Largest Commercial Real Estate Firms In The World
The commercial real estate industry is a significant aspect of the global economy, and the largest firms in this sector play a vital role in shaping the industry's future. In this article, we will discuss the top 10 largest commercial real estate firms in the world and their impact on the industry. These firms are known for their expertise in providing a wide range of services, including property management, brokerage, leasing, investment, and development.
1. CBRE Group, Inc.
CBRE Group, Inc. is the largest commercial real estate firm globally, with a presence in more than 100 countries. It offers a broad range of services, including property sales, leasing, and management, investment management, and advisory services. The company has more than 100,000 employees worldwide and manages a portfolio of properties worth over $3 trillion. CBRE has been named the world's most admired real estate company by Fortune magazine for eight consecutive years.
2. JLL (Jones Lang LaSalle)
JLL is a leading commercial real estate firm with operations in more than 80 countries. The company offers a range of services, including leasing, property management, investment management, and consulting. JLL's portfolio includes some of the world's most iconic buildings, such as the Burj Khalifa in Dubai and the Shard in London. With over 90,000 employees worldwide, JLL manages a portfolio of properties worth more than $4 trillion.
3. Cushman & Wakefield
Cushman & Wakefield is a global commercial real estate firm with a presence in over 70 countries. The company offers a broad range of services, including property leasing, management, investment, and advisory services. Cushman & Wakefield has over 50,000 employees worldwide and manages a portfolio of properties worth over $3.5 trillion. The company has been recognized as one of the world's best employers by Forbes magazine.
4. Colliers International Group Inc.
Colliers International Group Inc. is a leading global commercial real estate firm with operations in more than 60 countries. The company offers a range of services, including leasing, property management, investment, and advisory services. Colliers International Group Inc. has over 15,000 employees worldwide and manages a portfolio of properties worth more than $2 trillion.
5. Newmark Knight Frank
Newmark Knight Frank is a global commercial real estate firm with a presence in more than 30 countries. The company offers a range of services, including property leasing, management, investment, and advisory services. Newmark Knight Frank has over 18,000 employees worldwide and manages a portfolio of properties worth more than $400 billion.
6. Savills
Savills is a global commercial real estate firm with operations in over 60 countries. The company offers a range of services, including property leasing, management, investment, and advisory services. Savills has over 39,000 employees worldwide and manages a portfolio of properties worth more than $1.5 trillion.
7. Hines
Hines is a global commercial real estate firm with operations in more than 25 countries. The company offers a range of services, including property leasing, management, investment, and development. Hines has over 4,800 employees worldwide and manages a portfolio of properties worth more than $144 billion.
8. Brookfield Property Partners
Brookfield Property Partners is a leading global real estate company with operations in North America, Europe, and Asia. The company offers a range of services, including property management, leasing, development, and investment. Brookfield Property Partners has over 90,000 employees worldwide and manages a portfolio of properties worth more than $285 billion.
9. Prologis
Prologis is a global industrial real estate firm with operations in North America, Europe, and Asia. The company offers a range of services, including property management, leasing, and investment. Prologis has over 1,600 employees worldwide and manages a portfolio of properties worth more than $110 billion.
10. NAI Global
NAI Global is a leading global commercial real estate firm with operations in more than 50 countries. The company offers a range of services, including property leasing, management, investment, and advisory services. NAI Global has over 7,000 employees worldwide and manages a portfolio of properties worth more than $45 billion.
Conclusion
The commercial real estate industry is a critical sector of the global economy, and these 10 largest commercial real estate firms play a vital role in shaping its future. These firms offer a range of services, including property management, leasing, development, investment, and advisory services. With their global reach and vast experience, these firms are well-positioned to provide innovative solutions to their clients' real estate needs.