Largest global REITs by market cap 2024 | Statista (2024)

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    Published by Statista Research Department, Apr 18, 2024

    Prologis, American Tower, and Welltower were the real estate investment trusts (REITs) worldwide with the largest market caps as of April 11, 2024. All three REITs were headquartered in the United States. If fact, out of the 40 largest REITs, only seven were headquartered outside the United States. Among them were Goodman Group (Australia), Link Real Estate Investment Trust (Hong Kong), Segro Plc (the UK).

    Leading real estate investment trusts (REITs) worldwide as of April 11, 2024, by market capitalization (in billion U.S. dollars)

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    Largest global REITs by market cap 2024 | Statista (2024)

    FAQs

    Largest global REITs by market cap 2024 | Statista? ›

    Leading REITs worldwide 2024, by market cap

    Read On
    What is the largest REIT by market cap? ›

    Prologis

    Discover More Details
    How big is the REIT market? ›

    REITs own over $4.5 trillion in gross real estate assets and 535,000+ properties. Public REIT market cap grew 17.6% annually from 1990-2021 to $1.75 trillion. REITs paid $92.3 billion in dividends in 2021 and support over 3 million jobs. Small-cap REITs outperformed with +8.59% return in June 2023.

    Continue Reading
    Why invest in global REITs? ›

    REITs offer many benefits, including diversification, the aforementioned liquidity, a small amount of investment, income distribution, and tax benefits (depending upon local laws).

    See Details
    Does Warren Buffett own any REITs? ›

    Buffet and REITs

    However, Berkshire sold its holdings of STORE Capital in 2022 after the company announced it was being acquired by two outside investment funds. Since then, filings have shown that Berkshire Hathaway has not owned shares of any other REIT.

    Find Out More
    What is the largest privately traded REIT? ›

    BREIT is by far the largest private REIT, with a net asset value of $68 billion as of Nov. 30, 2022. Its biggest rival is Starwood Real Estate Income Trust, or SREIT, with a net asset value of $14 billion as of Nov. 30, 2022.

    Tell Me More
    Who is the largest REIT owner? ›

    The five largest REITs in the United States are: American Tower Corporation, Prologis, Crown Castle International, Simon Property Group and Weyerhaeuser.

    Show Me More
    How are REITs doing in 2024? ›

    After lagging equities the past two years, REITs offer an attractive investment opportunity in 2024. The headwind of higher bond yields and central bank rate hikes is likely to abate and may turn into a tailwind if our view about an impending economic slowdown and decelerating inflation trends is correct.

    Explore More
    What is the 90% REIT rule? ›

    Even with a challenging market, REITs are considered a staple for many investment portfolios thanks to the 90% rule. As the name implies, this rule stipulates that real estate trusts must distribute 90% of their taxable earnings to existing shareholders.

    Continue Reading
    Which country has the most REITs? ›

    The United States has the largest REIT market, but REITs are also a popular form of investment in other countries, such as Japan, Singapore, the United Kingdom, and Australia. In 2023, the U.S. REITs market had a market cap of close to 1.4 trillion U.S. dollars.

    Show Me More

    Are global REITs a good diversification option? ›

    REITs Offer Diversification Pluses

    6 REITs, however, do provide good diversification in terms of low or negative correlations to core bonds, commodities, and currencies.

    Read The Full Story
    What are the disadvantages of REITs? ›

    The potential downsides, or CONS, of a REIT investment include the fact that they are taxed as income, the variation in the fee structures of different managers, and market volatility due to interest rate movements or trends in the real estate market.

    See Details
    How big is the global REIT market? ›

    The global REIT market is experiencing steady growth. According to the recent market reports, the market size is reaching an impressive $3.5 trillion in 2022 and is estimated to reach USD 4.2 trillion by 2027, growing at a Compound Annual Growth Rate (CAGR) of 2.8% from 2022.

    Get More Info Here
    What is the average return on REIT? ›

    Which REIT subgroups have done the best at outperforming stocks?
    REIT SUBGROUPAVERAGE ANNUAL TOTAL RETURN (1994-2023)
    Retail11.2%
    Office10.1%
    Lodging/Resorts9.0%
    Diversified7.9%
    5 more rows
    Mar 4, 2024

    Continue Reading
    Do REITs do well in high interest rates? ›

    Over longer periods, there has generally been a positive association between periods of rising rates and REIT returns. This is because rising rates generally reflect improvement in the underlying fundamentals.

    View More
    What is the largest retail REIT in the US? ›

    Simon Property Group (SPG) is the largest of the shopping mall REITs and one of the largest retail REITs in general. Its size and management strategy work in its favor when staying competitive in the market.

    View Details
    What is the largest office REIT in the US? ›

    Largest Companies in This Industry
    NameLast PriceMarket Cap
    BXP BXP, Inc.70.5012.423B
    VNO Vornado Realty Trust29.336.089B
    SLG SL Green Realty Corp.64.614.465B
    KRC Kilroy Realty Corporation36.004.267B
    6 more rows

    See More
    What is the largest triple net REIT? ›

    Realty Income Corp.

    It is the largest triple-net REIT in the U.S., meaning tenants pay all property expenses, including real estate taxes, maintenance and building insurance. Realty Income has a 6% dividend yield and makes monthly dividend payments, making it an attractive income source.

    Learn More
    What is the most profitable REIT? ›

    Best REITs by total return
    Company (ticker)5-year total returnDividend yield
    Equinix (EQIX)125.0%2.1%
    Prologis (PLD)121.8%2.6%
    Eastgroup Properties (EGP)107.9%2.8%
    Gaming and Leisure Properties (GLPI)99.7%6.0%
    4 more rows
    Jan 16, 2024

    Discover More Details
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