Metro Building — (Photo : Photo by Skilzhou form PxHere)

Commercial real estate is among the sectors heavily impacted by the coronavirus pandemic. With empty offices and malls, and the global health crisis still far from being over, the road to recovery for the commercial real estate sector will be long and hard. However, large real estate companies are in a better position to turn the tide and assist retail companies as they make their way back up to recovery.

Top Real Estate Companies in the World

As for the publicly-held real estate companies in the world in 2020, the top ten include Brookfield Asset Management, American Tower Corporation, Prologis, Simon Property Group, Link Real Estate Investment Trust, Equinix, Equity Residential, Digital Realty Trust, Welltower, and Public Storage.

Brookfield Asset Management

Among these companies is Brookfield Asset Management. As cited by Forbes, Brookfield Asset Management will invest in a $5-billion revitalization program aimed at helping medium-sized companies that have been operating for two years or more and with $250 million or greater normalized revenues, "get back on their feet."

The company believes that helping these medium-sized companies and entrepreneurs is a critical element of economic recovery, Managing Partner and Brookfield Private Equity Group Vice Chairman, Ron Bloom said.

Brookfield Asset Management is Forbes' Global 2000 top ranking publicly-held real estate company with the most assets and highest revenue, as well as being the second-highest in profits, and fourth in market capitalization.

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The past months saw global companies being upended with a majority of companies seeing a large drop in their market value, save for major e-commerce companies like Amazon and Alibaba, and business communication companies such as Zoom and Slack, the Forbes report said.

Top-ranked Brookfield Asset Management, Canada has a total sales of $69.1 billion and a profit of $2.8 billion with assets totaling $323.969 billion and a market value of $51.279 billion.

American Tower Corporation

Following Brookefield Asset Management is American Tower Corporation, United States. They recorded a total sales of $7.76 billion for a total profit of $1.905 billion. Their total assets amounted to $40.789 billion, with a market value of $105.507 billion.

Prologis

On the third spot is Prologis, United States. Their total sales amount to $3.537 billion, with a total profit of $1.715 billion. Total assets total is $55.007 billion, while market value is estimated to be $65.949 billion.

Simon Property Group

Next is Simon Property Group, United States. Their total sales amounted to $5.674 billion, and the total profit is $2.087 billion. Assets total is $31.232 billion, with a market value of $20.406 billion.

Link Real Estate Investment Trust

Rounding out the top five is Link Real Estate Investment Trust, Hong Kong. Their total sales amounted to $1.348 billion, and profit is $2.277 billion. Their total recorded assets amount to $29.582 billion, while the market value is estimated to be $18.476 billion.

To compile the Global 2000 list, Forbes considered data from FactSet Research systems and ranked the companies based on four metrics, which are sales, profits, assets, and market value (calculation as of April 30, 2020).

Four separate 2000 lists with a minimum cutoff value are first created in each of the metrics. A company needs to be in at least one of these lists to be eligible for the Global 2000 ranking. For more of Forbes Global 2000 ranking, click here.