Real Estate awards
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Over the review period, GPS Property Solutions’ advisory division has demonstrated strong financial and market performance. With a highly skilled team of 10 professionals, the firm successfully completed 22 transactions, amounting to $148 million – an impressive increase from the previous year.
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Square Asset Management is Portugal’s largest independent real estate fund asset manager, overseeing more than €1.9 billion in assets and with a 13% market share of real estate funds in Portugal.
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With an extensive knowledge of the Brazilian and Latin American real estate markets, during the review period Newmark consistently delivered insights that have driven successful outcomes for its clients. Their client-centric approach enabled the company to tailor solutions to the unique needs of each client, fostering trust and long-term partnerships.
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One of the largest banks in Latin America, BTG Pactual had a very strong year under the review period, with the bank supporting Brazil's real estate industry’s growth by providing essential credit to large and mid-sized companies. The bank also provides sectoral research and economic analysis throughout Brazil and Latin America.
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With a brokerage division spanning residential, office, retail, multifamily, industrial, and specialized markets such as datacentres and senior housing, Colliers has proven to be the leading real estate agency in Chile during the review period. The firm plays a pivotal role in decentralizing urban development, fostering new real estate hubs that benefit communities and promote economic growth.
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With 17 years of experience, GPS Property Solutions (GPS) has solidified its position as a leading real estate consulting firm in Chile. Known for its highly personalized and specialized services, GPS has demonstrated exceptional performance in the past 12 months, completing 304 transactions worth $450 million, a significant increase from the previous year.
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Bank of America (BofA) continues to be a key player in North America’s commercial real estate (CRE) landscape, closing out 2023 with $86.57 billion in CRE loans, a notable 11.4% year-over-year increase. Representing 8.2% of its total loan portfolio, these loans support a variety of real estate ventures that foster urban development, economic growth and housing accessibility.
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Cushman & Wakefield has demonstrated robust financial performance and operational expertise over the review period that made it Latin America’s strongest real estate adviser.
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CBRE was the largest global commercial real estate services and investment firm by revenue in 2023, operating an extensive workforce of over 130,000 employees across more than 100 countries.
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Savills has initiated a significant expansion of its residential team in the Middle East as a response to consistent growth in real estate activity in the region.
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Soudah Development Company is a Saudi real estate business established by the Kingdom’s Public Investment Fund in 2021, to transform Soudah and parts of Rijal Almaa in the Asir region of Saudi Arabia into a luxury mountain destination.
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Unibail-Rodamco-Westfield (URW), one of the leading global shopping mall operators, demonstrated robust operational performance over the review period.
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CapitaLand Development has performed well over the review period thanks to achievements in its business parks portfolio in Singapore and China.
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Blackstone’s outstanding achievements in portfolio management, strategic acquisitions, and commitment to sustainability across the region over the review period made it the strongest real estate investment manager in the region.
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AXA IM Alts' real estate division stood out from competitors during the review period due to its commitment to growth through a diversified global portfolio, innovative strategies and a deep integration of ESG principles.
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CapitaLand Development (CLD) has been a pioneering foreign developer in China since 1994 and is one of Asia’s largest diversified real estate groups. With expertise in business parks, industrial, logistics and residential developments, it has established a strong presence. Over the review period, its most notable achievements as a workspace developer included its Bridge+ flexible workspace and key business parks like Ascendas Suzhou Shishan Alpha Park.
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JLL's advisory services in North America saw major achievements across 2023 and 2024, solidifying its reputation for market leadership. The firm supported strategic commercial real estate transitions, notably through data centre investments addressing heightened demand from AI and cloud sectors amid power and space shortages. In addition, JLL's valuation advisory expanded in healthcare and other specialized sectors, helping clients navigate complex market landscapes with data-driven insights.
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Newmark stands as a leading force in the Latin American real estate market, driven by its commitment to excellence and innovative solutions. Newmark Latam’s deep understanding of the Latin American real estate landscape sets it apart.
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Broll Property Group’s award as Africa’s best real estate agency reflects its strong performance across multiple sectors and its commitment to sustainability and innovation in an evolving market.
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Standard Bank’s exceptional performance in financing, client engagement, and innovative solutions across the continent’s real estate sector earns it the award for Africa’s best bank for real estate. The bank also showcased strong growth in new facilities and in refinances which enables them to maintain the market leader role in the region.
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Blackstone’s $336 billion in investor capital as of the second quarter of 2024 positions it among the largest real estate investors globally. The firm's investment strategy is distinctively thematic, focusing on assets within sectors that are experiencing structural shortages and are supported by strong macroeconomic tailwinds. Approximately 80% of Blackstone's real estate portfolio is diversified across five key areas: logistics, residential, hospitality & leisure, data centres and life sciences.
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A dominant player in global real estate investment, Blackstone oversees real estate assets valued at €115.5 billion across Europe. Its portfolio is supported by a robust team of more than 220 professionals.
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Unibail-Rodamco-Westfield (URW), the largest shopping mall operator and developer in Europe, has maintained its leadership in the region through a series of tangible achievements.
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United Real Estate Company (URC) has demonstrated tangible improvements in profitability, thanks to strong performance in its existing portfolio.
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A leading developer of grade A industrial and logistics real estate, IndoSpace, backed by Everstone Group, has a 52% market share in India’s top eight markets and is still expanding in this fastest-growing large economy.
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As one of the largest real estate services providers, CBRE offers comprehensive services including valuation and advisory, investment and asset management, and project and development services.
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BNP Paribas showcased meaningful growth in real estate, especially in its CEE operations.
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Colliers’ dedication to setting high standards in real estate management, leasing and capital markets has made it a standout leader in the Nordics and Baltics region.
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Colliers has 25 years of experience in Latin America and a regional presence in 15 countries, solidifying its position as the region’s leading real estate agency. As part of a global platform, Colliers’ Latam clients benefit from a specialized solutions office based in Miami, ensuring seamless service across borders.
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During the review period, Blackstone concentrated its North American real estate strategy on high-demand asset classes, with a particular emphasis on multi-family residential rentals, industrial properties, and data centres. Through its Blackstone Real Estate Income Trust (BREIT), Blackstone’s portfolio has grown significantly and has maintained a high occupancy rate, at approximately 94%, and steady returns, underlining its successful strategy of focusing on stabilized, income-generating assets.