Skanska has performed well during the review period, underscoring its ability to lead and innovate despite challenging market conditions. The Nordic housing market faced a slowdown this year due to rising interest rates and economic uncertainty, but Skanska’s resilient approach and strategic focus on sustainability helped it rise above these obstacles.

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

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.

With €111 billion in real estate assets under management across Europe, AXA IM Alts ranks as the largest property investment manager in Europe.

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

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.

Blackstone continues to expand its footprint in the Asia market, riding on its solutions capabilities across sales, investors and marketing in Asia.

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.

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.

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

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

Knight Frank has come a long way since opening its first office in the Middle East in 2009. The company has expanded its physical presence in the region to include offices in the UAE, Saudi Arabia, Bahrain, Qatar, and most recently Egypt.

Colliers is operating in over 10 major markets across Asia Pacific, and during the past year it has remained on the offensive in areas where it is strong, including outsourcing and advisory, leasing and capital markets, and investment management.

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.

Sun Hung Kai Properties (SHKP) has been in Hong Kong since the 1980s. As one of the largest listed developers in the territory, its portfolio encompasses residential, office, retail and industrial spaces. Developments include iconic landmarks such as New Town Plaza in Sha Tin, Tsuen Wan Plaza in Tsuen Wan and New Century Plaza in Mong Kok.

In 2022, BBVA partnered with US venture capital firm Fifth Wall to invest in technologies that address climate change in the real estate and construction industries, which together make up about 40% of global carbon emissions.

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.

Emirates NBD is one of the leading financial services brands in the United Arab Emirates.

Standard Bank Group (SBG), Africa’s largest bank, completed real estate transactions in many countries during the review period. It extended 20 new facilities totalling $249.05 million to both existing and new clients, and 13 refinancings totalling $408.8 million to existing clients.

With a presence in 19 markets globally, including Singapore, Hong Kong, China, India and the US as well as Europe, DBS delivered a record total income of S$16.5 billion ($12 billion) in 2022, a 20% increase in net profits to S$8.19 billion, return on equity of 15% and S$20.5 billion in sustainable financing loans.

Skanska focuses on the office, residential and hotels sector in the Nordic region. Key tenants in its developments include Telia, Sweco, Scandic Hotel and Borealis Group.

With its pan-European team of 45 people in seven countries in continental Europe, including Belgium, France, Germany, Netherlands and the UK, BNP Paribas combines regional coverage with local expertise.

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.

Nordea Bank posted a larger than expected increase operating profit in the second quarter of 2023, to €1.72 billion, an increase of 26% year on year. Net interest income grew by 40% to €1.83 billion.