Software Real Estate Sector

Schroder Real Estate Investment Trust

Market Cap: UK£272.9m

As at 30 June 2025, the underlying portfolio comprised 37 properties valued at £481.6 million.

Gladstone Land

Market Cap: US$358.5m

A publicly traded real estate investment trust that acquires and owns farmland and farm-related properties located in major agricultural markets in the U.S.

Chatham Lodging Trust

Market Cap: US$355.7m

A self-advised, publicly traded real estate investment trust (REIT) focused primarily on investing in upscale, extended-stay hotels and premium-branded, select-service hotels.

Plaza Retail REIT

Market Cap: CA$479.8m

Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada.

NorthStar Healthcare Income

Market Cap: US$343.6m

Together with its consolidated subsidiaries (the Company), owns a diversified portfolio of seniors housing properties, including independent living facilities (ILFs), assisted living facilities (ALFs) and memory care facilities (MCFs) located throughout the United States.

Service Properties Trust

Market Cap: US$342.9m

A real estate investment trust, or REIT, with over $10 billion invested in two asset categories: hotels and service-focused retail net lease properties.

CLS Holdings

Market Cap: UK£242.8m

Engages in the investment, development, and management of commercial properties in the United Kingdom, Germany, and France.

Pro Real Estate Investment Trust

Market Cap: CA$448.4m

Founded in 2013, PROREIT (TSX: PRV.UN) is an unincorporated open-ended real estate investment trust focused on owning and operating a portfolio of high-quality light industrial properties in Canada.

Morguard Real Estate Investment Trust

Market Cap: CA$445.8m

The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 45 retail, office and industrial income producing properties in Canada with a book value of $2.2 billion and approximately 8.1 million square feet of leasable space

Helical

Market Cap: UK£236.8m

Engages in the development, investment, and rental of real estate properties in the United Kingdom.

SITE Centers

Market Cap: US$321.6m

SITE Centers is an owner and manager of open-air shopping centers.

NewLake Capital Partners

Market Cap: US$318.7m

NewLake Capital Partners, Inc. originally as GreenAcreage Real Estate Corp.

Carindale Property Trust

Market Cap: AU$455.9m

Westfield Carindale is situated in an affluent quarter of Brisbane’s south eastern suburbs approximately 12 kilometres from the CBD.

BRT Apartments

Market Cap: US$298.0m

BRT Apartments Corp. (the "Company" or "BRT"), a Maryland corporation, owns, operates and, to a lesser extent, develops multi-family properties.

HealthCo Healthcare and Wellness REIT

Market Cap: AU$420.9m

HealthCo Healthcare & Wellness REIT is a real estate investment trust listed on the ASX with a mandate to invest in Hospitals; Aged Care; Childcare; Government, Life Sciences & Research; and Primary Care & Wellness property assets, as well as other healthcare and wellness property adjacencies.

Alpine Income Property Trust

Market Cap: US$280.4m

Alpine Income Property Trust, Inc. (the “Company” or “PINE”) is a real estate investment trust (“REIT”) that owns and operates a high-quality portfolio of commercial net lease properties.

Net Lease Office Properties

Market Cap: US$279.1m

Net Lease Office Properties (NYSE: NLOP) is a publicly traded real estate investment trust with a portfolio of 37 high-quality office properties, totaling approximately 5.5 million leasable square feet primarily leased to corporate tenants on a single-tenant net lease basis.

BTB Real Estate Investment Trust

Market Cap: CA$379.9m

BTB is a real estate investment trust listed on the Toronto Stock Exchange.

Dream Office Real Estate Investment Trust

Market Cap: CA$362.6m

Dream Office REIT is an unincorporated, open-ended real estate investment trust.

Dexus Convenience Retail REIT

Market Cap: AU$383.0m

Dexus Convenience Retail REIT (ASX code: DXC) is a listed Australian real estate investment trust which owns high quality Australian service stations and convenience retail assets.

Elme Communities

Market Cap: US$261.0m

Elme Communities is committed to elevating what home can be for middle-income renters by providing a higher level of quality, service, and experience.

Investore Property

Market Cap: NZ$422.9m

Investore Property Limited (Investore) is a commercial property ownership business that has been established to invest in quality Large Format Retail property assets.

AEW UK REIT

Market Cap: UK£168.2m

AEW UK REIT plc aims to deliver an attractive total return to shareholders by investing predominantly in smaller commercial properties (typically less than £15 million), on shorter occupational leases in strong commercial locations across the United Kingdom.

GDI Property Group

Market Cap: AU$332.0m

GDI is an integrated, internally managed commercial property investor with capabilities in the identification and execution of acquisition opportunities, and then the ownership, management, development, refurbishment, leasing, and syndication of assets.

Regional REIT

Market Cap: UK£166.0m

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.

National Healthcare Properties

Market Cap: US$218.3m

A real estate investment trust for U.S.

Braemar Hotels & Resorts

Market Cap: US$215.0m

We are a Maryland corporation formed in April 2013 that invests primarily in high revenue per available room (“RevPAR”), luxury hotels and resorts.

NexPoint Diversified Real Estate Trust

Market Cap: US$211.3m

NexPoint Diversified Real Estate Trust has elected to be taxed as a real estate investment trust.

European Residential Real Estate Investment Trust

Market Cap: CA$275.1m

ERES is an unincorporated, open-ended real estate investment trust.

RAM Essential Services Property Fund

Market Cap: AU$288.1m

RAM Essential Services Property Fund (REP) is a stapled real estate investment trust listed on the ASX.

KBS Real Estate Investment Trust III

Market Cap: US$180.0m

BS Real Estate Investment Trust III, Inc.

Modiv Industrial

Market Cap: US$178.9m

An internally managed REIT that is focused on single-tenant net-lease industrial manufacturing real estate.

Elanor Commercial Property Fund

Market Cap: AU$254.4m

Elanor Commercial Property Fund (ASX: ECF) is an externally managed real estate investment trust that invests in Australian commercial office assets.

Life Science REIT

Market Cap: UK£127.4m

A specialist property business focused on the UK's growing life science sector.

Firm Capital Property Trust

Market Cap: CA$228.2m

Firm Capital Property Trust is focused on creating long-term value for Unitholders, through capital preservation and disciplined investing to achieve stable distributable income.

Garda Property Group

Market Cap: AU$236.5m

Garda Property Group (ASX: GDF) (Garda) is an industrial real estate investor, developer and active manager with investments predominately in Brisbane.