€175bn
Value of value add held by Global Top 10
Note: Rankings are based on the data IPE Real Assets received in its annual survey of real estate investment managers. Where managers did not provide the relevant data, they do not appear in the rankings
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
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Top 10 real estate investment managers: Value-add
