate/Nuveen has slipped to sixth; similarly, UBS has dropped from sixth/seventh to eighth.
Other Swiss companies: CS 16, Swiss Life Managers 20, Partners Group 66.
