| 1 | Cresud SACIF y A | CRESY:US | Real Estate | $904M | 7.2 | $1379.4B |
| 2 | Lead Real Estate Co., Ltd American Depositary Shares | LRE:US | Real Estate | $14M | 2.3 | $17.8B |
| 3 | Equinix Inc | EQIX:US | Real Estate | $104.5B | 68.2 | $9.9B |
| 4 | Brookfield Property Partners LP | BPYPO:US | Real Estate | - | 6.8 | $7.7B |
| 5 | Brookfield Property Partners LP | BPYPP:US | Real Estate | $10.7B | 7.1 | $7.7B |
| 6 | Brookfield Property Partners LP PR | BPYPN:US | Real Estate | - | 6.1 | $7.7B |
| 7 | Host Hotels & Resorts Inc | HST:US | Real Estate | $15.5B | 15.0 | $6.2B |
| 8 | Colliers International Group Inc Bats | CIGI:US | Real Estate | $4.7B | 43.8 | $6.0B |
| 9 | Colliers International Group Inc Bats | CIGI:TO | Real Estate | $6.6B | 43.9 | $6.0B |
| 10 | FirstService Corp | FSV:TO | Real Estate | $8.2B | 37.9 | $5.6B |
| 11 | FirstService Corp | FSV:US | Real Estate | $5.8B | 37.6 | $5.6B |
| 12 | Lineage, Inc. Common Stock | LINE:US | Real Estate | $9.4B | - | $5.4B |
| 13 | Newmark Group Inc | NMRK:US | Real Estate | $3.4B | 17.4 | $3.6B |
| 14 | CoStar Group Inc | CSGP:US | Real Estate | $11.7B | 159.8 | $3.6B |
| 15 | Uniti Group Inc | UNIT:US | Real Estate | $2.3B | 2.5 | $3.5B |
| 16 | Opendoor Technologies Inc | OPEN:US | Real Estate | $2.6B | - | $3.3B |
| 17 | SBA Communications Corp | SBAC:US | Real Estate | $18.7B | 19.0 | $2.9B |
| 18 | Zillow Group Inc Class C | Z:US | Real Estate | $7.0B | 134.6 | $2.8B |
| 19 | Zillow Group Inc | ZG:US | Real Estate | $7.0B | 135.3 | $2.8B |
| 20 | Brookfield Office Properties Inc Pref Class AAA Series II | BPO-PI:TO | Real Estate | - | 5.2 | $2.5B |
| 21 | Brookfield Offi Pro Cl Aaa P Prf | BPO-PP:TO | Real Estate | $9.8B | 5.0 | $2.5B |
| 22 | Brookfield Office Properties Inc Pref W | BPO-PW:TO | Real Estate | $5.5B | 3.1 | $2.5B |
| 23 | Brookfield Office Properties Inc Pref C | BPO-PC:TO | Real Estate | $12.2B | 5.8 | $2.5B |
| 24 | Brookfield Office Properties Inc Pref X | BPO-PX:TO | Real Estate | $5.6B | 3.3 | $2.5B |
| 25 | Brookfield Office Properties Inc Pref Y | BPO-PY:TO | Real Estate | $5.6B | 3.2 | $2.5B |
| 26 | Brookfield Office Properties Inc Pref A | BPO-PA:TO | Real Estate | $10.3B | 5.1 | $2.5B |
| 27 | Brookfield Offi Pro Cl Aaa N Prf | BPO-PN:TO | Real Estate | $10.1B | 5.2 | $2.5B |
| 28 | Lamar Advertising Company | LAMR:US | Real Estate | $14.7B | 26.5 | $2.3B |
| 29 | Real Brokerage Inc | REAX:US | Real Estate | $375M | - | $2.2B |
| 30 | Vornado Realty Trust | VNO-PO:US | Real Estate | - | 21.8 | $1.9B |
| 31 | Regency Centers Corporation 5.875% Series B Cumulative Redeemable Preferred Stock | REGCO:US | Real Estate | - | - | $1.7B |
| 32 | Regency Centers Corporation | REG:US | Real Estate | $13.7B | 24.8 | $1.7B |
| 33 | Regency Centers Corporation 6.25% Series A Cumulative Redeemable Preferred Stock | REGCP:US | Real Estate | - | - | $1.7B |
| 34 | Service Properties Trust | SVC:US | Real Estate | $873M | - | $1.7B |
| 35 | Gaming & Leisure Properties | GLPI:US | Real Estate | $11.9B | 11.6 | $1.7B |
| 36 | Pebblebrook Hotel Trust | PEB-PH:US | Real Estate | - | - | $1.5B |
| 37 | Diversified Healthcare Trust | DHC:US | Real Estate | $2.0B | - | $1.5B |
| 38 | Choice Properties Real Estate Investment Trust | CHP-UN:TO | Real Estate | $10.7B | - | $1.5B |
| 39 | RioCan Real Estate Investment Trust | REI-UN:TO | Real Estate | $6.0B | 24.0 | $1.3B |
| 40 | Chartwell Retirement Residences | CSH-UN:TO | Real Estate | $6.7B | 1013.0 | $1.2B |
| 41 | Murano Global Investments PLC Ordinary Shares | MRNO:US | Real Estate | $25M | - | $1.1B |
| 42 | Diamondrock Hospitality Company | DRH:US | Real Estate | $2.5B | 17.1 | $1.1B |
| 43 | Morguard Corporation | MRC:TO | Real Estate | $1.2B | 5.9 | $1.1B |
| 44 | Sunstone Hotel Investors Inc. | SHO-PI:US | Real Estate | - | 58.5 | $1.0B |
| 45 | Canadian Apartment Properties Real Estate Investment Trust | CAR-UN:TO | Real Estate | $4.9B | - | $990M |
| 46 | SmartCentres Real Estate Investment Trust | SRU-UN:TO | Real Estate | $5.3B | 29.2 | $956M |
| 47 | Sabra Healthcare REIT Inc | SBRA:US | Real Estate | $5.1B | 76.2 | $864M |
| 48 | H&R Real Estate Investment Trust | HR-UN:TO | Real Estate | $2.7B | - | $831M |
| 49 | Phillips Edison & Co Inc | PECO:US | Real Estate | $5.2B | 32.5 | $751M |
| 50 | First Capital Real Estate Investment Trust | FCR-UN:TO | Real Estate | $4.8B | 4.6 | $740M |
| 51 | Summit Hotel Properties Inc. | INN-PF:US | Real Estate | - | - | $736M |
| 52 | Primaris Retail R.E. Invest. Tr. Units | PMZ-UN:TO | Real Estate | $2.9B | 20.6 | $699M |
| 53 | Granite Real Estate Investment Trust | GRT-UN:TO | Real Estate | $5.2B | 13.9 | $644M |
| 54 | Boardwalk Real Estate Investment Trust | BEI-UN:TO | Real Estate | $3.4B | - | $641M |
| 55 | CT Real Estate Investment Trust | CRT-UN:TO | Real Estate | $4.0B | 8.8 | $618M |
| 56 | Allied Properties Real Estate Investment Trust | AP-UN:TO | Real Estate | $1.6B | - | $581M |
| 57 | Dream Industrial Real Estate Investment Trust | DIR-UN:TO | Real Estate | $3.8B | 22.0 | $554M |
| 58 | Altus Group Limited | AIF:TO | Real Estate | $1.5B | - | $514M |
| 59 | Crombie Real Estate Investment Trust | CRR-UN:TO | Real Estate | $4.1B | - | $507M |
| 60 | Dream Unlimited Corp | DRM:TO | Real Estate | $722M | 82.0 | $469M |
| 61 | NorthWest Healthcare Properties Real Estate Investment Trust | NWH-UN:TO | Real Estate | $1.4B | - | $458M |
| 62 | Industrial Logistics Properties Trust | ILPT:US | Real Estate | $513M | - | $455M |
| 63 | Fathom Holdings Inc | FTHM:US | Real Estate | $19M | - | $407M |
| 64 | Killam Apartment Real Estate Investment Trust | KMP-UN:TO | Real Estate | $2.1B | 245.7 | $392M |
| 65 | Bridgemarq Real Estate Services Inc | BRE:TO | Real Estate | $30M | 12.9 | $389M |
| 66 | XChange TEC.INC | XHG:US | Real Estate | $120M | 0.0 | $387M |
| 67 | Genesis Land Development Corp. | GDC:TO | Real Estate | $195M | 6.2 | $378M |
| 68 | Melcor Developments Ltd. | MRD:TO | Real Estate | $557M | 6.2 | $367M |
| 69 | Morguard North American Residential Real Estate Investment Trust | MRG-UN:TO | Real Estate | $1.0B | 12.2 | $354M |
| 70 | Storage Vault Canada Inc | SVI:TO | Real Estate | $1.5B | - | $352M |
| 71 | National Healthcare Properties, Inc. | NHP:US | Real Estate | $1.2B | - | $344M |
| 72 | National Healthcare Properties, Inc. | NHPAP:US | Real Estate | - | - | $344M |
| 73 | Mainstreet Equity Corp. | MEQ:TO | Real Estate | $1.6B | 8.9 | $287M |
| 74 | American Hotel Income Properties LP | HOT-U:TO | Real Estate | $27M | - | $276M |
| 75 | InterRent Real Estate Investment Trust | IIP-UN:TO | Real Estate | $1.9B | 338.5 | $247M |
| 76 | Morguard Real Estate Investment Trust | MRT-UN:TO | Real Estate | $474M | 88.1 | $242M |
| 77 | Slate Grocery REIT | SGR-U:TO | Real Estate | $657M | 15.2 | $234M |
| 78 | Slate Grocery REIT | SGR-UN:TO | Real Estate | $888M | 15.1 | $234M |
| 79 | RMR Group Inc | RMR:US | Real Estate | $322M | 16.4 | $223M |
| 80 | Artis Real Estate Investment Trust Pref E | AX-PE:TO | Real Estate | - | 4.9 | $200M |
| 81 | Artis Real Estate Investment Trust | AX-UN:TO | Real Estate | $846M | - | $200M |
| 82 | Artis Real Estate Investment Trust | AX-PI:TO | Real Estate | $1.5B | 5.2 | $200M |
| 83 | Ravelin Properties REIT | RPR-UN:TO | Real Estate | $2M | - | $184M |
| 84 | Altisource Portfolio Solutions SA | ASPS:US | Real Estate | $65M | - | $182M |
| 85 | Dream Office Real Estate Investment Trust | D-UN:TO | Real Estate | $339M | - | $181M |
| 86 | Wall Financial Corporation | WFC:TO | Real Estate | $653M | 18.0 | $179M |
| 87 | Nexus Real Estate Investment Trust | NXR-UN:TO | Real Estate | $879M | 13.5 | $178M |
| 88 | Sotherly Hotels Inc Pref | SOHOO:US | Real Estate | $44M | - | $175M |
| 89 | Sotherly Hotels Inc PR | SOHON:US | Real Estate | $75M | - | $175M |
| 90 | Gladstone Commercial Corp Pref | GOODN:US | Real Estate | - | - | $170M |
| 91 | Gladstone Commercial Corporation | GOOD:US | Real Estate | $624M | 51.1 | $170M |
| 92 | American Hotel Income Properties REIT LP | HOT-UN:TO | Real Estate | $36M | - | $155M |
| 93 | Minto Apartment Real Estate Investment Trust | MI-UN:TO | Real Estate | $1.1B | - | $152M |
| 94 | Gladstone Commercial Corp Preferred Series G | GOODO:US | Real Estate | $468M | 699.7 | $135M |
| 95 | BSR Real Estate Investment Trust | HOM-UN:TO | Real Estate | $626M | 19.6 | $135M |
| 96 | BSR Real Estate Investment Trust | HOM-U:TO | Real Estate | $440M | 19.2 | $135M |
| 97 | Plaza Retail REIT | PLZ-UN:TO | Real Estate | $586M | 9.2 | $133M |
| 98 | BTB Real Estate Investment Trust | BTB-UN:TO | Real Estate | $325M | 13.0 | $129M |
| 99 | True North Commercial Real Estate Investment Trust | TNT-UN:TO | Real Estate | $118M | - | $129M |
| 100 | Flagship Communities Real Estate Investment Trust | MHC-U:TO | Real Estate | $524M | 4.2 | $114M |
| 101 | Automotive Properties Real Estate Investment Trust | APR-UN:TO | Real Estate | $662M | 10.6 | $113M |
| 102 | Pro Real Estate Investment Trust | PRV-UN:TO | Real Estate | $577M | 12.9 | $107M |
| 103 | Creative Media & Community Trust Corporation | CMCT:US | Real Estate | $8M | - | $107M |
| 104 | Star Holdings | STHO:US | Real Estate | $109M | 7.5 | $98M |
| 105 | Wheeler Real Estate Investment Trust, Inc. | WHLR:US | Real Estate | $0M | 0.0 | $95M |
| 106 | Wheeler Real Estate Investment Trust Inc Pref | WHLRP:US | Real Estate | $7M | - | $95M |
| 107 | Wheeler Real Estate Investment Trust, Inc. | WHLRD:US | Real Estate | $34M | - | $95M |
| 108 | Gladstone Land Corporation | LAND:US | Real Estate | $414M | - | $89M |
| 109 | Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock | LANDP:US | Real Estate | $228M | - | $89M |
| 110 | Gladstone Land Corporation | LANDO:US | Real Estate | - | - | $89M |
| 111 | Hotel101 Global Holdings Corp. Class A Ordinary Shares | HBNB:US | Real Estate | $1.1B | - | $76M |
| 112 | The Intergroup Corporation | INTG:US | Real Estate | $80M | - | $72M |
| 113 | Firm Capital Property Trust | FCD-UN:TO | Real Estate | $253M | 8.8 | $63M |
| 114 | La Rosa Holdings Corp. Common Stock | LRHC:US | Real Estate | $8M | - | $62M |
| 115 | Wetouch Technology Inc. Common Stock | WETH:US | Real Estate | $13M | 1.4 | $48M |
| 116 | Madison Pacific Properties Inc | MPC-C:TO | Real Estate | $271M | 11.3 | $45M |
| 117 | Madison Pacific Properties Inc. | MPC:TO | Real Estate | $288M | 12.1 | $45M |
| 118 | European Residential Real Estate Investment Trust | ERE-UN:TO | Real Estate | $111M | - | $38M |
| 119 | NexLiving Communities Inc | NXLV:V | Real Estate | $73M | 10.8 | $35M |
| 120 | Frp Holdings Ord | FRPH:US | Real Estate | $410M | 2136.0 | $34M |
| 121 | Tribe Property Technologies Inc | TRBE:V | Real Estate | $9M | - | $33M |
| 122 | Halmont Properties Corporation | HMT:V | Real Estate | $158M | 12.8 | $33M |
| 123 | Canadian Net Real Estate Investment Trust | NET-UN:V | Real Estate | $138M | 10.0 | $32M |
| 124 | Parkit Enterprise Inc | PKT:V | Real Estate | $111M | 7.9 | $28M |
| 125 | R&R Real Estate Investment Trust | RRR-UN:V | Real Estate | $3M | 2.2 | $28M |
| 126 | Ucommune International Ltd | UK:US | Real Estate | $7M | - | $26M |
| 127 | J W Mays Inc | MAYS:US | Real Estate | $82M | - | $21M |
| 128 | Linkhome Holdings Inc. Common stock | LHAI:US | Real Estate | $18M | - | $21M |
| 129 | Imperial Equities Inc. | IEI:V | Real Estate | $45M | 9.9 | $20M |
| 130 | MacKenzie Realty Capital, Inc. Common Stock | MKZR:US | Real Estate | $3M | - | $19M |
| 131 | Presidio Property Trust Inc Preferred Series D | SQFTP:US | Real Estate | - | - | $16M |
| 132 | Presidio Property Trust | SQFT:US | Real Estate | $2M | - | $16M |
| 133 | Urbanfund Corp | UFC:V | Real Estate | $47M | 9.7 | $16M |
| 134 | RenX Enterprises Corp. | RENX:US | Real Estate | $5M | - | $15M |
| 135 | Ohmyhome Limited Ordinary Shares | OMH:US | Real Estate | $4M | - | $15M |
| 136 | Invesque Inc | IVQ-U:TO | Real Estate | $69M | - | $14M |
| 137 | Invesque Inc | IVQ:TO | Real Estate | $92M | - | $14M |
| 138 | Global Self Storage Inc | SELF:US | Real Estate | $57M | 27.8 | $13M |
| 139 | Yorkton Equity Group Inc | YEG:V | Real Estate | $11M | - | $12M |
| 140 | Firm Capital Apartment Real Estate Investment Trust | FCA-U:V | Real Estate | $21M | - | $11M |
| 141 | Marwest Apartment Real Estate Investment Trust | MAR-UN:V | Real Estate | $7M | 4.6 | $11M |
| 142 | Medalist Diversified Reit Inc | MDRR:US | Real Estate | $24M | 2.7 | $10M |
| 143 | Generation Income Properties Inc | GIPR:US | Real Estate | $2M | - | $9M |
| 144 | Inovalis Real Estate Investment Trust | INO-UN:TO | Real Estate | $25M | - | $8M |
| 145 | Realia Properties Inc | RLP:V | Real Estate | $5M | 2.0 | $5M |
| 146 | Gulf & Pacific Equities Corp | GUF:V | Real Estate | $12M | 57.0 | $5M |
| 147 | reAlpha Tech Corp. Common Stock | AIRE:US | Real Estate | $8M | - | $4M |
| 148 | Alset Ehome International Inc | AEI:US | Real Estate | $32M | - | $4M |
| 149 | Becker Milk Co Ltd Cl B Nv Spec (BEK-B.TO | BEK-B:TO | Real Estate | $23M | 21.1 | $3M |
| 150 | Gyrodyne Company of America Inc | GYRO:US | Real Estate | $11M | 45.5 | $3M |
| 151 | Regent Pacific Properties Inc | RPP:V | Real Estate | $1M | - | $3M |
| 152 | Pine Trail Real Estate Investment Trust | PINE-UN:V | Real Estate | $1M | - | $366,402 |
| 153 | Real Messenger Corporation Ordinary Shares | RMSG:US | Real Estate | $5M | - | $29,472 |