3289 Tokyu Fudosan Holdings
Revenue is led by Urban Development (32%) and Real Estate Agents (29%), with 2 more segments behind.
Owner earnings not read
Retained capital not read
Balance sheet Heavy net debt, ¥1.62T
← The groupings the Real Estate Development & Services table →
Real Estate Development & Services
37 members, 3289 to VTMX, A to Z by ticker.
- Gross profitability
- median 3% — gross profit as a share of total assets, each member's median across its readable years; read on 2 of 37 members
- Capital intensity
- median 19.5% — capital expenditure as a share of revenue, each member's median across its readable years; read on 5 of 37 members
- Net cash
- 0 of the 7 members with a readable debt line hold more cash and short-term investments than total debt
Figures describe the list as a group, from each member's own filed record; they name no member and form no rank. A member missing an input is absent from that median, never counted against the others.
From the latest filings · data as of August 17, 2026.
8801 Mitsui Fudosan
Revenue is led by Leasing (35%) and Property Sales (27%), with 2 more segments behind.
Owner earnings 2017–2026 ¥156.1B(¥40.0B)¥137.7B(¥4.3B)¥89.7B¥160.0B¥172.4B¥108.0B¥458.7B(¥5.7B)
Retained capital Retained ¥1.08T of earnings over 2017–2026; annual owner earnings grew ¥102.4B, ¥0.09 per ¥1 retained.
Balance sheet Heavy net debt, ¥4.57T · dividend paid 10 of 10 yrs, cut at least once
8802 Mitsubishi Estate
A capital-intensive business, run on heavy physical assets that must be kept working and earn a return above what they cost to maintain.
Owner earnings 2017–2026 ¥92.6B¥215.8B¥265.6B¥256.8B¥118.3B¥188.5B¥176.5B¥208.9B¥222.9B¥400.9B
Retained capital Retained ¥697.9B of earnings over 2017–2026; annual owner earnings grew ¥86.2B, ¥0.12 per ¥1 retained.
Balance sheet Heavy net debt, ¥3.29T · dividend paid 10 of 10 yrs, never cut
8804 Tokyo Tatemono
A diversified business; where the profit really comes from, and whether it is earned or bought, is what the segment detail settles.
Owner earnings not read
Retained capital not read
Balance sheet Heavy net debt, ¥1.19T
8830 Sumitomo Realty & Development
Revenue is led by Real Estate Leasing (43%) and Real Estate Selling (31%), with 3 more segments behind.
Owner earnings 2017–2026 (¥96.4B)(¥30.1B)¥71.5B(¥39.9B)(¥129.5B)¥13.4B(¥284.2B)¥43.6B¥87.7B(¥18.4B)
Retained capital Retained ¥1.25T of earnings over 2017–2026; annual owner earnings grew ¥56.0B, ¥0.04 per ¥1 retained.
Balance sheet Heavy net debt, ¥3.74T · dividend paid 10 of 10 yrs, never cut
AGNT AGNT Inc.
AGNT Inc. operates its business through three reportable segments: North American Realty, International Realty, and Other Affiliated Services.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · buybacks at an average near $15.66 · dividend paid 5 of 10 yrs, never cut
ARL American Realty Investors Inc.
American Realty Investors Inc. is a fully integrated externally managed real estate company.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
ASPS Altisource Portfolio Solutions S.A.
Altisource is an integrated service provider and marketplace for the real estate and mortgage industries.
Owner earnings 2016–2025 $104M$56M$64M$45M($25M)($62M)($46M)($22M)($5M)($5M)
Retained capital Paid out $312M more than it earned over 2016–2025; annual owner earnings fell $85M.
Balance sheet Heavy net debt, $164M
BEKE KE Holdings Inc
Revenue is led by New home transaction services (32%) and Existing home transaction services (26%), with 3 more segments behind.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · dividend paid 3 of 8 yrs, never cut
BN BROOKFIELD CORPORATION
We offer our clients a large and growing number of investment products to assist them in achieving their financial goals, providing a diverse set of long-term and perpetual private funds and dedicated public vehicles across each of the asset classes in which we invest and spanning various investment strategies.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · dividend paid 10 of 10 yrs, cut at least once
BNH BROOKFIELD CORPORATION
We offer our clients a large and growing number of investment products to assist them in achieving their financial goals, providing a diverse set of long-term and perpetual private funds and dedicated public vehicles across each of the asset classes in which we invest and spanning various investment strategies.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · dividend paid 10 of 10 yrs, cut at least once
BNJ BROOKFIELD CORPORATION
We offer our clients a large and growing number of investment products to assist them in achieving their financial goals, providing a diverse set of long-term and perpetual private funds and dedicated public vehicles across each of the asset classes in which we invest and spanning various investment strategies.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · dividend paid 10 of 10 yrs, cut at least once
BOC Boston Omaha Corporation
A property business, read on funds from operations and net asset value rather than reported earnings.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
BPYPM Brookfield Property Partners L.P.
Revenue is led by LP Investments (51%) and Office (26%), with 2 more segments behind.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · dividend paid 10 of 10 yrs
BPYPN Brookfield Property Partners L.P.
Revenue is led by LP Investments (51%) and Office (26%), with 2 more segments behind.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · dividend paid 10 of 10 yrs
BPYPO Brookfield Property Partners L.P.
Revenue is led by LP Investments (51%) and Office (26%), with 2 more segments behind.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · dividend paid 10 of 10 yrs
BPYPP Brookfield Property Partners L.P.
Revenue is led by LP Investments (51%) and Office (26%), with 2 more segments behind.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · dividend paid 10 of 10 yrs
CBRE CBRE Group Inc Common Stock Class A
CBRE gets paid to handle commercial real estate for the people who own it and the companies that occupy it. The bulk of the work is running buildings and managing projects under outsourcing contracts; alongside that, it brokers leases and property sales, arranges financing, and invests in real estate on behalf of others. It collects fees and management charges rather than owning the property itself.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
CIGI Colliers International Group Inc.
Colliers is one of the world's largest commercial real estate services providers offering a full range of commercial real estate services in the United States, Canada, Australia, the United Kingdom, Germany, New Zealand, China and several other countries in Asia, Europe and Latin America.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · dividend paid 10 of 10 yrs, never cut
COMP Compass Inc.
Our technology offerings provide a strong foundation for real estate professionals and empower them to deliver exceptional service to their clients, grow their businesses, save time, and manage their businesses more effectively.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
CRESY Cresud S.A.C.I.F. y A.
Cresud is an Argentine company that owns and leases farmland in Argentina, where it grows crops and raises cattle and sells the harvest into world commodity markets. Alongside the farming it develops and sells parcels of that land, and it controls a separate business that holds urban real estate. The money comes from selling produce at prices it does not set, from gains booked when land changes hands, and from rents — all earned and reported in Argentine pesos.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · dividend paid 4 of 4 yrs
CWK Cushman & Wakefield Ltd.
Cushman & Wakefield Ltd. is a leading global commercial real estate services firm driven to solve complex problems for real estate occupiers and investors.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
DUO Fangdd Network Group Ltd.
A property business, read on funds from operations and net asset value rather than reported earnings.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
FOR Forestar Group Inc Common Stock
Forestar Group Inc. is a national, well-capitalized residential lot development company focused primarily on making investments in land acquisition and development to sell finished single-family residential lots to homebuilders.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
FSV FirstService Corporation
FirstService is the North American leader in residential property management and other essential property services to residential and commercial customers.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · dividend paid 10 of 10 yrs, never cut
GDS GDS Holdings Limited ADS
A software business, earning high margins on code once it is written.
Owner earnings 2016–2025 (CN¥356M)(CN¥546M)(CN¥754M)(CN¥849M)(CN¥1.3B)(CN¥1.4B)(CN¥311M)(CN¥1.1B)(CN¥1.2B)(CN¥94M)
Retained capital Paid out CN¥4.6B more than it earned over 2016–2025; annual owner earnings fell CN¥266M.
Balance sheet Net debt against an operating loss, CN¥11.6B
IRS IRSA Investments and Representations Inc.
IRSA is an Argentine real estate company. It owns and rents out shopping malls and other commercial property, and it develops and sells real estate, including housing. Its money comes from rent paid by tenants, from selling developed property, and from changes in the appraised value of the buildings it holds.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · dividend paid 6 of 6 yrs, cut at least once
JLL Jones Lang LaSalle Incorporated
Revenue is led by Real Estate Management Services (77%) and Leasing Advisory (12%), with 2 more segments behind.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
MMI Marcus & Millichap Inc.
Marcus & Millichap Inc. is a leading national real estate services firm specializing in commercial real estate investment sales, financing services, research and advisory services.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · buybacks at an average near $33.62 · dividend paid 4 of 10 yrs, cut at least once
NMRK Newmark Group Inc.
Newmark is a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · dividend paid 1 of 10 yrs, cut at least once
OPEN Opendoor Technologies Inc
A property business, read on funds from operations and net asset value rather than reported earnings.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
OPENW Opendoor Technologies Inc Series K
A property business, read on funds from operations and net asset value rather than reported earnings.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
OPI Office Properties Income Trust
We are a real estate investment trust, or REIT, formed in 2009 under Maryland law.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · buybacks at an average near $88.80 · dividend paid 7 of 7 yrs, cut at least once
REAX The Real Brokerage Inc.
Revenue is led by North American Brokerage (99%) and One Real Mortgage (0%), with 2 more segments behind.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · dividend paid 1 of 5 yrs, never cut
RITR Reitar Logtech Holdings Limited
Revenue is Construction and engineering services (96%) and Asset management and professional consultancy services (4%).
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
VAC Marriott Vacations Worldwide Corporation
We are a leading global vacation company that offers vacation ownership, exchange, rental and resort and property management, along with related businesses, products and services.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · dividend paid 10 of 10 yrs, cut at least once
VTMX Vesta Real Estate Corporation, S.A.B. de C.V.
A property business, read on funds from operations and net asset value rather than reported earnings.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · dividend paid 5 of 5 yrs, cut at least once
The same shelf as one comparative table, every member a row and every column sortable: the Real Estate Development & Services table →
The same four lines for every member, in strict ticker order; a figure that could not be read renders as "not read," never as a mark against the record beside it. The header describes the list and names no member; the entries carry no ranking and form no score. What a chapter cannot carry — understanding of the business, and a price — is yours.