| 1 | Equinix Inc | EQIX:US | Real Estate | $9.9B | 66.0 | $101.2B |
| 2 | SBA Communications Corp | SBAC:US | Real Estate | $2.9B | 19.7 | $19.4B |
| 3 | Host Hotels & Resorts Inc | HST:US | Real Estate | $6.2B | 15.2 | $15.7B |
| 4 | Lamar Advertising Company | LAMR:US | Real Estate | $2.3B | 26.8 | $14.9B |
| 5 | Regency Centers Corporation | REG:US | Real Estate | $1.7B | 24.1 | $13.4B |
| 6 | Brookfield Office Properties Inc Pref C | BPO-PC:TO | Real Estate | $2.5B | 5.8 | $12.2B |
| 7 | CoStar Group Inc | CSGP:US | Real Estate | $3.6B | 162.3 | $11.8B |
| 8 | Gaming & Leisure Properties | GLPI:US | Real Estate | $1.7B | 11.2 | $11.5B |
| 9 | Choice Properties Real Estate Investment Trust | CHP-UN:TO | Real Estate | $1.5B | - | $10.7B |
| 10 | Brookfield Property Partners LP | BPYPP:US | Real Estate | $7.7B | 7.0 | $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 | 5.0 | $9.8B |
| 14 | Lineage, Inc. Common Stock | LINE:US | Real Estate | $5.4B | - | $8.6B |
| 15 | FirstService Corp | FSV:TO | Real Estate | $5.6B | 38.6 | $8.1B |
| 16 | Zillow Group Inc | ZG:US | Real Estate | $2.8B | 129.9 | $6.7B |
| 17 | Chartwell Retirement Residences | CSH-UN:TO | Real Estate | $1.2B | 645.0 | $6.4B |
| 18 | Colliers International Group Inc Bats | CIGI:TO | Real Estate | $6.0B | 42.4 | $6.3B |
| 19 | Zillow Group Inc Class C | Z:US | Real Estate | $2.8B | 121.0 | $6.3B |
| 20 | RioCan Real Estate Investment Trust | REI-UN:TO | Real Estate | $1.3B | 23.8 | $6.0B |
| 21 | FirstService Corp | FSV:US | Real Estate | $5.6B | 36.9 | $5.7B |
| 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 | 33.0 | $5.3B |
| 26 | Granite Real Estate Investment Trust | GRT-UN:TO | Real Estate | $644M | 14.0 | $5.2B |
| 27 | SmartCentres Real Estate Investment Trust | SRU-UN:TO | Real Estate | $956M | 28.7 | $5.2B |
| 28 | Sabra Healthcare REIT Inc | SBRA:US | Real Estate | $864M | 76.8 | $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 | 41.0 | $4.4B |
| 32 | CT Real Estate Investment Trust | CRT-UN:TO | Real Estate | $618M | 9.0 | $4.1B |
| 33 | Dream Industrial Real Estate Investment Trust | DIR-UN:TO | Real Estate | $554M | 21.9 | $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 | 17.5 | $3.0B |
| 36 | Crombie Real Estate Investment Trust | CRR-UN:TO | Real Estate | $507M | - | $2.9B |
| 37 | Newmark Group Inc | NMRK:US | Real Estate | $3.6B | 14.9 | $2.9B |
| 38 | Diamondrock Hospitality Company | DRH:US | Real Estate | $1.1B | 17.8 | $2.6B |
| 39 | H&R Real Estate Investment Trust | HR-UN:TO | Real Estate | $831M | - | $2.5B |
| 40 | Opendoor Technologies Inc | OPEN:US | Real Estate | $3.3B | - | $2.2B |
| 41 | Killam Apartment Real Estate Investment Trust | KMP-UN:TO | Real Estate | $392M | 342.0 | $2.1B |
| 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 | Uniti Group Inc | UNIT:US | Real Estate | $3.5B | 4.4 | $1.7B |
| 45 | Altus Group Limited | AIF:TO | Real Estate | $514M | - | $1.6B |
| 46 | Mainstreet Equity Corp. | MEQ:TO | Real Estate | $287M | 9.0 | $1.6B |
| 47 | Storage Vault Canada Inc | SVI:TO | Real Estate | $352M | - | $1.5B |
| 48 | Artis Real Estate Investment Trust | AX-PI:TO | Real Estate | $200M | 5.2 | $1.5B |
| 49 | NorthWest Healthcare Properties Real Estate Investment Trust | NWH-UN:TO | Real Estate | $458M | - | $1.4B |
| 50 | Allied Properties Real Estate Investment Trust | AP-UN:TO | Real Estate | $581M | - | $1.3B |
| 51 | Morguard Corporation | MRC:TO | Real Estate | $1.1B | 5.9 | $1.2B |
| 52 | National Healthcare Properties, Inc. | NHP:US | Real Estate | $344M | - | $1.1B |
| 53 | Minto Apartment Real Estate Investment Trust | MI-UN:TO | Real Estate | $152M | - | $1.1B |
| 54 | Slate Grocery REIT | SGR-UN:TO | Real Estate | $234M | 18.2 | $1.1B |
| 55 | Hotel101 Global Holdings Corp. Class A Ordinary Shares | HBNB:US | Real Estate | $76M | - | $1.0B |
| 56 | Morguard North American Residential Real Estate Investment Trust | MRG-UN:TO | Real Estate | $354M | 6.8 | $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 | 5.9 | $810M |
| 59 | Wall Financial Corporation | WFC:TO | Real Estate | $179M | 21.3 | $771M |
| 60 | Service Properties Trust | SVC:US | Real Estate | $1.7B | - | $768M |
| 61 | Slate Grocery REIT | SGR-U:TO | Real Estate | $234M | 17.6 | $759M |
| 62 | Dream Unlimited Corp | DRM:TO | Real Estate | $469M | 80.0 | $705M |
| 63 | Nexus Real Estate Investment Trust | NXR-UN:TO | Real Estate | $178M | 12.8 | $693M |
| 64 | Automotive Properties Real Estate Investment Trust | APR-UN:TO | Real Estate | $113M | 9.7 | $650M |
| 65 | Gladstone Commercial Corporation | GOOD:US | Real Estate | $170M | 51.3 | $626M |
| 66 | eXp World Holdings, Inc. | AGNT:US | Real Estate | $5.0B | - | $622M |
| 67 | Plaza Retail REIT | PLZ-UN:TO | Real Estate | $133M | 9.3 | $589M |
| 68 | BSR Real Estate Investment Trust | HOM-UN:TO | Real Estate | $135M | 19.4 | $587M |
| 69 | Pro Real Estate Investment Trust | PRV-UN:TO | Real Estate | $107M | 10.9 | $585M |
| 70 | Real Brokerage Inc | REAX:US | Real Estate | $2.2B | - | $567M |
| 71 | Melcor Developments Ltd. | MRD:TO | Real Estate | $367M | 6.3 | $563M |
| 72 | Flagship Communities Real Estate Investment Trust | MHC-U:TO | Real Estate | $114M | 4.3 | $532M |
| 73 | Morguard Real Estate Investment Trust | MRT-UN:TO | Real Estate | $242M | 101.7 | $479M |
| 74 | Gladstone Commercial Corp Preferred Series G | GOODO:US | Real Estate | $135M | 622.4 | $468M |
| 75 | Industrial Logistics Properties Trust | ILPT:US | Real Estate | $455M | - | $468M |
| 76 | BSR Real Estate Investment Trust | HOM-U:TO | Real Estate | $135M | 18.7 | $415M |
| 77 | Gladstone Land Corporation | LAND:US | Real Estate | $89M | - | $409M |
| 78 | Frp Holdings Ord | FRPH:US | Real Estate | $34M | 0.0 | $385M |
| 79 | BTB Real Estate Investment Trust | BTB-UN:TO | Real Estate | $129M | 12.5 | $324M |
| 80 | Dream Office Real Estate Investment Trust | D-UN:TO | Real Estate | $181M | - | $310M |
| 81 | RMR Group Inc | RMR:US | Real Estate | $223M | 15.4 | $302M |
| 82 | Madison Pacific Properties Inc. | MPC:TO | Real Estate | $45M | 12.0 | $286M |
| 83 | Madison Pacific Properties Inc | MPC-C:TO | Real Estate | $45M | 11.9 | $285M |
| 84 | Firm Capital Property Trust | FCD-UN:TO | Real Estate | $63M | 8.9 | $256M |
| 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 | $198M |
| 87 | Halmont Properties Corporation | HMT:V | Real Estate | $33M | 14.9 | $184M |
| 88 | Invesque Inc | IVQ:TO | Real Estate | $14M | - | $129M |
| 89 | Canadian Net Real Estate Investment Trust | NET-UN:V | Real Estate | $32M | 9.2 | $125M |
| 90 | Parkit Enterprise Inc | PKT:V | Real Estate | $28M | 7.5 | $114M |
| 91 | European Residential Real Estate Investment Trust | ERE-UN:TO | Real Estate | $38M | - | $111M |
| 92 | XChange TEC.INC | XHG:US | Real Estate | $387M | 0.0 | $109M |
| 93 | True North Commercial Real Estate Investment Trust | TNT-UN:TO | Real Estate | $129M | - | $108M |
| 94 | Star Holdings | STHO:US | Real Estate | $98M | 6.8 | $100M |
| 95 | Real Estate & E-Commerce Split Corp | RS:TO | Real Estate | - | 4.8 | $98M |
| 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 | 11.5 | $74M |
| 100 | The Intergroup Corporation | INTG:US | Real Estate | $74M | 46.1 | $70M |
| 101 | Altisource Portfolio Solutions SA | ASPS:US | Real Estate | $182M | - | $68M |
| 102 | Global Self Storage Inc | SELF:US | Real Estate | $13M | 27.2 | $56M |
| 103 | Urbanfund Corp | UFC:V | Real Estate | $16M | 9.8 | $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 | Dream Impact Trust | MPCT-UN:TO | Real Estate | $-5,121,000 | - | $28M |
| 109 | American Hotel Income Properties LP | HOT-U:TO | Real Estate | $276M | - | $27M |
| 110 | Alset Ehome International Inc | AEI:US | Real Estate | $4M | - | $27M |
| 111 | Bridgemarq Real Estate Services Inc | BRE:TO | Real Estate | $389M | 11.1 | $26M |
| 112 | Becker Milk Co Ltd Cl B Nv Spec (BEK-B.TO | BEK-B:TO | Real Estate | $3M | 22.0 | $24M |
| 113 | Medalist Diversified Reit Inc | MDRR:US | Real Estate | $10M | 2.6 | $24M |
| 114 | Inovalis Real Estate Investment Trust | INO-UN:TO | Real Estate | $8M | - | $23M |
| 115 | Firm Capital Apartment Real Estate Investment Trust | FCA-U:V | Real Estate | $11M | - | $21M |
| 116 | Murano Global Investments PLC Ordinary Shares | MRNO:US | Real Estate | $1.1B | - | $18M |
| 117 | Linkhome Holdings Inc. Common stock | LHAI:US | Real Estate | $21M | - | $17M |
| 118 | Lead Real Estate Co., Ltd American Depositary Shares | LRE:US | Real Estate | $18.3B | 4.2 | $16M |
| 119 | Creative Media & Community Trust Corporation | CMCT:US | Real Estate | $107M | - | $12M |
| 120 | Wetouch Technology Inc. Common Stock | WETH:US | Real Estate | $48M | 1.3 | $12M |
| 121 | Yorkton Equity Group Inc | YEG:V | Real Estate | $12M | - | $12M |
| 122 | Gulf & Pacific Equities Corp | GUF:V | Real Estate | $5M | 0.0 | $12M |
| 123 | Gyrodyne Company of America Inc | GYRO:US | Real Estate | $3M | 43.4 | $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 | 4.7 | $8M |
| 126 | Tribe Property Technologies Inc | TRBE:V | Real Estate | $33M | - | $8M |
| 127 | Fathom Holdings Inc | FTHM:US | Real Estate | $407M | - | $7M |
| 128 | Wheeler Real Estate Investment Trust Inc Pref | WHLRP:US | Real Estate | $95M | - | $7M |
| 129 | reAlpha Tech Corp. Common Stock | AIRE:US | Real Estate | $4M | - | $7M |
| 130 | RenX Enterprises Corp. | RENX:US | Real Estate | $15M | - | $6M |
| 131 | Realia Properties Inc | RLP:V | Real Estate | $5M | 2.0 | $5M |
| 132 | Ohmyhome Limited Ordinary Shares | OMH:US | Real Estate | $15M | - | $5M |
| 133 | Real Messenger Corporation Ordinary Shares | RMSG:US | Real Estate | $29,472 | - | $5M |
| 134 | MacKenzie Realty Capital, Inc. Common Stock | MKZR:US | Real Estate | $20M | - | $4M |
| 135 | R&R Real Estate Investment Trust | RRR-UN:V | Real Estate | $28M | 2.2 | $3M |
| 136 | Change Agents Corporation | CHGA:US | Real Estate | - | 1.0 | $2M |
| 137 | Ravelin Properties REIT | RPR-UN:TO | Real Estate | $184M | - | $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 | Generation Income Properties Inc | GIPR:US | Real Estate | $9M | - | $1M |
| 141 | Presidio Property Trust | SQFT:US | Real Estate | $16M | - | $1M |
| 142 | Regent Pacific Properties Inc | RPP:V | Real Estate | $3M | - | $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 | - | $1M |