1 Welltower Inc. WELL $171.02B $237.34 +0.49% $1.17 US 2 Prologis, Inc. PLD $129.22B $138.49 +0.84% $1.15 US 3 Equinix, Inc. EQIX $102.74B $1,041.21 +0.50% $5.23 US 4 American Tower Corporation AMT $81.88B $175.73 −0.07% $0.12 US 5 Digital Realty Trust, Inc. DLR $70.11B $189.50 +0.59% $1.11 US 6 Simon Property Group, Inc. SPG $68.71B $211.88 +1.17% $2.44 US 7 Realty Income Corporation O $56.90B $61.02 −0.38% $0.23 US 8 Public Storage PSA $56.24B $301.60 −0.14% $0.41 US 9 Ventas, Inc. VTR $43.71B $89.90 −0.41% $0.37 US 10 Sun Hung Kai Properties Limited 0016.HK $43.35B $14.96 −2.09% $0.32 HK 11 CBRE Group, Inc. CBRE $41.20B $142.26 −3.78% $5.59 US 12 Goodman Group GMG.AX $40.32B $19.72 +0.72% $0.14 AU 13 Prologis Property Mexico, S.A. de C.V. FIBRAPL14.MX $36.46B $4.37 +0.79% $0.03 MX 14 Iron Mountain Incorporated IRM $34.54B $116.08 −0.67% $0.78 US 15 Crown Castle Inc. CCI $33.20B $75.97 +0.18% $0.14 US 16 Extra Space Storage Inc. EXR $29.40B $139.16 −0.06% $0.09 US 17 Mitsubishi Estate Co., Ltd. 8802.T $28.84B $23.97 +0.79% $0.19 JP 18 VICI Properties Inc. VICI $27.85B $25.29 −0.51% $0.13 US 19 China Resources Land Limited 1109.HK $27.45B $3.85 −0.85% $0.03 HK 20 Emaar Properties PJSC EMAAR.AE $26.71B $3.02 −0.36% $0.01 AE 21 Mitsui Fudosan Co., Ltd. 8801.T $26.35B $9.79 +0.07% $0.01 JP 22 Vivmark Residential VMRK $24.82B $66.19 +1.29% $0.84 US 23 CK Asset Holdings Limited 1113.HK $21.29B $6.08 +1.45% $0.09 HK 24 SBA Communications Corporation SBAC $20.01B $188.69 −0.40% $0.75 US 25 Sumitomo Realty & Development Co., Ltd. 8830.T $19.79B $21.42 +1.63% $0.34 JP 26 KE Holdings Inc. BEKE $19.08B $17.27 −3.63% $0.65 CN 27 Daiwa House Industry Co., Ltd. 1925.T $18.61B $30.04 −0.34% $0.10 JP 28 Vonovia SE VNA.DE $18.50B $21.80 +0.13% $0.03 DE 29 Hongkong Land Holdings Limited HKHGF $18.24B $8.56 +0.00% $0.00 BM 30 Swire Properties Limited 1972.HK $18.08B $3.14 −0.57% $0.02 HK 31 China Overseas Land & Investment Ltd. 0688.HK $17.99B $1.64 −0.92% $0.02 HK 32 Vantage Towers AG VTWR.HM $17.92B $42.08 −5.97% $2.67 DE 33 Essex Property Trust, Inc. ESS $17.83B $277.41 −0.43% $1.20 US 34 DLF Limited DLF.BO $17.42B $7.04 −1.25% $0.09 IN 35 SEGRO Plc SGRO.L $17.36B $12.83 +0.57% $0.07 GB 36 Annaly Capital Management, Inc. NLY $17.12B $22.72 −0.39% $0.09 US 37 Invitation Homes Inc. INVH $16.76B $28.22 −0.60% $0.17 US 38 Azrieli Group Ltd AZRG.TA $16.56B $132.97 −1.16% $1.56 IL 39 Weyerhaeuser Company WY $16.36B $22.69 −1.43% $0.33 US 40 Henderson Land Development Company Limited 0012.HK $16.31B $3.37 −0.90% $0.03 HK 41 Jones Lang LaSalle Incorporated JLL $16.20B $352.11 −2.83% $10.25 US 42 W. P. Carey Inc. WPC $16.07B $70.56 +0.26% $0.18 US 43 Kimco Realty Corporation KIM $16.02B $23.76 +0.66% $0.16 US 44 Unibail-Rodamco-Westfield SE URW.PA $15.92B $110.21 −0.86% $0.95 FR 45 Lamar Advertising Company LAMR $15.22B $149.94 −0.54% $0.82 US 46 Host Hotels & Resorts, Inc. HST $15.12B $22.07 +0.09% $0.02 US 47 Regency Centers Corporation REGCO $15.11B $22.30 −1.11% $0.25 US 48 Mid-America Apartment Communities, Inc. MAA $14.88B $127.89 −0.34% $0.43 US 49 Sun Communities, Inc. SUI $14.50B $117.65 −1.50% $1.79 US 50 CapitaLand Integrated Commercial Trust C38U.SI $14.39B $1.83 −1.28% $0.02 SG 51 Healthpeak Properties, Inc. DOC $14.14B $20.51 −0.68% $0.14 US 52 Emaar Development PJSC EMAARDEV.AE $14.11B $3.53 −0.15% $0.01 AE 53 Omega Healthcare Investors, Inc. OHI $14.07B $47.04 +1.42% $0.66 US 54 Scentre Group SCG.AX $13.11B $2.51 −1.28% $0.03 AU 55 Link Real Estate Investment Trust 0823.HK $12.99B $4.96 +0.41% $0.02 HK 56 Lodha Developers Limited LODHA.NS $12.68B $12.69 −0.73% $0.09 IN 57 Sino Land Company Limited 0083.HK $12.62B $1.32 −1.43% $0.02 HK 58 Swiss Prime Site AG SPSN.SW $12.57B $156.63 +1.52% $2.35 CH 59 Klépierre S.A. LI.PA $12.38B $43.17 +0.32% $0.14 FR 60 CoStar Group, Inc. CSGP $12.29B $30.34 −1.84% $0.57 US 61 AGNC Investment Corp. AGNC $12.26B $10.68 +0.28% $0.03 US 62 Wharf Real Estate Investment Company Limited 1997.HK $12.20B $4.02 +0.38% $0.02 HK 63 Equity LifeStyle Properties, Inc. ELS $12.00B $61.83 −0.95% $0.59 US 64 China Resources Mixc Lifestyle Services Limited 1209.HK $11.81B $5.17 −0.59% $0.03 CN 65 Gaming and Leisure Properties, Inc. GLPI $11.79B $41.62 −0.72% $0.30 US 66 American Homes 4 Rent AMH $11.60B $32.30 −0.52% $0.17 US 67 UDR, Inc. UDR $11.60B $36.11 −0.74% $0.27 US 68 American Healthcare REIT, Inc. AHR $11.29B $54.60 −0.22% $0.12 US 69 EastGroup Properties, Inc. EGP $10.77B $200.24 +0.82% $1.62 US 70 Camden Property Trust CPT $10.53B $104.71 −0.93% $0.98 US 71 BXP, Inc. BXP $10.48B $65.74 −2.88% $1.95 US 72 CapitaLand Investment Limited 9CI.SI $10.33B $2.07 +0.38% $0.01 SG 73 Zhejiang China Commodities City Group Co., Ltd. 600415.SS $10.26B $1.87 −1.80% $0.03 CN 74 Federal Realty Investment Trust FRT $10.13B $117.25 +0.14% $0.16 US 75 Plaza S.A. MALLPLAZA.SN $9.53B $4.35 +0.75% $0.03 CL 76 MERLIN Properties SOCIMI, S.A. MRL.LS $9.46B $15.28 +0.00% $0.00 ES 77 Poly Developments and Holdings Group Co., Ltd. 600048.SS $9.35B $0.78 −0.95% $0.01 CN 78 CareTrust REIT, Inc. CTRE $9.29B $39.32 +0.79% $0.31 US 79 China Merchants Shekou Industrial Zone Holdings Co., Ltd. 001979.SZ $9.19B $1.02 −1.73% $0.02 CN 80 CubeSmart CUBE $8.98B $39.66 +0.41% $0.16 US 81 Brixmor Property Group Inc. BRX $8.95B $29.15 +0.00% $0.00 US 82 Alexandria Real Estate Equities, Inc. ARE $8.85B $50.77 −3.57% $1.88 US 83 Central Pattana Public Company Limited CPN-R.BK $8.81B $1.96 +0.00% $0.00 TH 84 CapitaLand Ascendas REIT A17U.SI $8.81B $1.86 −0.84% $0.02 SG 85 Agree Realty Corporation ADC $8.74B $72.78 +0.22% $0.16 US 86 Hulic Co., Ltd. 3003.T $8.63B $11.37 +0.20% $0.02 JP 87 Lineage, Inc. LINE $8.62B $37.88 −0.76% $0.29 US 88 Rexford Industrial Realty, Inc. REXR $8.56B $37.43 +1.74% $0.64 US 89 NNN REIT, Inc. NNN $8.46B $44.45 −0.40% $0.18 US 90 PSP Swiss Property AG PSPN.SW $8.43B $183.80 +1.50% $2.72 CH 91 First Industrial Realty Trust, Inc. FR $8.18B $61.73 −0.19% $0.12 US 92 Vicinity Centres VCX.AX $8.03B $1.73 −1.84% $0.03 AU 93 Deutsche Wohnen SE DWNI.DE $7.79B $19.62 −0.71% $0.14 DE 94 Ctp N.V. CTPNV.AS $7.70B $15.88 −0.29% $0.05 NL 95 SM Prime Holdings, Inc. SPHXF $7.65B $0.27 +0.00% $0.00 — PH 96 Ryman Hospitality Properties, Inc. RHP $7.61B $120.66 −2.29% $2.83 US 97 CPI Property Group O5G.DE $7.59B $0.85 +0.00% $0.00 LU 98 Stockland SGP.AX $7.42B $3.05 −1.05% $0.03 AU 99 Wharf (Holdings) Limited 0004.HK $7.38B $2.41 −0.47% $0.01 HK 100 STAG Industrial, Inc. STAG $7.24B $37.56 −0.32% $0.12 US 101 The Phoenix Mills Limited PHOENIXLTD.NS $7.08B $19.79 −0.47% $0.09 IN 102 Oberoi Realty Limited OBEROIRLTY.BO $7.04B $19.28 −0.43% $0.08 IN 103 Terreno Realty Corporation TRNO $7.02B $66.05 +0.61% $0.40 US 104 The Macerich Company MAC $7.02B $23.58 +1.46% $0.34 US 105 Prestige Estates Projects Limited PRESTIGE.NS $7.01B $16.28 −1.17% $0.19 IN 106 Nippon Building Fund Incorporation 8951.T $6.96B $789.52 −0.08% $0.65 JP 107 Daito Trust Construction Co.,Ltd. 1878.T $6.95B $21.37 −0.06% $0.01 JP 108 Shanghai Zhangjiang Hi-Tech Park Development Co., Ltd. 600895.SS $6.73B $4.35 −2.28% $0.10 CN 109 Melisron Ltd. MLSR.TA $6.73B $141.05 −0.96% $1.36 IL 110 Healthcare Realty Trust Incorporated HR $6.69B $19.06 −0.31% $0.06 US 111 Fibra UNO FUNO11.MX $6.68B $1.75 +1.16% $0.02 MX 112 Brookfield Property Partners L.P. BPYPP $6.67B $15.90 −1.30% $0.21 BM 113 NEPI Rockcastle N.V. NRP.AS $6.66B $9.41 −0.49% $0.05 NL 114 Land Securities Group plc LAND.L $6.65B $8.92 −0.68% $0.06 GB 115 Vornado Realty Trust VNO $6.63B $35.26 −3.63% $1.33 US 116 Fastighets AB Balder (publ) BALD-B.ST $6.60B $5.64 −0.15% $0.01 SE 117 AB Sagax (publ) SAGA-A.ST $6.58B $18.14 −0.57% $0.10 SE 118 Janus Living, Inc. JAN $6.57B $30.97 +0.58% $0.18 US 119 Umm Al Qura for Development and Construction Co. 4325.SR $6.54B $4.55 −0.06% $0.00 SA 120 Compass, Inc. COMP $6.54B $10.75 −3.33% $0.37 US 121 Essential Properties Realty Trust, Inc. EPRT $6.46B $29.89 +0.84% $0.25 US 122 Iguatemi S.A. IGTI11.SA $6.42B $5.19 +0.04% $0.00 BR 123 FirstService Corporation FSV $6.39B $138.86 −3.64% $5.25 CA 124 Covivio COV.PA $6.31B $56.98 +0.49% $0.28 FR 125 Charter Hall Group CHC.AX $6.28B $13.27 −1.58% $0.21 AU 126 The GPT Group GPT.AX $6.24B $3.26 −0.44% $0.01 AU 127 Castellum AB (publ) CAST.ST $6.24B $13.76 −0.49% $0.07 SE 128 Mega Or Holdings Ltd MGOR.TA $6.16B $161.43 −1.58% $2.59 IL 129 Ezdan Holding Group Q.P.S.C. ERES.QA $6.09B $0.23 +1.09% $0.00 QA 130 Tokyu Fudosan Holdings Corporation 3289.T $6.02B $8.45 +0.42% $0.04 JP 131 PT Pantai Indah Kapuk Dua Tbk PANI.JK $6.02B $0.33 −0.85% $0.00 ID 132 Godrej Properties Limited GODREJPROP.NS $6.00B $19.93 −0.91% $0.18 IN 133 Warehouses De Pauw WDP.BR $5.99B $24.90 +0.75% $0.19 BE 134 BIG Shopping Centers Ltd BIG.TA $5.92B $229.93 −2.61% $6.15 IL 135 City Developments Limited C09.SI $5.89B $6.59 −0.60% $0.04 SG 136 Starwood Property Trust, Inc. STWD $5.89B $15.88 −1.24% $0.20 US 137 UOL Group Limited U14.SI $5.88B $6.94 +0.00% $0.00 SG 138 Gecina S.A. GFC.PA $5.81B $78.40 −0.07% $0.06 FR 139 LondonMetric Property Plc LMP.L $5.79B $2.47 −0.27% $0.01 GB 140 British Land Company PLC BLND.L $5.75B $5.61 −0.77% $0.04 GB 141 China Vanke Co., Ltd. 000002.SZ $5.69B $0.48 −2.14% $0.01 CN 142 Dar Al Arkan Real Estate Development Company 4300.SR $5.63B $5.21 +0.20% $0.01 SA 143 Tritax Big Box REIT plc BBOX.L $5.61B $2.07 −0.46% $0.01 GB 144 Longfor Group Holdings Limited LNGPF $5.60B $0.82 +0.00% $0.00 — CN 145 Rithm Capital Corp. RITM $5.56B $9.95 −1.29% $0.13 US 146 Open House Group Co., Ltd. 3288.T $5.42B $49.09 −0.55% $0.27 JP 147 Japan Real Estate Investment Corporation 8952.T $5.41B $742.73 −0.17% $1.30 JP 148 Shanghai Lujiazui Finance & Trade Zone Development Co., Ltd. 600663.SS $5.34B $1.36 +0.66% $0.01 CN 149 Knowledge Realty Trust KRT.BO $5.30B $1.20 −0.15% $0.00 IN 150 IOI Properties Group Berhad 5249.KL $5.24B $0.95 −0.51% $0.00 MY