Top 100 European investors tap nearly EUR 1 tln

French-Dutch retail specialist Unibail-Rodamco and Germany’s IVG Immobilien have both slipped a notch in the annual PropertyEU ranking of top 100 investment managers in Europe.

Unibail-Rodamco remains the biggest listed property company in Europe with €25.9 bn of assets under management, but fell from 5th to 6th position this year while IVG Immobilien just scraped in at 10th place compared to 9th last year. The two companies were the only listed players to feature in the top 10.

As in 2011, the ranking – which brings together the leading listed and non-listed real estate investment managers in Europe – is headed by Paris-based AXA Real Estate with €42 bn AUM. CBRE Global Investors took 2nd place again alongside Generali Real Estate, but saw its AUM slip to €28 bn, a crease of 3% year-on-year.

In total, the top 100 investment managers in Europe have almost EUR 1 tln - or EUR 943 bn - in AUM. The non-listed sector accounts by far for the biggest chunk - EUR 726 bn - or 75% of the total. The listed sector accounts for the remainder or EUR 217 bn. France boasts the largest contingent of listed companies in the ranking in terms of AUM.

The six biggest listed companies in the top 100 account for EUR 76 bn. By contrast, Germany's listed sector is represented in the ranking by just three companies with combined AUM of EUR 29 bn. A newcomer to the UK contingent and the overall ranking was Tristan Capital Partners: the London-based company came in at nr 93 with EUR 3.1 bn of AUM.

The special report on the top investors appears in the September edition of PropertyEU Magazine. Click on the link below to subscribe