U.K. Real Estate Potentially Undervalued Companies

Montea Comm. VA

Market Cap: €1.3b

Montea NV is a public regulated real estate company under Belgian law (GVV/SIR) that specializes in logistics real estate in Belgium, the Netherlands, France, and Germany.

BXP

Market Cap: US$9.6b

BXP, Inc. (NYSE: BXP) is the largest publicly traded developer, owner, and manager of premier workplaces in the United States, concentrated in six dynamic gateway markets - Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC.

Global Net Lease

Market Cap: US$1.6b

Global Net Lease, Inc. (NYSE: GNL) is a publicly traded real estate investment trust listed on the NYSE.

Argan

Market Cap: €1.4b

Engages in designing, building, developing, owning, leasing, and managing logistical platforms in France.

Workspace Group

Market Cap: UK£768.3m

Workspace is London's leading owner and operator of flexible workspace, currently managing 4.7 million sq.

Unite Group

Market Cap: UK£4.1b

Owns, manages, and develops purpose-built student accommodation facilities for the higher education sector in the United Kingdom.

Workspace Group

Market Cap: UK£768.3m

Workspace is London's leading owner and operator of flexible workspace, currently managing 4.7 million sq.

Unite Group

Market Cap: UK£4.1b

Owns, manages, and develops purpose-built student accommodation facilities for the higher education sector in the United Kingdom.

Carmila

Market Cap: €2.4b

As the third-largest listed owner of commercial property in Europe, Carmila was founded by Carrefour and large institutional investors in order to enhance the value of shopping centres adjoining Carrefour hypermarkets in France, Spain and Italy.

Crown Castle

Market Cap: US$42.1b

Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 90,000 route miles of fiber supporting small cells and fiber solutions across every major U.S.

UDR

Market Cap: US$13.1b

UDR, Inc. (NYSE: UDR), an S&P 500 company, is a leading multifamily real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate properties in targeted U.S.

Tritax Big Box REIT

Market Cap: UK£3.2b

Tritax Big Box REIT plc (ticker: BBOX) is the largest listed investor in high-quality logistics warehouse assets and controls the largest logistics-focused land platform in the UK.

Innovative Industrial Properties

Market Cap: US$1.4b

A self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated cannabis facilities.

Macerich

Market Cap: US$3.5b

We own 43 million square feet of real estate consisting primarily of interests in 40 regional retail centers that serve as community cornerstones.

Park Hotels & Resorts

Market Cap: US$1.9b

Park is one of the largest publicly-traded lodging real estate investment trusts ("REIT") with a diverse portfolio of iconic and market-leading hotels and resorts with significant underlying real estate value.

Ventas

Market Cap: US$28.9b

Ventas, Inc. (NYSE: VTR) is a leading S&P 500 real estate investment trust enabling exceptional environments that benefit a large and growing aging population.

Tritax Big Box REIT

Market Cap: UK£3.2b

Tritax Big Box REIT plc (ticker: BBOX) is the largest listed investor in high-quality logistics warehouse assets and controls the largest logistics-focused land platform in the UK.

Safestore Holdings

Market Cap: UK£1.2b

Safestore is the UK's largest self-storage group with 203 stores on 26 November 2024; comprising 138 in the UK (including 77 in London and the South East with the remainder in key metropolitan areas such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool, Sheffield, Leeds, Newcastle, and Bristol), 30 in the Paris region, 15 in Spain, 14 in the Netherlands and 6 in Belgium.

Warehouses De Pauw

Market Cap: €4.5b

Provides logistics property (warehouses and offices) real estate leasing services.

Target Healthcare REIT

Market Cap: UK£578.7m

UK listed Target Healthcare REIT plc (THRL) is an externally managed Real Estate Investment Trust which provides shareholders with an attractive level of income, together with the potential for capital and income growth, from investing in a diversified portfolio of modern, purpose-built care homes.

Klépierre

Market Cap: €8.5b

Klépierre SA is the European leader in shopping malls, combining property development and asset management skills.

Icade

Market Cap: €1.5b

A full-service real estate company with expertise in both commercial property investment (portfolio worth €6.8bn on a full consolidation basis as of 12/31/2023) and property development (2023 economic revenue of €1.3bn) that operates throughout France.

Safestore Holdings

Market Cap: UK£1.2b

Safestore is the UK's largest self-storage group with 203 stores on 26 November 2024; comprising 138 in the UK (including 77 in London and the South East with the remainder in key metropolitan areas such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool, Sheffield, Leeds, Newcastle, and Bristol), 30 in the Paris region, 15 in Spain, 14 in the Netherlands and 6 in Belgium.

Host Hotels & Resorts

Market Cap: US$9.6b

An S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels.

Supermarket Income REIT

Market Cap: UK£957.1m

Supermarket Income REIT plc (LSE: SUPR) is a real estate investment trust dedicated to investing in grocery properties which are an essential part of the UK's feed the nation infrastructure.

Medical Properties Trust

Market Cap: US$3.2b

A self-advised real estate investment trust formed in 2003 to acquire and develop net-leased hospital facilities.

Supermarket Income REIT

Market Cap: UK£957.1m

Supermarket Income REIT plc (LSE: SUPR) is a real estate investment trust dedicated to investing in grocery properties which are an essential part of the UK's feed the nation infrastructure.

Target Healthcare REIT

Market Cap: UK£578.7m

UK listed Target Healthcare REIT plc (THRL) is an externally managed Real Estate Investment Trust which provides shareholders with an attractive level of income, together with the potential for capital and income growth, from investing in a diversified portfolio of modern, purpose-built care homes.

Carmila

Market Cap: €2.4b

As the third-largest listed owner of commercial property in Europe, Carmila was founded by Carrefour and large institutional investors in order to enhance the value of shopping centres adjoining Carrefour hypermarkets in France, Spain and Italy.

Retail Estates

Market Cap: €850.1m

The Belgian public real estate investment trust Retail Estates nv is a niche player specialised in making out-of town retail properties located on the periphery of residential areas or along main access roads to urban centres available to users.

Aedifica/SA

Market Cap: €2.9b

Aedifica is a Regulated Real Estate Company under Belgian law specialised in European healthcare real estate, particularly in elderly care.

Argan

Market Cap: €1.4b

Engages in designing, building, developing, owning, leasing, and managing logistical platforms in France.

Montea Comm. VA

Market Cap: €1.4b

Montea NV is a public regulated real estate company under Belgian law (GVV/SIR) that specializes in logistics real estate in Belgium, the Netherlands, France, and Germany.

Vastned Belgium

Market Cap: €157.4m

Vastned Belgium is a public regulated real estate company (RREC), the shares of which are listed on Euronext Brussels (VASTB).

Big Yellow Group

Market Cap: UK£1.7b

Big Yellow is the UK's brand leader in self storage.

Regional REIT

Market Cap: UK£171.2m

Regional REIT Limited ("Regional REIT" or the "Company") and its subsidiaries (the "Group") is a United Kingdom ("UK") based real estate investment trust that launched in November 2015.