U.S. Property Play

Federal Realty Investment Trust

Market Cap: US$10.9b

A recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties.

Brixmor Property Group

Market Cap: US$10.0b

Owns and operates a high-quality, national portfolio of open-air shopping centers.

American Healthcare REIT

Market Cap: US$9.9b

A Maryland-based self-managed REIT, owns and operates a diversified portfolio of clinical healthcare real estate across the U.S., U.K., and the Isle of Man.

CareTrust REIT

Market Cap: US$9.6b

A self-administered, publicly traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, senior housing and other healthcare-related properties.

Alexandria Real Estate Equities

Market Cap: US$9.6b

An S&P 500 company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world.

CubeSmart

Market Cap: US$9.4b

A self-administered and self-managed real estate investment trust.

Agree Realty

Market Cap: US$9.3b

A publicly traded real estate investment trust.

NNN REIT

Market Cap: US$9.0b

Invests in high-quality properties subject generally to long-term, net leases with minimal ongoing capital expenditures.

First Industrial Realty Trust

Market Cap: US$8.7b

A leading U.S.-only owner, operator, developer and acquirer of logistics properties.

Ryman Hospitality Properties

Market Cap: US$8.3b

A leading lodging and hospitality real estate investment trust.

Janus Living

Market Cap: US$8.1b

Janus Living, Inc. is the only U.S. publicly traded REIT focused exclusively on the senior housing sector and the only U.S.

Vornado Realty Trust

Market Cap: US$8.0b

A fully integrated real estate investment trust with a 26 million square-foot portfolio of premier New York City office, retail and multifamily assets and the developer of the new PENN DISTRICT.

Rexford Industrial Realty

Market Cap: US$8.0b

Rexford Industrial Realty, Inc. creates value by investing in, operating and repositioning industrial properties throughout infill Southern California, the world's fourth largest industrial market and consistently the highest-demand with lowest-supply major market in the nation over the long term.

Macerich

Market Cap: US$8.0b

A fully integrated, self-managed, self-administered real estate investment trust (REIT).

STAG Industrial

Market Cap: US$7.6b

A real estate investment trust focused on the acquisition, development, ownership, and operation of industrial properties throughout the United States.

Healthcare Realty Trust

Market Cap: US$7.2b

A real estate investment trust (REIT) that owns and operates medical outpatient buildings primarily located around market-leading hospital campuses.

Terreno Realty

Market Cap: US$7.0b

Acquires, owns and operates industrial real estate in six major coastal U.S.

Essential Properties Realty Trust

Market Cap: US$6.6b

An internally managed REIT that acquires, owns and manages primarily single-tenant properties that are net leased on a long-term basis to companies operating service-oriented or experience-based businesses.

Rayonier

Market Cap: US$6.6b

A land resources real estate investment trust (REIT) with a portfolio comprising over four million acres in the U.S.

Kite Realty Group Trust

Market Cap: US$6.1b

A real estate investment trust that owns and operates a high-quality portfolio of open-air shopping centers and mixed-use destinations.

Fermi

Market Cap: US$6.1b

Develops next-gen private electric grids that deliver highly redundant power at gigawatt scale to support next-gen intelligence and AI computing.

Starwood Real Estate Income Trust

Market Cap: US$5.9b

Primarily focuses on investing in commercial real estate and debt secured by commercial real estate in the United States and internationally.

Phillips Edison

Market Cap: US$5.9b

Phillips Edison & Company, Inc. (PECO) is one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers.

OUTFRONT Media

Market Cap: US$5.9b

OUTFRONT Media Inc. is one of the largest and most trusted out-of-home media companies in the U.S., helping brands connect with audiences in the moments and environments that matter most.

National Storage Affiliates Trust

Market Cap: US$5.8b

A real estate investment trust headquartered in Greenwood Village, Colorado, focused on the ownership, operation and acquisition of self storage properties predominantly located within the top 100 metropolitan statistical areas throughout the United States.

Millrose Properties

Market Cap: US$5.1b

Millrose Properties, Inc. is the premier homesite option platform for residential homebuilders.

Cousins Properties

Market Cap: US$4.9b

A fully integrated, self-administered and self-managed real estate investment trust (REIT).

Sabra Health Care REIT

Market Cap: US$4.9b

Operates as a self-administered, self-managed real estate investment trust that, through its subsidiaries, owns and invests in real estate serving the healthcare industry throughout the United States and Canada.

Tanger

Market Cap: US$4.8b

A leading owner and operator of outlet and open-air retail shopping destinations, with over 45 years of expertise in the retail and outlet shopping industries.

EPR Properties

Market Cap: US$4.6b

EPR Properties is the leading diversified experiential net lease real estate investment trust, specializing in select enduring experiential properties in the real estate industry.

Americold Realty Trust

Market Cap: US$4.6b

A global leader in temperature-controlled logistics and real estate, supporting the safe, efficient movement of food worldwide.

Kilroy Realty

Market Cap: US$4.5b

A leading U.S.

Broadstone Net Lease

Market Cap: US$4.2b

An industrial-focused, diversified net lease REIT that invests in primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants.

COPT Defense Properties

Market Cap: US$4.2b

An S&P MidCap 400 Company, is a self-managed REIT focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key U.S.

Independence Realty Trust

Market Cap: US$4.1b

A Maryland corporation, is a self-administered and self-managed real estate investment trust (REIT) that acquires, owns, operates, improves and manages multifamily apartment communities across non-gateway U.S.

Apple Hospitality REIT

Market Cap: US$4.0b

A publicly traded real estate investment trust that owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States.