Real estate business has been around for a long time and has been one of the most profitable businesses in the world. The business mainly includes dealing in the property: be it barren land, farm or buildings. Though there is quite a risk in the business, if done correctly, profits are high. Many have become millionaires, if not billionaires, by investing in real estate.
Over the course of many years, many firms and companies have come up in the real estate field and some have risen to the top by investing in profitable properties. Here are some of the top real estate companies in the world in 2018.
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10. NAI Global
The first on the list is NAI global which is a global firm dealing in real estate brokerage. They manage a large property of around four hundred and twenty-five million square feet and maintains its business through four hundred offices present worldwide from Europe to America to Asia and is currently headquartered in Princeton, New Jersey, United States of America. The company was founded by Gerald Finn in the year 1978. They have worked with big names like Nike and Coca-Cola.
9. Marcus and Millichap
The Marcus and Millichap company was founded in the year 1971 by George M. Marcus. The company specialises in real estate investment and real estate brokerage. In the year 2014, they have had around thirty-three billion dollars in the transaction by conducting around 7,700 deals. By the year 2016, Marcus and Millichap have closed around more than forty billion dollars’ worth of deals. They have around seventy offices spread across the United States and Canada.
8. Newmark Grubb Knight Frank
The Newmark Grubb Knight Frank is one of the oldest companies in the real estate business and was founded in the year 1929. The company has an international reach with its regional office in Hong Kong. Newmark Grubb Knight Frank manages over more than two hundred and fifty million square feet of land and is currently a leading firm in its domain. The company is headquartered in New York City in the United States and provides a wide range of services in the real estate field.
7. Cushman and Wakefield
Cushman and Wakefield is another company on the list which started way back. The company was established more than a century ago and is currently an international real estate firm which has its HQ at Chicago, Illinois, United States. The company has a worldwide reach which spans across seventy countries and employs more than forty-five thousand people. The company is one of the biggest names when it comes to real estate business and generates a revenue of around six billion dollars.
6. CBRE Group
The CBRE group is a multinational firm in the field of real estate business which was founded more than a century ago in the year 1906 and is currently headquartered in Los Angeles, California. The company has its presence in around ninety countries and has more than 450 offices. The company provides its services in property management and brokerage and has more than seventy-five thousand employees working to maintain the business. The company generates annual revenue of about $13 billion.
5. Sperry Van Ness
First on the list is Sperry Van Ness popularly known by its acronym SVN. The company was founded in the year 1987 and was aimed at improving the then condition of the real estate industry. They wanted to work in a way that the stakeholders would be treated in a positive way and the company would not back from cooperation. That was then, now the company is a million dollar one and has become globally recognised in the field of real estate business. The company at its start had seven offices and now conducts its business through 190 offices.
HFF Inc. is a real estate company providing brokerage. The company was established in the year 1998 and was headquartered in Dallas, Texas. In the year 1999, the company was sold for a whopping $228 million. Holliday Fenoglio Flower is the full name of the company and it specialises in real estate structures. The company is handled by 819 employees via twenty-three offices and generates revenue of about $517 million.
3. Eastdil Secured
Eastdil Secured was founded in the year 1967 and has become one of the biggest names in the field of real estate business. They have been one of the most experienced firms and have been one of the pioneers in this field and have some real knowledge of the market which allows them to provide their customers the best deals and returns on their investment. The company had been in this business for the past fifty decades and in the year 2005 had completed more than one trillion dollars of the transaction.
2. Colliers International
Colliers International is an international firm in the real estate business and has its span across more than sixty countries in the world. The company maintains its business through fifteen thousand employees with around five hundred offices worldwide. The company was founded in the year 1974 and today has become one of the top names in the real estate industry generating around two billion dollars in revenue.
JLL was formed in the year 1999 and has become one of the largest firms in the world when it comes to real estate business with its current headquarters in Illinois, United States. The company employs around sixty thousand people worldwide and is an internationally recognised name in this field. The company generates a whopping six billion dollars as its annual revenue.
Investment means spending money on something which will return, or rather produce, some profit in the coming time. One of the best investments on earth is earth itself. We call this real estate. Real estate is the investment in land, farm, building etc. It has been one of the most popular and oldest businesses and has been the most profitable. One can earn millions of dollars if one can invest in such property. Over the years there have been many companies who have been in the Real Estate business. Some of them have earned a great profit over the course of time and have come to the top of their game and have become well-established names in the field of real estate business.