Top 150 Real Estate Investment Managers 2025

Our annual Top 150 Real Estate Investment Managers Report offers vital market data of some of the world’s largest real estate fund managers. Access the report to benefit from:

  • Full top 150 ranking and top 10 breakdowns by sector, geography and strategy
  • Analysis of industry trends, including M&A and consolidation
  • An Excel spreadsheet containing AUM data on individual managers

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IPE Top 150 RE Managers 2025 copy

Top 150 Real Estate Investment Managers 2025: Lack of growth spurs M&A

Stagnation of AUM growth for the third year is helping to fuel a new wave of consolidation in the real estate investment management industry

Top 150 RE Managers 2025 data download

Access the Top 150 Real Estate Investment Managers data. Support data-driven decision-making

Download the complete 2025 survey dataset providing detailed information on 150 of the world’s largest real estate fund managers. Whether you are looking for data on competitors, clients or prospects this data will provide comprehensive insight into opportunities, challenges and market trends in the institutional real assets investment industry.

Real estate by region

Top 10 real estate investment managers by region

November/December 2025 (Magazine)

Investors get very close to their targets

Comparative value of Top 10 Office by region

Top 10 real estate investment managers: Offices

November/December 2025 (Magazine)

PIMCO leads with €42.5bn in assets globally

Comparative value of Top 10 Retail by region

Top 10 real estate investment managers: Retail

November/December 2025 (Magazine)

Nuveen leads with €21.8bn in assets globally

Comparative value of Top 10 Industrial by region

Top 10 real estate investment managers: Industrial

November/December 2025 (Magazine)

ESR leads with €107bn in assets globally

Comparative value of Top 10 Residential by region

Top 10 real estate investment managers: Residential

November/December 2025 (Magazine)

MetLife leads with €87.7bn in assets globally

Comparative value of Top 10 Core by region

Top 10 real estate investment managers: Core

November/December 2025 (Magazine)

UBS AM leads with €142bn in assets globally

Comparative value of Top 10 Value Add by region

Top 10 real estate investment managers: Value-add

November/December 2025 (Magazine)

BGO leads with €32.4bn in assets globally

Comparative value of Top 10 Opportunistic by region

Top 10 real estate investment managers: Opportunistic

November/December 2025 (Magazine)

ESR leads with €43.6bn in assets globally

Comparative value of Top 10 fund-of-funds managers

Top 10 real estate investment managers: Funds of funds and debt

November/December 2025 (Magazine)

UBS AM and MetLife lead with €48.6bn and €144bn, respectively