| 1 | Equinix Inc | EQIX:US | Real Estate | $9.9B | 63.4 | $97.3B |
| 2 | SBA Communications Corp | SBAC:US | Real Estate | $2.9B | 20.2 | $19.8B |
| 3 | Host Hotels & Resorts Inc | HST:US | Real Estate | $6.2B | 16.2 | $16.7B |
| 4 | Lamar Advertising Company | LAMR:US | Real Estate | $2.3B | 27.4 | $15.2B |
| 5 | Regency Centers Corporation | REG:US | Real Estate | $1.7B | 24.7 | $13.7B |
| 6 | CoStar Group Inc | CSGP:US | Real Estate | $3.6B | 179.5 | $13.1B |
| 7 | Brookfield Office Properties Inc Pref C | BPO-PC:TO | Real Estate | $2.5B | 5.8 | $12.2B |
| 8 | Gaming & Leisure Properties | GLPI:US | Real Estate | $1.7B | 11.5 | $11.8B |
| 9 | Choice Properties Real Estate Investment Trust | CHP-UN:TO | Real Estate | $1.5B | - | $11.0B |
| 10 | Brookfield Property Partners LP | BPYPP:US | Real Estate | $7.7B | 7.1 | $10.7B |
| 11 | Brookfield Office Properties Inc Pref A | BPO-PA:TO | Real Estate | $2.5B | 5.3 | $10.3B |
| 12 | Brookfield Offi Pro Cl Aaa N Prf | BPO-PN:TO | Real Estate | $2.5B | 5.3 | $10.1B |
| 13 | Brookfield Offi Pro Cl Aaa P Prf | BPO-PP:TO | Real Estate | $2.5B | 5.1 | $9.8B |
| 14 | FirstService Corp | FSV:TO | Real Estate | $5.6B | 39.6 | $8.4B |
| 15 | Lineage, Inc. Common Stock | LINE:US | Real Estate | $5.4B | - | $8.3B |
| 16 | Zillow Group Inc | ZG:US | Real Estate | $2.8B | 138.6 | $7.2B |
| 17 | Zillow Group Inc Class C | Z:US | Real Estate | $2.8B | 134.0 | $6.9B |
| 18 | Chartwell Retirement Residences | CSH-UN:TO | Real Estate | $1.2B | 668.0 | $6.6B |
| 19 | Colliers International Group Inc Bats | CIGI:TO | Real Estate | $6.0B | 43.8 | $6.5B |
| 20 | RioCan Real Estate Investment Trust | REI-UN:TO | Real Estate | $1.3B | 24.4 | $6.1B |
| 21 | FirstService Corp | FSV:US | Real Estate | $5.6B | 38.5 | $5.9B |
| 22 | Brookfield Office Properties Inc Pref X | BPO-PX:TO | Real Estate | $2.5B | 3.2 | $5.6B |
| 23 | Brookfield Office Properties Inc Pref Y | BPO-PY:TO | Real Estate | $2.5B | 3.2 | $5.6B |
| 24 | Brookfield Office Properties Inc Pref W | BPO-PW:TO | Real Estate | $2.5B | 3.1 | $5.5B |
| 25 | Phillips Edison & Co Inc | PECO:US | Real Estate | $751M | 33.5 | $5.4B |
| 26 | Granite Real Estate Investment Trust | GRT-UN:TO | Real Estate | $644M | 14.5 | $5.4B |
| 27 | SmartCentres Real Estate Investment Trust | SRU-UN:TO | Real Estate | $956M | 29.1 | $5.3B |
| 28 | Sabra Healthcare REIT Inc | SBRA:US | Real Estate | $864M | 77.4 | $4.9B |
| 29 | First Capital Real Estate Investment Trust | FCR-UN:TO | Real Estate | $740M | 4.8 | $4.9B |
| 30 | Canadian Apartment Properties Real Estate Investment Trust | CAR-UN:TO | Real Estate | $990M | - | $4.8B |
| 31 | Colliers International Group Inc Bats | CIGI:US | Real Estate | $6.0B | 42.8 | $4.6B |
| 32 | CT Real Estate Investment Trust | CRT-UN:TO | Real Estate | $618M | 9.2 | $4.2B |
| 33 | Dream Industrial Real Estate Investment Trust | DIR-UN:TO | Real Estate | $554M | 22.3 | $3.8B |
| 34 | Boardwalk Real Estate Investment Trust | BEI-UN:TO | Real Estate | $641M | - | $3.3B |
| 35 | Primaris Retail R.E. Invest. Tr. Units | PMZ-UN:TO | Real Estate | $699M | 18.0 | $3.1B |
| 36 | Crombie Real Estate Investment Trust | CRR-UN:TO | Real Estate | $507M | - | $3.0B |
| 37 | Newmark Group Inc | NMRK:US | Real Estate | $3.6B | 15.0 | $2.9B |
| 38 | Diamondrock Hospitality Company | DRH:US | Real Estate | $1.1B | 18.6 | $2.8B |
| 39 | H&R Real Estate Investment Trust | HR-UN:TO | Real Estate | $831M | - | $2.6B |
| 40 | Killam Apartment Real Estate Investment Trust | KMP-UN:TO | Real Estate | $392M | 347.8 | $2.1B |
| 41 | Opendoor Technologies Inc | OPEN:US | Real Estate | $3.3B | - | $2.0B |
| 42 | InterRent Real Estate Investment Trust | IIP-UN:TO | Real Estate | $247M | 338.5 | $1.9B |
| 43 | Diversified Healthcare Trust | DHC:US | Real Estate | $1.5B | - | $1.8B |
| 44 | Altus Group Limited | AIF:TO | Real Estate | $514M | - | $1.7B |
| 45 | Mainstreet Equity Corp. | MEQ:TO | Real Estate | $287M | 9.2 | $1.6B |
| 46 | Storage Vault Canada Inc | SVI:TO | Real Estate | $352M | - | $1.6B |
| 47 | Artis Real Estate Investment Trust | AX-PI:TO | Real Estate | $200M | 5.2 | $1.5B |
| 48 | NorthWest Healthcare Properties Real Estate Investment Trust | NWH-UN:TO | Real Estate | $458M | - | $1.4B |
| 49 | Uniti Group Inc | UNIT:US | Real Estate | $3.5B | 3.6 | $1.4B |
| 50 | Morguard Corporation | MRC:TO | Real Estate | $1.1B | 5.9 | $1.2B |
| 51 | Allied Properties Real Estate Investment Trust | AP-UN:TO | Real Estate | $581M | - | $1.2B |
| 52 | Minto Apartment Real Estate Investment Trust | MI-UN:TO | Real Estate | $152M | - | $1.1B |
| 53 | National Healthcare Properties, Inc. | NHP:US | Real Estate | $344M | - | $1.1B |
| 54 | Hotel101 Global Holdings Corp. Class A Ordinary Shares | HBNB:US | Real Estate | $76M | - | $1.1B |
| 55 | Slate Grocery REIT | SGR-UN:TO | Real Estate | $234M | 18.0 | $1.0B |
| 56 | Morguard North American Residential Real Estate Investment Trust | MRG-UN:TO | Real Estate | $354M | 6.7 | $1.0B |
| 57 | Artis Real Estate Investment Trust | AX-UN:TO | Real Estate | $200M | - | $846M |
| 58 | Cresud SACIF y A | CRESY:US | Real Estate | $1379.4B | 6.0 | $817M |
| 59 | Service Properties Trust | SVC:US | Real Estate | $1.7B | - | $796M |
| 60 | Slate Grocery REIT | SGR-U:TO | Real Estate | $234M | 17.6 | $760M |
| 61 | Wall Financial Corporation | WFC:TO | Real Estate | $179M | 20.0 | $727M |
| 62 | Nexus Real Estate Investment Trust | NXR-UN:TO | Real Estate | $178M | 13.1 | $715M |
| 63 | Dream Unlimited Corp | DRM:TO | Real Estate | $469M | 81.0 | $714M |
| 64 | Automotive Properties Real Estate Investment Trust | APR-UN:TO | Real Estate | $113M | 10.1 | $673M |
| 65 | eXp World Holdings, Inc. | AGNT:US | Real Estate | $5.0B | - | $640M |
| 66 | Gladstone Commercial Corporation | GOOD:US | Real Estate | $170M | 49.9 | $609M |
| 67 | Pro Real Estate Investment Trust | PRV-UN:TO | Real Estate | $107M | 11.2 | $602M |
| 68 | BSR Real Estate Investment Trust | HOM-UN:TO | Real Estate | $135M | 19.7 | $596M |
| 69 | Plaza Retail REIT | PLZ-UN:TO | Real Estate | $133M | 9.3 | $589M |
| 70 | Real Brokerage Inc | REAX:US | Real Estate | $2.2B | - | $577M |
| 71 | Melcor Developments Ltd. | MRD:TO | Real Estate | $367M | 6.2 | $556M |
| 72 | Flagship Communities Real Estate Investment Trust | MHC-U:TO | Real Estate | $114M | 4.3 | $536M |
| 73 | Morguard Real Estate Investment Trust | MRT-UN:TO | Real Estate | $242M | 101.6 | $478M |
| 74 | Gladstone Commercial Corp Preferred Series G | GOODO:US | Real Estate | $135M | 620.7 | $468M |
| 75 | Industrial Logistics Properties Trust | ILPT:US | Real Estate | $455M | - | $455M |
| 76 | BSR Real Estate Investment Trust | HOM-U:TO | Real Estate | $135M | 18.7 | $413M |
| 77 | Gladstone Land Corporation | LAND:US | Real Estate | $89M | - | $400M |
| 78 | Frp Holdings Ord | FRPH:US | Real Estate | $34M | - | $369M |
| 79 | BTB Real Estate Investment Trust | BTB-UN:TO | Real Estate | $129M | 12.8 | $331M |
| 80 | RMR Group Inc | RMR:US | Real Estate | $223M | 15.9 | $313M |
| 81 | Dream Office Real Estate Investment Trust | D-UN:TO | Real Estate | $181M | - | $307M |
| 82 | Madison Pacific Properties Inc | MPC-C:TO | Real Estate | $45M | 11.9 | $285M |
| 83 | Madison Pacific Properties Inc. | MPC:TO | Real Estate | $45M | 12.0 | $285M |
| 84 | Firm Capital Property Trust | FCD-UN:TO | Real Estate | $63M | 8.9 | $258M |
| 85 | Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock | LANDP:US | Real Estate | $89M | - | $228M |
| 86 | Genesis Land Development Corp. | GDC:TO | Real Estate | $378M | 6.3 | $200M |
| 87 | Halmont Properties Corporation | HMT:V | Real Estate | $33M | 11.0 | $136M |
| 88 | Invesque Inc | IVQ:TO | Real Estate | $14M | - | $129M |
| 89 | Canadian Net Real Estate Investment Trust | NET-UN:V | Real Estate | $32M | 9.2 | $127M |
| 90 | European Residential Real Estate Investment Trust | ERE-UN:TO | Real Estate | $38M | - | $111M |
| 91 | Parkit Enterprise Inc | PKT:V | Real Estate | $28M | 7.3 | $111M |
| 92 | True North Commercial Real Estate Investment Trust | TNT-UN:TO | Real Estate | $129M | - | $109M |
| 93 | XChange TEC.INC | XHG:US | Real Estate | $387M | 0.0 | $103M |
| 94 | Real Estate & E-Commerce Split Corp | RS:TO | Real Estate | - | 4.8 | $99M |
| 95 | Star Holdings | STHO:US | Real Estate | $98M | 6.3 | $93M |
| 96 | Invesque Inc | IVQ-U:TO | Real Estate | $14M | - | $87M |
| 97 | J W Mays Inc | MAYS:US | Real Estate | $21M | - | $80M |
| 98 | Sotherly Hotels Inc PR | SOHON:US | Real Estate | $175M | - | $75M |
| 99 | NexLiving Communities Inc | NXLV:V | Real Estate | $35M | 11.0 | $71M |
| 100 | The Intergroup Corporation | INTG:US | Real Estate | $74M | 45.6 | $70M |
| 101 | Altisource Portfolio Solutions SA | ASPS:US | Real Estate | $182M | - | $66M |
| 102 | Global Self Storage Inc | SELF:US | Real Estate | $13M | 27.3 | $56M |
| 103 | Urbanfund Corp | UFC:V | Real Estate | $16M | 9.7 | $47M |
| 104 | Sotherly Hotels Inc Pref | SOHOO:US | Real Estate | $175M | - | $44M |
| 105 | Imperial Equities Inc. | IEI:V | Real Estate | $20M | 8.9 | $40M |
| 106 | American Hotel Income Properties REIT LP | HOT-UN:TO | Real Estate | $155M | - | $39M |
| 107 | Wheeler Real Estate Investment Trust, Inc. | WHLRD:US | Real Estate | $95M | - | $34M |
| 108 | American Hotel Income Properties LP | HOT-U:TO | Real Estate | $276M | - | $27M |
| 109 | Dream Impact Trust | MPCT-UN:TO | Real Estate | $-5,121,000 | - | $27M |
| 110 | Bridgemarq Real Estate Services Inc | BRE:TO | Real Estate | $389M | 10.1 | $26M |
| 111 | Alset Ehome International Inc | AEI:US | Real Estate | $4M | - | $24M |
| 112 | Becker Milk Co Ltd Cl B Nv Spec (BEK-B.TO | BEK-B:TO | Real Estate | $3M | 21.8 | $24M |
| 113 | Medalist Diversified Reit Inc | MDRR:US | Real Estate | $10M | 2.6 | $23M |
| 114 | Inovalis Real Estate Investment Trust | INO-UN:TO | Real Estate | $8M | - | $23M |
| 115 | Murano Global Investments PLC Ordinary Shares | MRNO:US | Real Estate | $1.1B | - | $23M |
| 116 | Firm Capital Apartment Real Estate Investment Trust | FCA-U:V | Real Estate | $11M | - | $21M |
| 117 | Lead Real Estate Co., Ltd American Depositary Shares | LRE:US | Real Estate | $18.3B | 4.0 | $15M |
| 118 | Creative Media & Community Trust Corporation | CMCT:US | Real Estate | $107M | - | $15M |
| 119 | Linkhome Holdings Inc. Common stock | LHAI:US | Real Estate | $21M | - | $14M |
| 120 | Wetouch Technology Inc. Common Stock | WETH:US | Real Estate | $48M | 1.4 | $13M |
| 121 | Yorkton Equity Group Inc | YEG:V | Real Estate | $12M | - | $12M |
| 122 | Gulf & Pacific Equities Corp | GUF:V | Real Estate | $5M | - | $12M |
| 123 | Gyrodyne Company of America Inc | GYRO:US | Real Estate | $3M | 40.3 | $10M |
| 124 | Kadestone Capital Corp | KDSX:V | Real Estate | $-779,637 | - | $9M |
| 125 | Marwest Apartment Real Estate Investment Trust | MAR-UN:V | Real Estate | $11M | 5.1 | $8M |
| 126 | Wheeler Real Estate Investment Trust Inc Pref | WHLRP:US | Real Estate | $95M | - | $7M |
| 127 | Tribe Property Technologies Inc | TRBE:V | Real Estate | $33M | - | $7M |
| 128 | Fathom Holdings Inc | FTHM:US | Real Estate | $407M | - | $6M |
| 129 | RenX Enterprises Corp. | RENX:US | Real Estate | $15M | - | $6M |
| 130 | reAlpha Tech Corp. Common Stock | AIRE:US | Real Estate | $4M | - | $6M |
| 131 | Ohmyhome Limited Ordinary Shares | OMH:US | Real Estate | $15M | - | $5M |
| 132 | Realia Properties Inc | RLP:V | Real Estate | $5M | 2.0 | $5M |
| 133 | Real Messenger Corporation Ordinary Shares | RMSG:US | Real Estate | $29,472 | - | $4M |
| 134 | MacKenzie Realty Capital, Inc. Common Stock | MKZR:US | Real Estate | $20M | - | $3M |
| 135 | R&R Real Estate Investment Trust | RRR-UN:V | Real Estate | $28M | 2.2 | $3M |
| 136 | Ravelin Properties REIT | RPR-UN:TO | Real Estate | $184M | - | $2M |
| 137 | Change Agents Corporation | CHGA:US | Real Estate | - | 0.8 | $2M |
| 138 | Pine Trail Real Estate Investment Trust | PINE-UN:V | Real Estate | $366,402 | - | $1M |
| 139 | Ucommune International Ltd | UK:US | Real Estate | $26M | - | $1M |
| 140 | Regent Pacific Properties Inc | RPP:V | Real Estate | $3M | - | $1M |
| 141 | Generation Income Properties Inc | GIPR:US | Real Estate | $9M | - | $1M |
| 142 | Presidio Property Trust | SQFT:US | Real Estate | $16M | - | $1M |
| 143 | Wheeler Real Estate Investment Trust, Inc. | WHLR:US | Real Estate | $95M | - | $1M |
| 144 | La Rosa Holdings Corp. Common Stock | LRHC:US | Real Estate | $62M | - | $0M |