NAIC 531120

Lessors of Nonresidential Buildings (Except Mini-warehouses)

How the companies in this industry began, and the forces that shaped them.

28companies1851–2001founding years28still active0no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironmentHistory
1903
TechnologyThe Wright brothers achieve powered flight.
1914
EconomyWorld War I begins; global trade reorders.
1929
EconomyThe stock market crashes; the Great Depression spreads worldwide.
1939
EconomyWorld War II begins; wartime production surges.
1945
EconomyThe war ends; a long global expansion begins.
1947
TechnologyThe transistor is invented.
1958
TechnologyThe integrated circuit is demonstrated.
1962
EnvironmentSilent Spring launches the modern environmental movement.
1971
EconomyThe dollar leaves the gold standard; currencies float.
1973
EconomyThe OPEC oil embargo triggers a global shock.
1975
TechnologyThe personal-computer era begins.
1979
EconomyA second oil crisis drives inflation higher worldwide.
1981
TechnologyThe IBM PC launches and sets a standard.
1984
TechnologyApple ships the Macintosh; the GUI era begins.
1987
EconomyBlack Monday: markets fall sharply around the world.
1989
HistoryThe Berlin Wall falls; global markets open up.
1991
TechnologyThe World Wide Web is released to the public.
1993
TechnologyThe Mosaic browser brings the web to everyone.
1995
TechnologyWindows 95 launches; the internet goes mainstream.
1997
EconomyThe Asian financial crisis rattles global markets.
EnvironmentThe Kyoto Protocol sets the first climate targets.
2000
EconomyThe dot-com bubble bursts.
2004
TechnologySocial media and Web 2.0 take hold.
2007
TechnologyThe iPhone launches the smartphone era.
2008
EconomyThe global financial crisis freezes credit worldwide.
2010
TechnologyCloud computing goes mainstream for business.
2015
EnvironmentThe Paris Agreement sets global climate targets.
2020
EconomyThe COVID-19 pandemic upends the global economy.
2022
EconomyInflation spikes; central banks raise rates sharply.
2023
TechnologyGenerative AI reaches mainstream business use.
§ 02

The companies

Groupe Louis Dreyfus S.A.
Active · founded 1851 · France
Groupe Louis Dreyfus S.A.
British Land Plc
Active · founded 1856 · United Kingdom
British Land Plc is the second largest property investment company in the United Kingdom, behind Land Securities Plc.
Hongkong Land Holdings Limited
Active · founded 1889 · Hong Kong
Hongkong Land Holdings Limited is one of Hong Kong's foremost property investment, development, and management…
Alexander & Baldwin, Inc.
Active · founded 1900
Alexander & Baldwin, Inc., one of the original 'Big Five' Hawaiian companies, is a diversified corporation with…
Land Securities PLC
Active · founded 1905 · United Kingdom
Unlike most of its competitors, Land Securities PLC has achieved and maintained its position as the United Kingdom's…
Taylor Woodrow plc
Active · founded 1921 · United Kingdom
Taylor Woodrow plc is a major U.K.-based home builder and property developer and lessor.
Rockefeller Group International Inc.
Active · founded 1928
Rockefeller Group International Inc., which does business as The Rockefeller Group, is no longer linked to the…
Mitsubishi Estate Company, Limited
Active · founded 1937 · Japan
A unit of the Mitsubishi Group, Mitsubishi Estate Company, Limited (MEC) is one of the foremost real estate management,…
IRSA Inversiones y Representaciones S.A.
Active · founded 1943 · Argentina
In the space of less than a decade--the 1990s--IRSA Inversiones y Representaciones S.A.
Trammell Crow Company
Active · founded 1948
Trammell Crow Company is one of the world's largest real estate management companies.
Sapporo Breweries Limited
Active · founded 1949 · Japan
Over the course of its more than 120-year history, Sapporo Breweries Limited has evolved from a government-owned beer…
The Rouse Company
Active · founded 1954
One of the largest publicly held real estate development and management firms in the United States, The Rouse Company…
Silverstein Properties, Inc.
Active · founded 1957
Silverstein Properties, Inc.
Lend Lease Corporation Limited
Active · founded 1958 · Australia
Lend Lease Corporation Limited, one of Australia's top public companies, is a leading integrated global real estate…
Forest City Enterprises, Inc.
Active · founded 1960
Late 1920s:[fsps*2.5]Charles and Leonard form B & F Building Co.
Genting Bhd.
Active · founded 1965 · Malaysia
Genting Bhd.
AEON Co., Ltd.
Active · founded 1969 · Japan
Formerly known as JUSCO AEON Co., Ltd.
New World Development Company Limited
Active · founded 1970 · Hong Kong
Since its founding in 1970, New World Development Company Limited has been a leader in Hong Kong's bustling commercial…
Sealaska Corporation
Active · founded 1971
A Native-owned corporation with more than 16,500 shareholders, Sealaska Corporation is the largest private landholder…
Empresas Almacenes Paris S.A.
Active · founded 1973 · Chile
Empresas Almacenes Paris S.A.
The Trump Organization
Active · founded 1974
The Trump Organization presides over the assets of the Trump family and serves as the umbrella for the many business…
Henderson Land Development Company Ltd.
Active · founded 1976 · Hong Kong
Henderson Land Development Company Ltd.
Cencosud S.A.
Active · founded 1978 · Chile
Cencosud S.A.
Tishman Speyer Properties, L.P.
Active · founded 1978
Tishman Speyer Properties, L.P.
Parque Arauco S.A.
Active · founded 1981 · Chile
Parque Arauco S.A.
Distribución y Servicio D&S S.A.
Active · founded 1985 · Chile
Distribución y Servicio D&S S.A.
Chelsfield PLC
Active · founded 1986 · United Kingdom
Chelsfield PLC is one of the United Kingdom's major property development groups.
Reading International Inc.
Active · founded 2001
Reading International Inc., is focused on the ownership and development of real estate assets, concentrating its…
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