BN BROOKFIELD CORPORATION Real Estate Development & Services $75.1B — $11.0B 12.0% $719M $519.0B CBRE CBRE Group Inc Common Stock Class A Real Estate Development & Services $40.5B $3.3B $1.6B — — $30.9B JLL Jones Lang LaSalle Incorporated Real Estate Development & Services $26.1B $306M $1.2B 5.2% — $17.8B 8801 Mitsui Fudosan Real Estate Development & Services $17.1B $28.8B $916M 21.4% $577M $63.7B BEKE KE Holdings Inc Real Estate Development & Services $14.0B +$7.0B cash ($56M) 21.2% · 2y $426M $17.2B 8802 Mitsubishi Estate Real Estate Development & Services $11.0B $20.8B $3.2B 15.4% $350M $54.0B WELL Welltower Inc. REITs — Health Care $10.8B $14.2B $2.9B 81.7% $1.9B $67.3B AMT American Tower Corp. REITs — Data Centers & Towers $10.6B $40.8B $5.5B 48.4% $3.2B $63.2B CWK Cushman & Wakefield Ltd. Real Estate Development & Services $10.3B $2.5B $340M — — $7.7B EQIX Equinix Inc. Common Stock REIT REITs — Data Centers & Towers $9.2B $13.7B $3.9B 42.4% $1.9B $40.1B PLD Prologis Inc. REITs — Industrial & Logistics $8.8B $33.9B $5.0B 61.4% $3.8B $98.7B 3289 Tokyu Fudosan Holdings Real Estate Development & Services $7.9B $10.2B $817M 15.1% $188M $21.6B BPYPM Brookfield Property Partners L.P. Real Estate Development & Services $7.1B $33.5B ($595M) 303.1% $2.8B $99.3B COMP Compass Inc. Real Estate Development & Services $7.0B +$199M cash $217M — — $1.5B WY Weyerhaeuser REITs — Specialty & Diversified $6.9B $5.9B $562M 81.6% $606M $16.6B IRM Iron Mountain Inc REITs — Specialty & Diversified $6.9B $16.3B $1.3B 72.3% $919M $21.1B 8830 Sumitomo Realty & Development Real Estate Development & Services $6.7B $23.6B $803M 9.3% $228M $45.3B SPG Simon Property Group REITs — Retail $6.4B $27.6B $4.1B 62.1% · 3y — $40.6B HST Host Hotels & Resorts Inc. REITs — Hotels $6.1B $4.3B $1.5B 45.8% $623M $13.0B DLR Digital Realty Trust Inc. REITs — Data Centers & Towers $6.1B $12.7B $2.4B 69.9% $1.7B $49.4B VTR Ventas Inc. REITs — Health Care $5.8B $12.3B $1.6B 64.5% $860M $27.6B O Realty Income Corp. REITs — Specialty & Diversified $5.7B $24.6B $4.0B 77.5% $2.9B $72.8B CIGI Colliers International Group Inc. Real Estate Development & Services $5.6B $31M $330M 2.3% $15M $6.8B FSV FirstService Corporation Real Estate Development & Services $5.5B $612M $446M 15.1% $49M $4.3B LINE Lineage Inc. REITs — Specialty & Diversified $5.4B $6.0B $943M 34.6% $537M $19.2B VAC Marriott Vacations Worldwide Corporation Real Estate Development & Services $5.0B $3.1B $28M 25.4% $110M $9.8B PSA Public Storage REITs — Specialty & Diversified $4.8B $9.9B $3.2B — — $20.2B AGNT AGNT Inc. Real Estate Development & Services $4.8B +$123M cash $119M 13.6% $31M $442M RITM Rithm Capital Corp. REITs — Specialty & Diversified $4.6B $33.6B ($1.3B) 14.3% · 2y — $53.1B OPEN Opendoor Technologies Inc Real Estate Development & Services $4.4B $106M $1.0B — — $2.4B CCI Crown Castle Inc. REITs — Data Centers & Towers $4.3B $27.0B $3.1B 72.8% $2.1B $31.5B VICI VICI Properties Inc. REITs — Specialty & Diversified $4.0B $16.2B $2.5B 73.1% $1.9B $46.7B BXP BXP Inc. REITs — Office $3.5B $8.3B $1.2B 56.1% $643M $26.2B EXR Extra Space Storage REITs — Specialty & Diversified $3.4B $9.3B $1.9B 65.4% $1.4B $29.3B NMRK Newmark Group Inc. Real Estate Development & Services $3.3B $443M $172M 6.0% · 2y — $5.0B EQR Equity Residential REITs — Residential $3.1B $8.2B $1.6B 64.3% $1.0B $20.7B AVB AvalonBay Communities Inc. REITs — Residential $3.0B $9.1B $1.7B 62.2% $992M $22.2B ARE Alexandria Real Estate Equities Inc. REITs — Office $3.0B $11.9B $1.4B 62.8% $911M $34.1B 8804 Tokyo Tatemono Real Estate Development & Services $3.0B $7.5B $203M 34.3% $139M $14.3B DOC Healthpeak REITs — Health Care $2.8B $9.4B $1.3B 81.2% $849M $20.3B SBAC SBA Communications Corporation REITs — Data Centers & Towers $2.8B $12.6B $1.3B 23.9% $479M $11.6B INVH Invitation Homes Inc. REITs — Residential $2.7B $8.3B $1.2B 45.5% $713M $18.7B COLD Americold REITs — Specialty & Diversified $2.6B $5.8B $360M 59.3% $261M $8.1B RHP Ryman Hospitality Properties REITs — Hotels $2.6B $3.5B $591M 48.4% $286M $6.2B SUI Sun Communities Inc. REITs — Residential $2.3B $6.8B $864M 58.4% $1.0B $12.5B LAMR Lamar Advertising REITs — Specialty & Diversified $2.3B $3.4B $864M 63.1% $656M $6.9B AHR American Healthcare REIT Inc. REITs — Health Care $2.3B $852M $294M 55.5% $164M $5.4B MAA Mid-America Apartment Communities Inc. REITs — Residential $2.2B $5.3B $1.1B 56.6% $709M $12.0B KIM Kimco Realty Corporation (HC) REITs — Retail $2.1B $7.5B $1.1B 66.1% $712M $19.7B REAX The Real Brokerage Inc. Real Estate Development & Services $2.0B +$66M cash $39M 1.0% · 2y $339K $102M ESS Essex Property Trust Inc. REITs — Residential $1.9B $6.7B $1.1B 58.6% $654M $13.2B AMH American Homes 4 Rent REITs — Residential $1.9B $5.0B $864M 20.9% $446M $13.2B STWD Starwood Property Trust, Inc. REITs — Specialty & Diversified $1.8B $16.5B $978M 87.1% $669M $63.2B OUT OUTFRONT Media Inc. REITs — Specialty & Diversified $1.8B $2.5B $308M 72.4% $210M $5.3B SVC Service Properties Trust REITs — Hotels $1.8B $5.3B $118M 52.9% $7M $6.5B VNO Vornado Realty Trust REITs — Office $1.8B $1.4B $1.3B 52.1% $141M $15.5B WPC W. P. Carey Inc. REIT REITs — Specialty & Diversified $1.7B $8.6B $1.3B 83.0% $790M $18.0B UDR UDR Inc. REITs — Residential $1.7B $5.8B $903M 63.0% $568M $10.6B GDS GDS Holdings Limited ADS Real Estate Development & Services $1.7B $1.7B $497M — — $11.8B FOR Forestar Group Inc Common Stock Real Estate Development & Services $1.7B $424M ($198M) — — $3.1B GLPI Gaming and Leisure Properties Inc. REITs — Specialty & Diversified $1.6B $7.0B $1.1B 80.7% $872M $12.9B CPT Camden Property Trust REITs — Residential $1.6B $3.9B $827M 58.7% $461M $9.0B REG Regency Centers Corporation REITs — Retail $1.6B $4.6B $828M 62.1% $512M $13.0B DHC Diversified Healthcare Trust REITs — Health Care $1.5B $2.3B ($20M) 87.3% $10M $4.4B ELS Equity Lifestyle Properties Inc. REITs — Residential $1.5B $3.3B $571M 54.8% $388M $5.7B PEB Pebblebrook Hotel Trust REITs — Hotels $1.5B $1.9B $250M 7.5% $5M $5.3B HHH Howard Hughes Holdings Inc. REITs — Specialty & Diversified $1.5B $3.6B $462M — — $10.6B APLE Apple Hospitality REIT REITs — Hotels $1.4B $1.5B $370M 66.5% $240M $4.9B BRX Brixmor REITs — Retail $1.4B $5.2B $652M 53.3% $354M $9.1B RLJ RLJ Lodging Trust REITs — Hotels $1.3B $3.6B $244M 37.5% $91M $4.7B FRT Federal Realty Investment Trust REITs — Retail $1.3B $4.9B $622M — — $9.1B OHI Omega Healthcare REITs — Health Care $1.2B $4.7B $879M 90.1% $780M $10.0B HR Healthcare Realty Trust REITs — Health Care $1.2B $3.9B $457M 76.8% $387M $9.2B CUBE CubeSmart REITs — Specialty & Diversified $1.1B $2.4B $609M 72.5% $476M $6.6B DRH Diamondrock Hospitality Company REITs — Hotels $1.1B $1.0B $244M 43.6% $98M $3.0B KRC Kilroy Realty REITs — Office $1.1B $4.4B $566M 45.7% $258M $10.9B MAC Macerich REITs — Retail $1.0B $4.8B $322M 86.7% $188M $8.4B DEI Douglas Emmett REITs — Office $1.0B $5.2B $387M 38.4% $127M $9.3B REXR Rexford Industrial REITs — Industrial & Logistics $1.0B $3.1B $542M 57.1% $397M $12.6B SLG SL Green Realty REITs — Office $1.0B $3.1B $83M 88.2% $243M $11.1B CUZ Cousins Properties REITs — Office $994M $3.3B $402M 48.0% $216M $8.9B MPT Medical Properties Trust Inc. REITs — Health Care $972M $9.2B $231M 87.0% $193M $15.0B NNN NNN REIT REITs — Specialty & Diversified $926M $4.5B $667M 65.9% $443M $9.4B STAG STAG Industrial REITs — Industrial & Logistics $845M $3.2B $463M 74.7% $284M $7.2B KRG Kite Realty Group Trust REITs — Retail $844M $3.0B $430M 56.3% $236M $6.7B HPP Hudson Pacific Properties REITs — Office $831M $2.5B $121M 50.2% $351K $7.3B HIW Highwoods Properties REITs — Office $806M — $359M 53.6% $217M $6.3B SBRA Sabra Health Care REIT REITs — Health Care $775M $2.5B $349M 88.9% $289M $5.5B ESRT Empire State Realty Trust Inc. REITs — Office $768M $487M $249M 15.7% $24M $4.5B CDP Copt Defense Properties REITs — Office $764M $2.5B $310M 47.0% $137M $4.7B MMI Marcus & Millichap Inc. Real Estate Development & Services $755M +$162M cash $67M 30.8% $21M $827M NSA National Storage Affiliates REITs — Specialty & Diversified $753M $3.4B $339M 40.3% $175M $5.1B ADC Agree Realty REITs — Specialty & Diversified $738M $2.6B $504M 70.6% $341M $9.8B INN Summit Hotel Properties Inc. REITs — Hotels $729M $1.4B $149M 17.5% $39M $2.8B FR First Industrial REITs — Industrial & Logistics $727M $1.4B $461M 52.1% $231M $5.7B PECO Phillips Edison REITs — Retail $727M $2.4B $348M 45.9% $157M $5.3B EGP EastGroup REITs — Industrial & Logistics $721M $1.6B $481M 59.5% $303M $5.4B EPR EPR Properties REITs — Specialty & Diversified $718M $2.8B $421M 70.9% $291M $5.7B IRT Independence Realty Trust REITs — Residential $658M $2.3B $282M 74.9% $154M $6.0B CRESY Cresud S.A.C.I.F. y A. Real Estate Development & Services $614M $734M $102M 17.2% $59M $3.4B MRP Millrose Properties Inc. REITs — Specialty & Diversified $600M $2.1B $3.7B 8.1% · 1y $299M $9.3B CBL CBL & Associates Properties Inc. REITs — Retail $578M $4.4B $250M 30.9% $77M $2.7B PDM Piedmont Realty Trust Inc. REITs — Office $565M $2.2B $141M 44.3% $31M $4.0B EPRT Essential Properties REITs — Specialty & Diversified $561M $2.5B $381M 66.6% $234M $6.9B JOE St. Joe Company (The) REITs — Specialty & Diversified $513M $262M $191M 17.6% $34M $1.5B JBGS JBG SMITH Properties REITs — Office $499M $2.2B $73M 55.7% $48M $4.4B GNL Global Net Lease REITs — Specialty & Diversified $495M $1.1B $223M 96.9% $192M $4.3B RYN Rayonier Inc. REIT REITs — Specialty & Diversified $484M $207M $257M 60.9% $292M $3.4B BDN Brandywine Realty Trust REITs — Office $484M $2.5B $117M 60.5% · 4y — $3.6B CTRE CareTrust REIT REITs — Health Care $476M $696M $394M 64.1% $259M $5.1B TRNO Terreno Realty REITs — Industrial & Logistics $476M $918M $272M 70.7% $204M $5.4B UE Urban Edge Properties REITs — Retail $472M $1.6B $183M 56.7% $96M $3.3B BNL Broadstone Net Lease Inc. REITs — Specialty & Diversified $454M $2.5B $299M 58.1% $219M $5.7B ILPT Industrial Logistics Properties Trust REITs — Industrial & Logistics $449M $4.1B $61M 58.0% $8M $5.2B OPI Office Properties Income Trust Real Estate Development & Services $443M $2.4B ($7M) 86.8% $1M $3.5B AAT American Assets Trust REITs — Specialty & Diversified $436M $1.6B $167M 53.0% $105M $2.9B AKR Acadia Realty Trust REITs — Retail $411M $1.8B $167M 57.5% $101M $4.8B HASI HA Sustainable Infrastructure Capital, Inc. REITs — Specialty & Diversified $401M $3.4B $167M 226.6% $210M $8.2B SAFE Safehold Inc. New Common Stock REITs — Specialty & Diversified $386M $6.2B $48M 117.9% $51M $7.2B NHI National Health Investors REITs — Health Care $376M $1.1B $237M 78.9% $170M $2.8B LXP LXP Industrial Trust REITs — Industrial & Logistics $350M $1.2B $189M 72.9% $164M $3.5B NHP National Healthcare Properties Inc. REITs — Health Care $342M $310M $7M 95.8% — $1.7B DEA Easterly Government Properties Inc. REITs — Office $336M $1.6B $259M 84.8% $95M $3.4B BRSP BrightSpire Capital Inc. REITs — Specialty & Diversified $331M $2.4B $73M 79.3% $83M $3.6B IVT InvenTrust Properties Corp. REITs — Retail $299M $785M $155M 46.4% $73M $2.8B CLDT Chatham Lodging Trust REITs — Hotels $295M $314M $64M 27.5% $18M $1.2B FCPT Four Corners Property Trust REITs — Specialty & Diversified $294M $1.2B $192M 77.4% $144M $2.9B BFS Saul Centers Inc. REITs — Retail $290M $1.1B $100M 45.1% $57M $2.2B AHRT AH Realty Trust Inc. REITs — Specialty & Diversified $285M $1.5B $64M 80.0% $75M $2.6B VTMX Vesta Real Estate Corporation, S.A.B. de C.V. Real Estate Development & Services $283M $984M $207M 49.1% $68M $4.5B SMA SmartStop Self Storage REIT Inc. REITs — Specialty & Diversified $281M $1.0B $85M 71.6% $75M $2.4B CSR Centerspace REITs — Residential $274M $1.0B $98M 50.4% $51M $1.9B IIPR Innovative Industrial Properties REITs — Industrial & Logistics $266M $346M $198M 69.4% $216M $2.4B LTC LTC Properties REITs — Health Care $263M $828M $136M 79.9% $107M $2.1B UMH UMH Properties REITs — Residential $262M $490M $82M 53.6% $71M $1.7B NXRT NexPoint Real Estate Finance REITs — Residential $251M $1.6B $84M 53.0% $54M $1.9B GTY Getty Realty REITs — Specialty & Diversified $222M $987M $127M 79.2% $109M $2.2B ALX Alexander's Inc. REITs — Office $213M $701M $73M 87.3% $92M $1.1B SILA Sila Realty Trust Inc. REITs — Health Care $198M +$32M cash $119M 61.5% $89M $2.1B NTST NetSTREIT Corp. REITs — Specialty & Diversified $195M $1.1B $110M 64.5% $70M $2.6B CURB Curbline Properties Corp. REITs — Retail $183M $134M $125M 0.0% $77M $2.5B ASPS Altisource Portfolio Solutions S.A. Real Estate Development & Services $171M $164M ($5M) — — $140M GOOD Gladstone Commercial Corp REITs — Specialty & Diversified $161M $833M $88M 99.3% $68M $1.2B WSR Whitestone REIT REITs — Retail $161M $645M $51M 56.4% $27M $1.2B CTO CTO Realty Growth Inc. REITs — Retail $150M $633M $65M 59.4% $49M $1.3B XRN Chiron Real Estate Inc. REITs — Health Care $148M $6M $74M 8.4% $6M $1.2B AIV Apartment Investment and Management Company REITs — Residential $138M $4.0B $8M 237.0% $416M $1.7B CHCT Community Healthcare Trust Incorporated REITs — Health Care $121M $529M $56M 91.5% $54M $991M BOC Boston Omaha Corporation Real Estate Development & Services $114M +$8M cash $18M — — $713M FPH Five Point Holdings LLC Class A REITs — Specialty & Diversified $110M $18M $105M — — $3.2B UHT Universal Health Realty Income Trust REITs — Health Care $99M $368M $49M 85.8% $41M $565M OLP One Liberty Properties Inc. REITs — Specialty & Diversified $97M $503M $38M 84.7% $39M $858M PSTL Postal Realty Trust Inc. REITs — Specialty & Diversified $96M $360M $45M 87.7% $31M $759M LAND Gladstone Land Corporation REITs — Specialty & Diversified $88M $446M $7M 55.0% $20M $1.2B FVR FrontView REIT Inc. REITs — Specialty & Diversified $67M $301M $42M 39.3% · 1y $17M $854M BXMT Blackstone Mortgage Trust Inc. REITs — Specialty & Diversified $66M $16.0B $276M 113.6% · 2y $323M $20.0B PINE Alpine Income Property Trust Inc. REITs — Specialty & Diversified $61M $473M $26M 71.2% $18M $716M DUO Fangdd Network Group Ltd. Real Estate Development & Services $52M +$21M cash ($9M) — — $117M FPI Farmland Partners Inc. REITs — Specialty & Diversified $52M $152M $17M 88.1% $64M $719M ARL American Realty Investors Inc. Real Estate Development & Services $50M $172M ($6M) — — $1.1B TRC Tejon Ranch Co REITs — Specialty & Diversified $50M $38M $6M — — $630M TCI Transcontinental Realty Investors Inc. REITs — Residential $49M $164M ($3M) — — $1.1B FRPH FRP Holdings Inc. REITs — Specialty & Diversified $43M $87M $30M — — $735M TPTA Terra Property Trust, Inc. REITs — Specialty & Diversified $35M $146M $2M 342.4% $12M $352M SKYH Sky Harbour Group Corporation REITs — Specialty & Diversified $28M $150M ($2M) — — $593M MLP Maui Land & Pineapple Company Inc. REITs — Specialty & Diversified $19M +$1M cash $2M — — $48M IRS IRSA Investments and Representations Inc. Real Estate Development & Services as filed: ARS 468.5B as filed: ARS 251.5B as filed: ARS 260.7B 14.6% as filed: ARS 2.6B as filed: ARS 3.36T RITR Reitar Logtech Holdings Limited Real Estate Development & Services as filed: HK$378M as filed: (HK$20M) as filed: (HK$62M) 365.2% · 1y as filed: HK$11M as filed: HK$334M