BTG Pactual Asset Management produced a strong set of results over the review period to show its leadership in the Latin American real estate financial industry, demonstrating strength across a wide range of services and products. As one of the largest investment banks in the region, BTG Pactual offers comprehensive market solutions, including market making, brokerage, derivatives trading, insurance and reinsurance services.

BTG Pactual achieved strong financial performance in the latest fiscal year, with total revenues reaching R$6.0 billion, reflecting a robust 10% year-on-year growth. Adjusted net income rose to R$2.9 billion, a 15% increase year-on-year, underscoring BTG's continued financial health and growth trajectory. This success highlights BTG Pactual’s position as a leading bank in Latin America’s high-growth real estate sector.

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.

Hines has had a significant 2023 and 2024, with strong performance especially in the residential and retail sectors in North America, demonstrating innovative strategies that address pressing market challenges.

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.

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.

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.

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.

Prologis has expanded its logistics infrastructure, both domestically and overseas, through a series of new developments and investments in existing projects. The firm has also demonstrated innovation in sustainable practices and advanced automation, underscoring its adaptability to market trends.

Prologis has developed new logistics spaces across North America, enhancing supply chain efficiency and supporting the burgeoning e-commerce landscape.

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.

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.

With strong strategic initiatives and remarkable deals, the real estate income of DBS has been growing despite market challenges.

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.

Newmark has demonstrated robust growth and resilience within its commercial real estate services.

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.

Cushman & Wakefield has demonstrated robust financial performance and operational expertise over the review period that made it Latin America’s strongest real estate adviser.

BNP Paribas showcased meaningful growth in real estate, especially in its CEE operations.

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.

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.

Over the review period, Colliers impressed with its expertise in handling complex real estate advisory mandates across the UK, France and Poland.

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.

CapitaLand Development has performed well over the review period thanks to achievements in its business parks portfolio in Singapore and China.

Fabrix is as a vertically integrated real estate investment platform. It focuses on breathing new life into overlooked urban spaces by employing innovation in finance, tech and architecture. Perhaps most importantly, the company’s projects serve as a blueprint for sustainable development.

Grit Real Estate Income Group is a pan-African real-estate company with a portfolio of assets across the region.

With offices in Poland, Hungary, Romania and the Czech Republic, Skanska has a strong footprint in Central and Eastern Europe and the Baltics.

Real-estate firm Hines celebrates 25 years in Brazil this year by adding to its already diverse portfolio focused on for-rent residential. A combination of high property prices in São Paulo and a younger generation with different priorities drove the decision to focus on this new business line.

Headquartered in Kuwait, United Real Estate Company operates through a number of operating subsidiaries and investment arms across the Middle East and North Africa region.

Link Real Estate Investment Trust demonstrated a commitment to growth and sustainability during the research period, while making intelligent, strategic deals in a challenging period for the sector.

Real estate has been particularly exposed to the slowdown in bank lending. Nevertheless, logistics remains a bright spot as retail sites continue to adapt and office oversupply persists.