Euromoney magazine’s ninth annual Real Estate Survey canvassed the opinions of real estate advisers, developers, investment managers, corporate end-users and banks worldwide. We asked respondents which firms they thought were the best providers of real estate products and services in their market over the past 12 months. The survey was filled in at country level and had two distinct components: Part A (performance figures) and Part B (nominations).
In Part A, we asked the respondents to provide a few essential figures outlining their firm’s size and performance over the past 12 months. Firms providing this basic data were awarded points in their category on a pro-rata basis as outlined further below.
In Part B of the survey we asked the respondents to nominate the companies that they thought were best, second and third at providing various real estate products and services in their country over the past 12 months. We awarded four, three and two points respectively to each of those nominations in that category and country. We also awarded a small number of participation points to the respondent’s own firm for each completed survey (maximum of three respondents per company, per country) when they nominated their peers. The overall category results were produced by aggregating the nominations from Part B, the points from Part A, and the participation points. Global and regional results are aggregates of country results.
The survey was conducted from March 7 to June 4 2013. We received 775 Part A and 1,361 Part B responses, an 11% overall increase on the 663 Part A and 1,253 Part B responses in 2011.
How Part A was scored to contribute to country scores
First, we calculated the total Part A score for each overall category – this was equal to one-third of its total Part B score. For example, if in a country we received 750 points from Part B nominations for the best developer overall category, we awarded a total of 250 points to the developer firms that submitted their Part A data for that country. We then apportioned the Part A points equally between all the scored questions (various numbers of questions are scored for the different participant types). Finally, we calculated each respondent firm’s Part A score, for each question, on a pro rata basis (ie, according to their figure’s share in the total for that question).
Part A points were awarded only to firms that received at least one valid vote in the country. Any individual firm’s Part A score was limited to a maximum of one-third of its Part B score from nominations.
How Part B was scored to contribute to country scores
For each company nominated we awarded points as follows:
1st place – 4 points
2nd place – 3 points
3rd place – 2 points
When voters nominated their competitors, their own firm was also awarded participation points in their overall category score. These participation points were limited to a maximum of 18 per company, per country.
Voting companies were allowed to provide up to three Part B responses in each country.
Please e-mail Kalin Trifonov (ktrifonov@euromoney.com) if you have any questions about the survey.