Product Description
Assets under management by real estate investment firms continue to increase, even as the commercial real estate industry has faced myriad challenges amid rising interest rates and geopolitical turmoil. The managers listed in the report are responsible for more than $5.8 trillion of real estate assets under management on behalf of some of the largest institutions in the world. In aggregate, these real estate managers have more than $200 billion in committed but uncalled capital. The largest real estate investment firms have seen their assets under management increase since 2023. The top 10 largest firms held more than $2.3 trillion in real estate assets under management at the end of 2025, and the top 50 firms held more than $4.8 trillion at the end of 2025.
