The Top 100 Investment Management Survey provides a snapshot of an evolving global industry. The table below shows the largest 100 real estate managers by assets under management.

IPE RE Top 100
#CompanyTotal RE AUM 30/06/15 (€m)
1 Brookfield Asset Management 135,028
2 Blackstone 83,000
3 CBRE Global Investors 79,400
4 TH Real Estate/TIAA-CREF 77,980
5 Hines 69,865
6 UBS Global AM, Global Real Estate 61,784 (1)
7 AXA Investment Managers - Real Assets 60,189
8 Swiss Life Asset Managers 58,965
9 Invesco 55,713
10 Pramerica Real Estate Investors 55,443
11 JP Morgan AM - Global Real Assets 54,595 (1)
12 Principal Real Estate Investors 54,143
13 LaSalle Investment Management 51,328
14 Morgan Stanley (2) 49,403
15 CapitaLand 48,351
16 Credit Suisse 46,807
17 Deutsche Asset & Wealth Management 45,843
18 Cornerstone Real Estate Advisers 44,002
19 Aviva Investors 43,878
20 AEW Global 43,858
21 M&G 42,255
22 Starwood Capital Group 39,509 (1)
23 APG Asset Management 36,818
24 Clarion Partners 33,025 (1)
25 Cohen & Steers Capital Management 32,733
26 Prologis 32,704
27 DekaBank Deutsche Girozentrale/Deka Immobilien 32,160 (3)
28 Heitman 30,786
29 Tishman Speyer 29,858
30 Aberdeen Asset Management 27,338
31 Generali Real Estate 27,327
32 Union Investment Real Estate 26,895
33 Bentall Kennedy Group 26,533
34 Standard Life Investments 24,492
35 Legal & General Property 23,814
36 BlackRock 21,349
37 PGGM 21,027
38 The Goodman Group 20,900
39 BNP Paribas Real Estate Investment Mngt. 20,898
40 AMP Capital 19,326
41 Mapletree Investments 19,058
42 Schroder Real Estate Investment Mngt. 17,138
43 Savills Investment Management 17,000 (4)
44 PATRIZIA Immobilien 16,800
45 Colony Capital 16,000
46 Syntrus Achmea Real Estate & Finance 15,211
47 DEXUS Property Group 13,178
48 The GPT Group 12,221
49 La Française 11,842
50 Columbia Threadneedle Investments 11,473
51 Amundi Immobilier 10,497
52 Patron Capital 10,478
53 DTZ Investors (Cushman & Wakefield) 10,384
54 Charter Hall 10,004
55 IVG Institutional Funds 9,967
56 BMO Real Estate Partners 9,670
57 Gaw Capital Partners 9,524
58 Apollo Global Management 9,511
59 Hermes Investment Management 9,119
60 Walton Street Capital 7,977
61 Jamestown 7,930
62 Rockspring Property Investment Managers 7,898
63 KGAL Group 7,678
64 Angelo, Gordon & Co. 7,579
65 ISPT Pty 7,300
66 Royal London Asset Management 7,274
67 Bouwinvest Real Estate Investment Mngt. 7,151
68 MN 7,131
69 M3/Evergreen Real Estate Partners 7,066 (1)
70 Partners Group 7,013
71 CenterSquare Investment Management 6,800
72 Oaktree Capital Management 6,301
73 American Realty Advisors 6,179
74 Aerium 6,100
75 Canada Life Investments 6,029
76 Federation Centres 5,902
77 Orchard Street Investment Management 5,771
78 Warburg-HIH Invest Real Estate 5,770
79 DRA Advisors 5,644
80 GLL Real Estate Partners 5,572
81 Bouwfonds Investment Management 5,501
82 Quadrant Real Estate Advisors 5,223
83 Sorgente Group 5,078 (3)
84 Tristan Capital Partners 5,042
85 Sentinel Real Estate Corp. 4,635
86 Torchlight Investors 4,375
87 Timbercreek Asset Management 4,235
88 VALAD Europe 4,101
89 Franklin Real Asset Advisors 3,924
90 Grosvenor Fund Management 3,879 (3)
91 a.s.r. Real Estate Investment Management 3,839
92 Vesteda 3,624 (3)
93 Internos Global Investors 3,500
94 GTIS Partners 3,375 (1)
95 ICG-Longbow 3,082 (5)
96 Amvest 2,900
97 Meyer Bergman 2,826
98 Kames Capital 2,608
99 Sarofim Realty Advisors 2,477
100 Nordic Real Estate Partners 2,400 (5)
101 Lothbury Investment Management 2,377
102 InfraRed Capital Partners 2,373
103 Europa Capital 2,233
104 Investa Commercial Property Fund 2,042
105 Kempen Capital Management 1,969
106 Corestate Capital 1,408
107 OFI REIM 1,250
108 M7 Real Estate 1,220
109 Mayfair Capital Investment Management 1,164
110 Palmer Capital 1,008
111 Rynda Property Investors 923
112 Presima 870
113 Hunt Investment Management 798
114 CarVal Investors 777
115 DRC Capital 760
116 Northern Horizon Capital 546
117 Delin Capital Asset Management 500
118 Covenant Capital Group 449
119 B&I Capital 380
120 Pamfleet Group 348

(1) As at 31/03/15 
(2) Includes real estate AUM managed by Morgan Stanley Real Estate Investing (unlisted/direct real estate), Morgan Stanley’s fund-of-funds/multi-manager business, and Morgan Stanley Investment Management Global Listed Real Assets Team (listed REITs) 
(3) As at 31/12/14 
(4) As at 01/09/15. Includes SEB assets 
(5) As at 30/09/15