Despite the challenging commercial operating environment in Hong Kong over the past year, Sun Hung Kai Properties (SHKP), as one of the biggest developers in Hong Kong, has maintained relatively robust business performance thanks to its prudent financial management, high-quality properties and services.

Hong Kong’s largest developer by market capitalization, Sun Hung Kai Properties (SHKP) achieved stable profit growth amid a pressured commercial environment.

Despite the challenging real estate market, Sun Hung Kai Properties (SHKP) has still been able to maintain a stable profit scale, and a series of residential projects launched by the firm has allowed it to out in a significant performance in residential development during the research period.

Relying on its sufficient cash reserves, ultra-low debt ratio and many rental properties, Sun Hung Kai Properties (SHKP) has demonstrated its resilience during the downturn in the real estate market during the past year.

Sun Hung Kai Properties’ High Speed Rail West Kowloon Terminus project in Hong Kong, slated for completion in 2025, stands as the developer’s most prominent mixed-use project.

Sun Hung Kai Properties (SHKP) has exhibited robust financial performance amid challenging conditions in the global residential market.

Sun Hung Kai Properties (SHKP), a leading Hong Kong-listed developer since 1972, has had an incredibly strong review period. The developer’s projects over 2024 led to sales surpassing HK$37.5 billion ($4.9 million). As of 30 June 2024, SHKP subsidiaries Hong Yip Service Company and Kai Shing Management Services managed over 293 million sq ft of residential and non-residential floor area across Hong Kong and the mainland.

Stanbic IBTC has a strong commitment to financing large-scale real estate projects and providing innovative solutions across diverse sectors. Over the review period, the bank structured three medium-term loans totalling US$155 million, showcasing its dedication to supporting substantial real estate developments. In addition, it facilitated a US$1 million development loan, demonstrating its commitment to a broad range of real estate needs, from large projects to smaller, sector-specific developments.

Ameriabank demonstrated impressive growth in its real estate business during the review period.

Dubai-based flexible office space developer iSpace has expanded its portfolio with the launch of two significant projects within just six months. The combination of cutting-edge technology and high-quality office environments present in these developments have contributed to a 100% occupancy over the review period.

DBS has been spearheading several significant transactions over the review period. The firm successfully navigates both onshore and offshore markets under complex market conditions, while addressing client needs with precision.

With capabilities to offer tailored solutions and insights for clients, CBRE was named Singapore's best real estate agency.

Blackstone’s strategic investments and dedication to sustainable development in Finland have shown its leadership in the country. These deals highlight Blackstone's ability to successfully navigate Finland's dynamic real estate market.

Blackstone’s strategic approach to real estate investment has maintained its position as the market leader in Sweden, with an ability to deliver high-quality, sustainable developments that meet the evolving needs of the market.

Banco Popular Dominicano has solidified its position as the market leader in the Dominican Republic’s real estate sector through solid financial performance and new strategies. During the review period, its mortgage loan portfolio grew by 13%, reaching Ps$62 billion ($1 billion), with Ps17.2 billion disbursed, benefiting over 3,500 clients. The bank’s construction loans saw even greater growth, with a 41% increase in approved loans and a 94% rise in disbursements.

Vinhomes wins Vietnam’s best residential developer this year after demonstrating relentless efforts to launch new projects and lead residential development.

Ayala Land, named the Philippines' best real estate developer, highlighted its innovation at the forefront of the Philippine real estate industry.

Prominent Qatari investor Lesha Bank has demonstrated impressive financial performance, driven by steady growth within its real estate investment business.

CapitaLand Development (CLD) is the development arm of CapitaLand Group, focusing on residential developments with remarkable results after 30 years working in Vietnam.

Colliers has been recognized for its robust market presence and dedication to client-focused innovation. The firm’s recent accomplishments reflect an impressive 82% increase in transaction volumes, with deals totalling SKr22 billion ($2 billion) and additional transactions valued at SKr1.8 billion.

Famous for its residential development, Alveo Land is committed to creating vibrant and groundbreaking communities across the Philippines and is named the Philippines' best residential developer.

Last year, Colliers consistently demonstrated in-depth knowledge and expertise in the Indonesian market and was named Indonesia's best real estate adviser.

Standard Bank offers different options of financing solutions, broad sector coverage and strong commitment to sustainability. Its real estate finance (REF SA) loan book grew by 10% to $5 billion in December 2023, from $4.6 billion in December 2022. The bank completed $1.9 billion in transactional activities over the year, with 57% allocated to refinancing and 43% to new business, showcasing its balance between nurturing existing relationships and pursuing growth opportunities.

Logan Valuation delivered a strong year in the real estate market, solidifying its status as a leading adviser in the Costa Rican real estate industry. Its exceptional combination of financial strength, technological innovation, and sustainability focus earned it the award as Costa Rica’s best real estate adviser.

CapitaLand Development (CLD) has been in China for 30 years, and is awarded China's best residential developer this year to reflect the strong expansion of its presence in the country.

Over the review period, Banque Misr expanded its already strong footprint in the Egyptian real estate market, thanks to its focus on digitalization and inclusivity.

United Real Estate Company has expanded its Egypt hospitality portfolio with the launch of its Waldorf Astoria Cairo Heliopolis Hotel. Given its strategic location, and range of facilities, the hotel is positioned to play a significant role in Egypt's hospitality sector.

Savills Egypt has experienced exponential growth since its inception in 2019 and has consistently ranked as the fastest-growing office within the firm’s Middle East operations.

Strong capitalization, profitability, good capability in complex transactions and sustainable development make DBS Hong Kong's best bank for real estate.

With over 118 years of history, Banco Pichincha is one of Ecuador’s leading banks in real estate financing, in particular in the social and public housing sectors. As the top provider of these loans, Banco Pichincha accounted for 56% of the US$289 million allocated to social and public housing by the private financial system between May 2023 and June 2024. The bank serves 5.6 out of every 10 households benefiting from these programmes.