1 Welltower Inc. WELL $171.01B $237.32 −0.03% $0.08 US 2 Prologis, Inc. PLD $120.17B $126.45 −0.17% $0.21 US 3 Equinix, Inc. EQIX $94.23B $955.03 +0.25% $2.41 US 4 American Tower Corporation AMT $88.05B $188.97 +4.08% $7.40 US 5 Simon Property Group, Inc. SPG $68.47B $211.63 −0.19% $0.41 US 6 Digital Realty Trust, Inc. DLR $63.95B $172.37 +0.84% $1.43 US 7 Public Storage PSA $57.90B $309.89 +0.25% $0.76 US 8 Realty Income Corporation O $53.83B $56.89 −0.30% $0.17 US 9 Ventas, Inc. VTR $44.52B $86.80 −0.22% $0.19 US 10 Sun Hung Kai Properties Limited 0016.HK $38.98B $13.45 +1.34% $0.18 HK 11 Crown Castle Inc. CCI $37.57B $85.97 +9.05% $7.14 US 12 Goodman Group GMG.AX $36.54B $17.78 −3.62% $0.67 AU 13 Prologis Property Mexico, S.A. de C.V. FIBRAPL14.MX $36.11B $4.33 +2.28% $0.10 MX 14 CBRE Group, Inc. CBRE $35.70B $123.30 −6.05% $7.94 US 15 Iron Mountain Incorporated IRM $32.74B $109.96 −0.63% $0.70 US 16 Extra Space Storage Inc. EXR $30.30B $143.41 +0.15% $0.22 US 17 Mitsubishi Estate Co., Ltd. 8802.T $29.75B $24.73 +2.76% $0.66 JP 18 Mitsui Fudosan Co., Ltd. 8801.T $27.16B $10.09 +2.23% $0.22 JP 19 China Resources Land Limited 1109.HK $26.82B $3.76 +0.27% $0.01 HK 20 Emaar Properties PJSC EMAAR.AE $26.81B $3.03 −2.11% $0.07 AE 21 VICI Properties Inc. VICI $26.16B $23.76 −1.08% $0.26 US 22 Vivmark Residential VMRK $23.63B $63.03 −0.85% $0.54 US 23 Vantage Towers AG VTWR.HM $21.08B $41.68 −0.01% $0.01 DE 24 KE Holdings Inc. BEKE $19.76B $17.08 −0.93% $0.16 CN 25 CK Asset Holdings Limited 1113.HK $19.69B $5.63 +0.09% $0.01 HK 26 Sumitomo Realty & Development Co., Ltd. 8830.T $19.62B $21.24 +2.65% $0.55 JP 27 SBA Communications Corporation SBAC $19.60B $184.75 +3.57% $6.36 US 28 Daiwa House Industry Co., Ltd. 1925.T $18.19B $14.68 +1.01% $0.15 JP 29 Essex Property Trust, Inc. ESS $17.89B $278.35 −1.45% $4.10 US 30 Swire Properties Limited 1972.HK $17.68B $3.07 +0.42% $0.01 HK 31 Hongkong Land Holdings Limited H78.SI $17.47B $8.20 +1.23% $0.10 BM 32 China Overseas Land & Investment Ltd. 0688.HK $17.39B $1.59 +0.40% $0.01 HK 33 DLF Limited DLF.NS $17.13B $6.92 −0.94% $0.07 IN 34 Host Hotels & Resorts, Inc. HST $16.94B $24.72 −0.60% $0.15 US 35 Henderson Land Development Company Limited 0012.HK $16.88B $3.49 +1.64% $0.06 HK 36 SEGRO Plc SGRO.L $16.43B $12.15 +0.44% $0.05 GB 37 Invitation Homes Inc. INVH $16.27B $27.54 +0.04% $0.01 US 38 Kimco Realty Corporation KIM $15.84B $23.62 +0.13% $0.03 US 39 Vonovia SE VNA.F $15.78B $18.60 +0.12% $0.02 DE 40 Lamar Advertising Company LAMR $15.74B $155.02 −1.58% $2.49 US 41 Azrieli Group Ltd AZRG.TA $14.88B $119.49 −0.75% $0.90 IL 42 Sun Communities, Inc. SUI $14.65B $120.24 +0.32% $0.38 US 43 Unibail-Rodamco-Westfield SE URW.PA $14.59B $100.96 −0.02% $0.02 FR 44 W. P. Carey Inc. WPC $14.56B $63.90 −0.99% $0.64 US 45 CapitaLand Integrated Commercial Trust C38U.SI $14.19B $1.80 +2.22% $0.04 SG 46 Weyerhaeuser Company WY $14.05B $19.49 −1.66% $0.33 US 47 Omega Healthcare Investors, Inc. OHI $14.01B $46.23 −0.14% $0.07 US 48 Mid-America Apartment Communities, Inc. MAA $13.90B $119.78 −1.15% $1.39 US 49 Annaly Capital Management, Inc. NLY $13.83B $18.35 +0.05% $0.01 US 50 Jones Lang LaSalle Incorporated JLL $13.82B $300.30 −3.92% $12.25 US 51 CoStar Group, Inc. CSGP $13.74B $33.92 −4.32% $1.53 US 52 Regency Centers Corporation REG $13.55B $73.98 −0.54% $0.40 US 53 Emaar Development PJSC EMAARDEV.AE $13.35B $3.34 −1.92% $0.07 AE 54 Healthpeak Properties, Inc. DOC $13.27B $19.25 −0.47% $0.09 US 55 Sino Land Company Limited 0083.HK $13.03B $1.36 +2.21% $0.03 HK 56 Scentre Group SCG.AX $12.99B $2.48 +1.44% $0.04 AU 57 Link Real Estate Investment Trust 0823.HK $12.74B $4.85 +1.60% $0.08 HK 58 Swiss Prime Site AG SPSN.SW $12.24B $152.53 +0.16% $0.24 CH 59 Equity LifeStyle Properties, Inc. ELS $11.81B $60.84 −0.54% $0.33 US 60 Wharf Real Estate Investment Company Limited 1997.HK $11.74B $3.87 +0.00% $0.00 HK 61 American Healthcare REIT, Inc. AHR $11.54B $53.02 −0.71% $0.38 US 62 UDR, Inc. UDR $11.51B $35.84 −0.94% $0.34 US 63 Gaming and Leisure Properties, Inc. GLPI $11.51B $39.55 −1.17% $0.47 US 64 American Homes 4 Rent AMH $11.47B $31.92 +0.06% $0.02 US 65 China Resources Mixc Lifestyle Services Limited 1209.HK $11.31B $4.96 +0.88% $0.04 CN 66 Klépierre S.A. LI.PA $11.20B $39.04 −1.14% $0.45 FR 67 EastGroup Properties, Inc. EGP $10.70B $199.02 −1.82% $3.68 US 68 AGNC Investment Corp. AGNC $10.48B $8.84 −0.56% $0.05 US 69 Camden Property Trust CPT $10.25B $102.00 −0.72% $0.74 US 70 China Merchants Shekou Industrial Zone Holdings Co., Ltd. 001979.SZ $10.21B $1.13 +1.07% $0.01 CN 71 Lodha Developers Limited LODHA.BO $10.14B $10.14 −4.24% $0.45 IN 72 BXP, Inc. BXP $9.91B $62.10 +0.99% $0.61 US 73 Poly Developments and Holdings Group Co., Ltd. 600048.SS $9.58B $0.80 +1.14% $0.01 CN 74 Federal Realty Investment Trust FRT $9.45B $108.72 −0.15% $0.16 US 75 CapitaLand Investment Limited 9CI.SI $9.38B $1.88 +3.90% $0.07 SG 76 CubeSmart CUBE $9.09B $40.16 +0.02% $0.01 US 77 Ryman Hospitality Properties, Inc. RHP $8.89B $130.38 −0.67% $0.88 US 78 Rexford Industrial Realty, Inc. REXR $8.85B $38.71 +6.70% $2.43 US 79 CapitaLand Ascendas REIT A17U.SI $8.71B $1.75 +1.83% $0.03 SG 80 CareTrust REIT, Inc. CTRE $8.65B $36.62 +0.00% $0.00 US 81 Brixmor Property Group Inc. BRX $8.63B $28.13 −0.46% $0.13 US 82 Hulic Co., Ltd. 3003.T $8.59B $11.31 +1.49% $0.17 JP 83 PSP Swiss Property AG PSPN.SW $8.33B $181.65 −0.20% $0.36 CH 84 Central Pattana Public Company Limited CPN-R.BK $8.31B $1.85 +0.00% $0.00 TH 85 Agree Realty Corporation ADC $8.30B $66.70 −0.55% $0.37 US 86 Lineage, Inc. LINE $8.05B $35.36 +0.77% $0.27 US 87 Iguatemi S.A. IGTI11.SA $7.97B $6.44 +2.65% $0.17 BR 88 Vicinity Centres VCX.AX $7.94B $1.70 +1.69% $0.03 AU 89 NNN REIT, Inc. NNN $7.94B $41.72 −0.97% $0.41 US 90 MERLIN Properties SOCIMI, S.A. MRL.MC $7.81B $12.61 −0.53% $0.07 ES 91 Wharf (Holdings) Limited 0004.HK $7.72B $2.53 +2.70% $0.07 HK 92 Plaza S.A. MALLPLAZA.SN $7.71B $3.52 −0.19% $0.01 CL 93 SM Prime Holdings, Inc. SPHXF $7.60B $0.27 +0.00% $0.00 PH 94 Alexandria Real Estate Equities, Inc. ARE $7.50B $43.02 −0.72% $0.31 US 95 Compass, Inc. COMP $7.39B $9.75 −2.21% $0.22 US 96 Stockland SGP.AX $7.27B $2.99 +1.43% $0.04 AU 97 Land Securities Group plc LAND.L $7.26B $8.81 +0.08% $0.01 GB 98 First Industrial Realty Trust, Inc. FR $7.22B $54.44 −1.54% $0.85 US 99 The Macerich Company MAC $7.11B $24.10 +0.63% $0.15 US 100 Terreno Realty Corporation TRNO $7.10B $65.15 −0.75% $0.49 US 101 The Phoenix Mills Limited PHOENIXLTD.NS $7.05B $19.72 −1.97% $0.40 IN 102 STAG Industrial, Inc. STAG $7.02B $36.43 −0.22% $0.08 US 103 Ctp N.V. CTPNV.AS $6.95B $14.19 −0.78% $0.11 NL 104 Deutsche Wohnen SE DWNI.DE $6.91B $17.41 −0.26% $0.04 DE 105 CPI Property Group O5G.DE $6.89B $0.82 +0.00% $0.00 LU 106 Nippon Building Fund Incorporation 8951.T $6.87B $779.23 +1.41% $10.84 JP 107 Fibra UNO FUNO11.MX $6.77B $1.76 +1.82% $0.03 MX 108 Daito Trust Construction Co.,Ltd. 1878.T $6.76B $20.74 +0.96% $0.20 JP 109 Charter Hall Group CHC.AX $6.67B $14.10 +2.61% $0.36 AU 110 FirstService Corporation FSV $6.57B $143.67 −2.41% $3.55 CA 111 Janus Living, Inc. JAN $6.57B $28.31 −1.15% $0.33 US 112 Vornado Realty Trust VNO $6.50B $34.80 +1.34% $0.46 US 113 The GPT Group GPT.AX $6.40B $3.34 +1.50% $0.05 AU 114 Prestige Estates Projects Limited PRESTIGE.NS $6.32B $14.67 −2.62% $0.39 IN 115 Melisron Ltd. MLSR.TA $6.24B $130.85 +1.55% $2.00 IL 116 Healthcare Realty Trust Incorporated HR $6.23B $17.95 +0.11% $0.02 US 117 Oberoi Realty Limited OBEROIRLTY.NS $6.18B $16.99 −0.77% $0.13 IN 118 Shanghai Zhangjiang Hi-Tech Park Development Co., Ltd. 600895.SS $6.06B $3.91 +1.72% $0.07 CN 119 NEPI Rockcastle N.V. NRP.AS $6.00B $8.48 −2.32% $0.20 NL 120 Aedifica S.A. AED.BR $5.94B $71.15 +0.08% $0.06 BE 121 AB Sagax (publ) SAGA-A.ST $5.94B $16.38 +1.25% $0.20 SE 122 BIG Shopping Centers Ltd BIG.TA $5.89B $227.26 +0.14% $0.32 IL 123 LondonMetric Property Plc LMP.L $5.88B $2.41 +0.00% $0.00 GB 124 Mega Or Holdings Ltd MGOR.TA $5.83B $152.81 −1.12% $1.74 IL 125 Castellum AB (publ) CAST.ST $5.79B $13.46 −0.04% $0.01 SE 126 Fastighets AB Balder (publ) BALD-B.ST $5.78B $4.94 +5.35% $0.25 SE 127 Umm Al Qura for Development and Construction Co. 4325.SR $5.78B $4.02 −0.40% $0.02 SA 128 Essential Properties Realty Trust, Inc. EPRT $5.77B $26.67 +1.56% $0.41 US 129 British Land Company PLC BLND.L $5.72B $5.58 −0.38% $0.02 GB 130 Warehouses De Pauw WDP.BR $5.66B $21.57 −0.67% $0.15 BE 131 Tokyu Fudosan Holdings Corporation 3289.T $5.62B $7.88 +2.49% $0.19 JP 132 Tritax Big Box REIT plc BBOX.L $5.60B $1.91 −0.14% $0.00 GB 133 Open House Group Co., Ltd. 3288.T $5.56B $50.32 +2.25% $1.11 JP 134 Rayonier Inc. REIT RYN $5.55B $18.65 −0.37% $0.07 US 135 China Vanke Co., Ltd. 000002.SZ $5.49B $0.51 +1.81% $0.01 CN 136 Outfront Media Inc. OUT $5.47B $31.03 −1.18% $0.37 US 137 Covivio COV.PA $5.44B $49.10 −0.32% $0.16 FR 138 Gecina S.A. GFC.PA $5.31B $71.60 +0.08% $0.06 FR 139 UOL Group Limited U14.SI $5.25B $6.20 +1.93% $0.12 SG 140 Rithm Capital Corp. RITM $5.24B $9.39 +8.18% $0.71 US 141 Knowledge Realty Trust KRT.BO $5.19B $1.17 −0.95% $0.01 IN 142 Ezdan Holding Group Q.P.S.C. ERES.QA $5.09B $0.19 −0.57% $0.00 QA 143 Shanghai Lujiazui Finance & Trade Zone Development Co., Ltd. 600663.SS $5.05B $1.28 +0.71% $0.01 CN 144 Shanghai Vital Microtech Co., Ltd. 600641.SS $5.05B $5.32 −0.45% $0.02 CN 145 Dar Al Arkan Real Estate Development Company 4300.SR $5.01B $4.64 −2.63% $0.13 SA 146 Japan Real Estate Investment Corporation 8952.T $5.01B $687.40 +1.89% $12.75 JP 147 Sabra Health Care REIT, Inc. SBRA $5.00B $19.56 −0.20% $0.04 US 148 City Developments Limited C09.SI $4.98B $5.58 +1.86% $0.10 SG 149 Chartwell Retirement Residences CSH-UN.TO $4.97B $15.14 −0.52% $0.08 CA 150 Kite Realty Group Trust KRG $4.94B $24.68 −0.36% $0.09 US