In this piece, we will take a look at the five most profitable real estate stocks now. For more real estate stocks, head on over to 12 Most Profitable Real Estate Stocks Now.
5. CK Asset Holdings Limited (HKG:1113.HK)
Trailing Twelve Month Net Income: $3.01 billion (1HKD = 0.13USD)
Number of Hedge Fund Holders in Q3 2022: N/A
CK Asset Holdings Limited (HKG:1113.HK) is an Asian property developer with a global footprint. It is headquartered in Central Hong Kong and primarily concerns itself with operating hospitality locations, developing residential properties, and leasing commercial properties such as offices and warehouses. CK Asset Holdings Limited (HKG:1113.HK) has operations in the U.S., China, Hong Kong, the U.K., Singapore, and several other countries.
CK Asset Holdings Limited (HKG:1113.HK) scored a big win in the Hong Kong property scene in February 2023 when it was able to buy 1.42 million square feet of land for a bargain price of $1.1 billion. The purchase came as property prices were dropping, and CK Asset Holdings Limited (HKG:1113.HK) is also required to build a nursing home and a childcare facility as part of the deal.
4. Sun Hung Kai Properties Limited (HKG:0016.HK)
Trailing Twelve Month Net Income: $3.25 billion (1HKD = 0.13USD)
Number of Hedge Fund Holders in Q3 2022: N/A
Sun Hung Kai Properties Limited (HKG:0016.HK) is a Chinese real estate company that develops and sells a wide variety of properties such as shopping malls, residential properties, office spaces, hotels, and more. It has more than a hundred million square feet of property in Mainland China and Hong Kong and is headquartered in Wan Chai, Hong Kong.
Sun Hung Kai Properties Limited (HKG:0016.HK) is one of the leading Hong Kong property developers when it comes to selling eco friendly properties – a feature that has let it generate over a billion dollars in revenue in Mai Po wetlands.
3. Prologis, Inc. (NYSE:PLD)
Trailing Twelve Month Net Income: $3.3 billion
Number of Hedge Fund Holders in Q3 2022: 59
Prologis, Inc. (NYSE:PLD) is an American real estate company that is based in San Francisco, California. The firm has almost a billion square feet of ventures, properties, and projects in more than a dozen countries.
One crucial market that Prologis, Inc. (NYSE:PLD) operates in is Japan, where its properties help with disaster relief operations. The firm expanded this recently by signing agreements with 11 cities for disaster relief. Insider Monkey’s Q3 2022 survey of 920 hedge funds revealed that 59 had held a stake in the company.
Prologis, Inc. (NYSE:PLD)’s largest investor is Jeffrey Furber’s AEW Capital Management which owns 2.8 million shares that are worth $316 million.
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2. Longfor Group Holdings Limited (HKG:0960.HK)
Trailing Twelve Month Net Income: $3.49 billion (1HKD = 0.13USD)
Number of Hedge Fund Holders in Q3 2022: N/A
Longfor Group Holdings Limited (HKG:0960.HK) is a diversified Chinese investment holding company that has several real estate divisions that develop, invest in, and manage properties. The firm concerns itself with developing and selling residential, corporate, and commercial properties.
Longfor Group Holdings Limited (HKG:0960.HK) is a rare Chinese property developer that has received funding from government banks to pay off foreign debts. The firm received a $100 million loan for this purpose by keeping its Chinese properties as collateral in December 2022.
1. China Overseas Land & Investment Limited (HKG:0688.HK)
Trailing Twelve Month Net Income: $5.26 billion (1HKD = 0.13USD)
Number of Hedge Fund Holders in Q3 2022: N/A
China Overseas Land & Investment Limited (HKG:0688.HK) is a holding company with real estate interests in China and the U.K. The firm builds and rents residential and commercial properties, alongside providing design consultancy services. It is headquartered in Central Hong Kong.
China Overseas Land & Investment Limited (HKG:0688.HK) won a major reprieve in February 2023 when Fitch reiterated the company’s debt rating to A- at a time when the Chinese real estate segment is suffering from a crisis of confidence.
Disclosure: None. You can also take a peek at Top 10 HR Companies in the World and 10 Hot Healthcare Stocks To Buy Now.
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