1 Welltower Inc. WELL $169.67B $235.46 +0.44% $1.02 US 2 Prologis, Inc. PLD $131.59B $141.03 −0.13% $0.18 US 3 Equinix, Inc. EQIX $108.75B $1,102.10 +2.64% $28.32 US 4 American Tower Corporation AMT $81.81B $175.58 +0.80% $1.39 US 5 Digital Realty Trust, Inc. DLR $74.05B $200.15 +1.30% $2.57 US 6 Simon Property Group, Inc. SPG $71.21B $219.58 −0.85% $1.89 US 7 Public Storage PSA $60.78B $325.93 −0.85% $2.79 US 8 Realty Income Corporation O $58.50B $62.74 −0.33% $0.21 US 9 Ventas, Inc. VTR $44.49B $91.52 +1.36% $1.23 US 10 CBRE Group, Inc. CBRE $44.26B $152.83 +0.62% $0.94 US 11 Sun Hung Kai Properties Limited 0016.HK $43.02B $14.85 −0.94% $0.14 HK 12 Goodman Group GMG.AX $42.99B $21.03 −1.26% $0.27 AU 13 Iron Mountain Incorporated IRM $38.51B $129.43 +2.22% $2.81 US 14 FIBRA Prologis FIBRAPL14.MX $35.65B $4.28 −0.84% $0.04 MX 15 Crown Castle Inc. CCI $33.20B $75.98 +0.33% $0.25 US 16 Extra Space Storage Inc. EXR $31.25B $147.90 −1.00% $1.50 US 17 China Resources Land Limited 1109.HK $31.08B $4.36 +0.23% $0.01 HK 18 VICI Properties Inc. VICI $29.02B $26.36 +0.08% $0.02 US 19 Mitsubishi Estate Co., Ltd. 8802.T $27.77B $23.08 −0.65% $0.15 JP 20 Emaar Properties PJSC EMAAR.AE $26.76B $3.03 −0.54% $0.02 AE 21 AvalonBay Communities, Inc. AVB $26.28B $184.06 +0.08% $0.15 US 22 Equity Residential EQR $24.74B $65.97 +0.00% $0.00 US 23 Mitsui Fudosan Co., Ltd. 8801.T $24.62B $9.15 −0.03% $0.00 JP 24 Vonovia SE VNA.F $20.32B $23.95 −1.90% $0.46 DE 25 CK Asset Holdings Limited 1113.HK $20.07B $5.73 −6.44% $0.40 HK 26 SBA Communications Corporation SBAC $19.64B $185.20 −0.53% $0.99 US 27 Sumitomo Realty & Development Co., Ltd. 8830.T $19.61B $21.23 −0.88% $0.19 JP 28 Vantage Towers AG VTWR.HM $18.97B $44.55 +0.01% $0.01 DE 29 China Overseas Land & Investment Ltd. 0688.HK $18.80B $1.72 +0.00% $0.00 HK 30 KE Holdings Inc. BEKE $18.79B $17.01 +0.29% $0.05 CN 31 Hongkong Land Holdings Limited H78.SI $18.48B $8.67 +3.58% $0.30 BM 32 Essex Property Trust, Inc. ESS $18.48B $287.52 +0.05% $0.13 US 33 Invitation Homes Inc. INVH $17.99B $30.29 −0.03% $0.01 US 34 Daiwa House Industry Co., Ltd. 1925.T $17.92B $28.93 +0.04% $0.01 JP 35 Weyerhaeuser Company WY $17.71B $24.56 −1.05% $0.26 US 36 SEGRO Plc SGRO.L $17.58B $13.00 −0.70% $0.09 GB 37 Annaly Capital Management, Inc. NLY $17.58B $23.33 −0.26% $0.06 US 38 Swire Properties Limited 1972.HK $17.36B $3.02 −1.42% $0.04 HK 39 Unibail-Rodamco-Westfield SE URW.PA $17.30B $119.74 +0.10% $0.12 FR 40 Jones Lang LaSalle Incorporated JLL $17.25B $375.00 +1.48% $5.48 US 41 DLF Limited DLF.NS $17.25B $6.97 +0.15% $0.01 IN 42 Azrieli Group Ltd AZRG.TA $16.89B $135.66 +0.65% $0.88 IL 43 Henderson Land Development Company Limited 0012.HK $16.52B $3.41 −1.03% $0.04 HK 44 Kimco Realty Corporation KIM $16.46B $24.41 +0.08% $0.02 US 45 W. P. Carey Inc. WPC $16.32B $71.62 +0.18% $0.13 US 46 Lamar Advertising Company LAMR $15.78B $155.47 +0.21% $0.33 US 47 Host Hotels & Resorts, Inc. HST $15.68B $22.90 +0.66% $0.15 US 48 Mid-America Apartment Communities, Inc. MAA $15.54B $133.49 −0.53% $0.71 US 49 Sun Communities, Inc. SUI $15.19B $123.29 +2.58% $3.10 US 50 Regency Centers Corporation REGCO $15.04B $22.20 +0.77% $0.17 US 51 CapitaLand Integrated Commercial Trust C38U.SI $14.97B $1.90 −0.82% $0.02 SG 52 Healthpeak Properties, Inc. DOC $14.33B $20.79 −0.10% $0.02 US 53 Emaar Development PJSC EMAARDEV.AE $14.31B $3.58 −0.45% $0.02 AE 54 Scentre Group SCG.AX $13.95B $2.67 −0.53% $0.01 AU 55 Omega Healthcare Investors, Inc. OHI $13.92B $46.53 +1.13% $0.52 US 56 CoStar Group, Inc. CSGP $13.12B $32.38 −2.03% $0.67 US 57 Lodha Developers Limited LODHA.NS $13.02B $13.03 +0.94% $0.12 IN 58 Link Real Estate Investment Trust 0823.HK $12.94B $4.94 +0.47% $0.02 HK 59 Klépierre S.A. LI.PA $12.88B $44.91 +0.05% $0.02 FR 60 Equity LifeStyle Properties, Inc. ELS $12.73B $65.61 +0.92% $0.60 US 61 Swiss Prime Site AG SPSN.SW $12.65B $157.69 −0.47% $0.74 CH 62 AGNC Investment Corp. AGNC $12.58B $10.96 +0.00% $0.00 US 63 Sino Land Company Limited 0083.HK $12.53B $1.31 −0.68% $0.01 HK 64 Wharf Real Estate Investment Company Limited 1997.HK $12.35B $4.07 −1.18% $0.05 HK 65 Gaming and Leisure Properties, Inc. GLPI $12.34B $43.57 −0.18% $0.08 US 66 American Homes 4 Rent AMH $12.24B $34.08 −0.50% $0.17 US 67 UDR, Inc. UDR $12.19B $37.94 +0.00% $0.00 US 68 China Resources Mixc Lifestyle Services Limited 1209.HK $11.59B $5.08 −0.20% $0.01 CN 69 American Healthcare REIT, Inc. AHR $11.23B $54.31 +1.32% $0.71 US 70 Camden Property Trust CPT $11.09B $110.36 −0.10% $0.11 US 71 EastGroup Properties, Inc. EGP $10.92B $203.06 −0.98% $2.00 US 72 BXP, Inc. BXP $10.92B $68.45 −1.06% $0.73 US 73 CapitaLand Investment Limited 9CI.SI $10.69B $2.14 −0.36% $0.01 SG 74 MERLIN Properties SOCIMI, S.A. MRL.MC $10.39B $16.79 −0.34% $0.06 ES 75 Federal Realty Investment Trust FRT $10.23B $118.39 −0.42% $0.50 US 76 China Merchants Shekou Industrial Zone Holdings Co., Ltd. 001979.SZ $10.16B $1.13 −0.26% $0.00 CN 77 Brookfield BRP Holdings (Canada BEPI $10.09B $16.16 +0.12% $0.02 CA 78 Lineage, Inc. LINE $9.51B $41.75 −2.97% $1.28 US 79 Zhejiang China Commodities City Group Co., Ltd. 600415.SS $9.48B $1.73 +0.60% $0.01 CN 80 Plaza S.A. MALLPLAZA.SN $9.47B $4.32 +1.07% $0.05 CL 81 CubeSmart CUBE $9.39B $41.48 −0.65% $0.27 US 82 Poly Developments and Holdings Group Co., Ltd. 600048.SS $9.36B $0.78 −1.13% $0.01 CN 83 Brixmor Property Group Inc. BRX $9.20B $29.98 −0.13% $0.04 US 84 CareTrust REIT, Inc. CTRE $9.16B $38.77 −0.15% $0.06 US 85 CapitaLand Ascendas REIT A17U.SI $9.05B $1.91 +0.00% $0.00 SG 86 Central Pattana Public Company Limited CPN-R.BK $9.02B $2.01 +0.76% $0.02 TH 87 Agree Realty Corporation ADC $8.98B $74.74 −0.49% $0.37 US 88 Vicinity Centres VCX.AX $8.78B $1.89 +0.00% $0.00 AU 89 NNN REIT, Inc. NNN $8.75B $46.00 −0.52% $0.24 US 90 Alexandria Real Estate Equities, Inc. ARE $8.39B $48.14 −0.58% $0.28 US 91 Hulic Co., Ltd. 3003.T $8.37B $11.03 +0.11% $0.01 JP 92 Deutsche Wohnen SE DWNI.DE $8.35B $21.03 −2.15% $0.46 DE 93 First Industrial Realty Trust, Inc. FR $8.33B $62.87 −0.73% $0.46 US 94 Rexford Industrial Realty, Inc. REXR $8.28B $36.23 −0.52% $0.19 US 95 Ctp N.V. CTPNV.AS $8.15B $16.80 −0.82% $0.14 NL 96 PSP Swiss Property AG PSPN.SW $8.11B $176.88 −0.28% $0.49 CH 97 Wharf (Holdings) Limited 0004.HK $7.98B $2.61 −2.75% $0.07 HK 98 Ryman Hospitality Properties, Inc. RHP $7.92B $125.52 +0.66% $0.82 US 99 Compass, Inc. COMP $7.92B $13.02 −2.47% $0.33 US 100 Charter Hall Group CHC.AX $7.79B $16.47 −0.43% $0.07 AU 101 SM Prime Holdings, Inc. SPHXF $7.65B $0.27 +0.00% $0.00 — PH 102 CPI Property Group O5G.DE $7.55B $0.84 +0.00% $0.00 LU 103 Shanghai Zhangjiang Hi-Tech Park Development Co., Ltd. 600895.SS $7.51B $4.85 +0.25% $0.01 CN 104 Stockland SGP.AX $7.43B $3.05 +1.65% $0.05 AU 105 The Macerich Company MAC $7.35B $24.71 +0.24% $0.06 US 106 Vornado Realty Trust VNO $7.34B $39.00 −1.69% $0.67 US 107 Terreno Realty Corporation TRNO $7.25B $68.22 −0.90% $0.62 US 108 Prestige Estates Projects Limited PRESTIGE.NS $7.19B $16.69 −1.63% $0.28 IN 109 Land Securities Group plc LAND.L $7.18B $9.64 +0.49% $0.05 GB 110 The Phoenix Mills Limited PHOENIXLTD.BO $7.11B $20.08 +1.23% $0.24 IN 111 Nippon Building Fund Incorporation 8951.T $7.10B $806.00 −0.77% $6.28 JP 112 STAG Industrial, Inc. STAG $7.09B $36.75 −0.54% $0.20 US 113 Oberoi Realty Limited OBEROIRLTY.BO $7.05B $19.31 −0.21% $0.04 IN 114 Umm Al Qura for Development and Construction Co. 4325.SR $7.03B $4.88 +1.95% $0.09 SA 115 The GPT Group GPT.AX $6.96B $3.64 −0.77% $0.03 AU 116 Brookfield Property Partners L.P. BPYPP $6.78B $16.17 −0.00% $0.00 BM 117 Healthcare Realty Trust Incorporated HR $6.75B $19.25 +0.21% $0.04 US 118 Essential Properties Realty Trust, Inc. EPRT $6.72B $31.06 +0.06% $0.02 US 119 Covivio COV.PA $6.71B $60.56 −0.48% $0.29 FR 120 NEPI Rockcastle N.V. NRP.AS $6.65B $9.41 −0.85% $0.08 NL 121 Daito Trust Construction Co.,Ltd. 1878.T $6.61B $20.32 +0.40% $0.08 JP 122 Fastighets AB Balder (publ) BALD-B.ST $6.56B $5.61 −1.37% $0.08 SE 123 Fibra UNO FUNO11.MX $6.54B $1.72 −0.20% $0.00 MX 124 Melisron Ltd. MLSR.TA $6.53B $136.98 +0.80% $1.08 IL 125 Janus Living, Inc. JAN $6.50B $30.63 +2.34% $0.70 US 126 Castellum AB (publ) CAST.ST $6.49B $14.31 −0.37% $0.05 SE 127 FirstService Corporation FSV $6.47B $140.81 +0.01% $0.01 CA 128 Scout24 SE G24.DE $6.38B $90.24 +2.50% $2.20 DE 129 Gecina S.A. GI6A.DU $6.35B $85.79 −0.67% $0.58 FR 130 Godrej Properties Limited GODREJPROP.NS $6.28B $20.85 −1.87% $0.40 IN 131 AB Sagax (publ) SAGA-A.ST $6.27B $17.29 −0.30% $0.05 SE 132 PT Pantai Indah Kapuk Dua Tbk PANI.JK $6.18B $0.34 +0.41% $0.00 ID 133 LondonMetric Property Plc LMP.L $6.14B $2.62 +0.00% $0.00 GB 134 UOL Group Limited U14.SI $6.14B $7.26 −2.83% $0.21 SG 135 Ezdan Holding Group Q.P.S.C. ERES.QA $6.09B $0.23 −0.36% $0.00 QA 136 British Land Company PLC BLND.L $6.07B $5.92 +0.09% $0.01 GB 137 Longfor Group Holdings Limited LNGPF $6.05B $0.88 +0.00% $0.00 CN 138 Starwood Property Trust, Inc. STWD $6.04B $16.30 −0.31% $0.05 US 139 Warehouses De Pauw WDP.BR $5.92B $24.60 −0.19% $0.05 BE 140 Tritax Big Box REIT plc BBOX.L $5.91B $2.18 +0.19% $0.00 GB 141 Tokyu Fudosan Holdings Corporation 3289.T $5.91B $8.29 −0.41% $0.03 JP 142 Mega Or Holdings Ltd MGOR.TA $5.80B $152.00 +1.56% $2.33 IL 143 BIG Shopping Centers Ltd BIG.TA $5.78B $224.25 +0.45% $1.01 IL 144 Open House Group Co., Ltd. 3288.T $5.72B $51.77 +0.23% $0.12 JP 145 City Developments Limited C09.SI $5.67B $6.35 −0.98% $0.06 SG 146 Iguatemi S.A. IGTI11.SA $5.63B $4.55 −0.79% $0.04 BR 147 Dar Al Arkan Real Estate Development Company 4300.SR $5.59B $5.18 +0.41% $0.02 SA 148 China Vanke Co., Ltd. 000002.SZ $5.53B $0.46 −2.80% $0.01 CN 149 IOI Properties Group Berhad 5249.KL $5.47B $0.99 +0.74% $0.01 MY 150 Shanghai Lujiazui Finance & Trade Zone Development Co., Ltd. 600663.SS $5.43B $1.38 −0.64% $0.01 CN