The top three property fund managers in Europe in terms of AUM are AXA Investment Managers - Real Assets with over 60bn followed by Blackstone with over 50bn, with third, fourth and fifth place taken up by Credit Suisse, Aberdeen Standard Investments and CBRE Global Investors, each with around 50bn worth of assets under management. Union Investment Real Estate and Patrizia Immobilien are in seventh and eighth place with AUM of around 40bn each.