Understanding their differences is an important step to consider before making an investment. SWFI is a minority-owned organization. There are also exchange-traded funds (ETFs) and mutual funds which may hold a basket of REITs. Learn more about REITs. REITs are, by design, a fantastic asset class for investors looking to generate income. When the 2000s started, the internet was top-of-mind in terms of both markets and customer perception. Available: https://www.statista.com/statistics/1347390/market-cap-leading-industrial-reits-usa/, Leading industrial and logistics real estate investment trusts (REITs) in the United States from 2019 to 2022, by market capitalization, Available to download in PNG, PDF, XLS format, Industrial and logistic real estate in Sweden, Share of industrial & logistics investment in Europe 2019-2021, by country, Industrial & logistics investment in real estate market Sweden 2017-2021, Prime yields of large warehouses in Europe Q2 2020 and Q2 2021, by city, B2C e-commerce sales growth in Sweden 2021, by category, Building permits for industrial properties and warehouses in Sweden 2017-2021, Estimated number of self-storage facilities in Sweden 2016-2022, Estimated size of self storage facilities in Sweden 2016-2022, Prime rents of large warehouses in the Nordics 2020-2021, by area, Prime yields of large warehouses in Stockholm 2018-2021, Number of industrial properties and warehouses sold in Sweden 2021, by type, Average price per sold industrial property and warehouse in Denmark 2020, by area, Number of industrial properties sold in Sweden 2021, by region, Average purchase price of sold industrial properties in Sweden 2021, by region, Number of sold warehouses in Sweden 2020, by region, Average purchase price of sold warehouses in Sweden 2020, by region, Market cap of leading retail REITs in the U.S. 2019-2022, Market cap of REITs in the U.S. 2019-2022, by property type, Market cap of leading infrastructure REITs in the U.S. 2019-2022, Market cap of leading healthcare REITs in the U.S. 2019-2022, Market cap of leading residential real estate REITs in the U.S. 2019-2022, Market cap of leading mortgage REITs in the U.S. 2019-2022, Market cap of leading specialty REITs in the U.S. 2019-2022, Market cap of leading diversified REITs in the U.S. 2019-2022, Market cap of leading office REITs in the U.S. 2019-2022, Market cap of leading lodging and resort REITs in the U.S. 2019-2022, London Stock Exchange (UK): real estate investment trusts by market cap 2021, Market cap of leading REITs in Canada 2022, Market cap of REITs in the U.S. 1975-2021, Market cap FTSE EPRA Nareit Developed Europe index REIT and non-REITs, by country, Market cap of data center REITs in the U.S. 2022, Market cap of leading FTSE EPRA Nareit Developed Europe index REIT and non-REITs 2021, Leading real estate investment managers worldwide 2020, by assets under management, Size of the real estate investment management sector worldwide 2014-2020, Regional breakdown of the real estate investment management sector worldwide 2020, Price to FFO ratio of the 50 largest REITs in the U.S. 2022-2023, Total return of the 50 largest REITs in the U.S. 2022, Leading industrial and logistics real estate investment trusts (REITs) in the United States from 2019 to 2022, by market capitalization (in billion U.S. dollars), Find your information in our database containing over 20,000 reports, year-to-date total returns for all property segments were negative. That's opening the door for industrial REITs to own more properties and helping to drive their growth. You can learn more about the standards we follow in producing accurate, unbiased content in our, 5 Types of REITs and How to Invest in Them, Charts Suggest That REITs Will Be in Focus in Q1 2021. It leases its buildings to single tenants under triple net leases. This is an industry-based bearish call; its not specific to Prologis. They are wildly unpredictable, making risk go up. Largest Industrial REITs Prologis Prologis Inc. (NYSE: PLD) is one of the world's largest logistics real estate companies specializing in high-barrier, high-growth areas. Using its decades of knowledge, the company aspires to provide superior, consistent shareholder returns. Currently, you are using a shared account. Real estate investing used to be a rich person's game. This includes warehouses, distribution centers, and other supply chain facilities around the globe. They score a 96/100 on our quality score and currently have an annual dividend yield of 3.90% with a 10-year. At the end of 2021, the company had investments in almost 4,700 buildings encompassing. Related: Dividend investing versus real estate investing. Understanding their differences is an important step to consider before making an investment. As of early 2022, the company owned more than 100 properties with 7.9 million square feet of space across 19 states, including 2.4 million square feet under development or redevelopment. Then you can access your favorite statistics via the star in the header. Click here to download our most recent Sure Analysis report on IIPR (preview of page 1 of 3 shown below). The best-known, largest U.S. logistics real estate manager, Prologis has $97 billion in assets under management, a market cap of roughly $50 billion, and the distinction of Amazon's top landlord . They require specialized real estate to support the movement and storage of products and goods. As a result, theres more need than ever to store products and deal with logistical factors to get them from point A to B. As of September 30th, 100% of IIPRs properties were leased with a weighted-average remaining lease term of approximately 15.5 years, half a year less than the previous quarter, but a still very impressive one. Properties in the sector include: IndustrialREITs lease these properties to tenants under long-term contracts, some as long as 25 years. The company has certainly grown since its humble beginnings with only 900,000 acres to its name! Note: The REITs below have not been vetted for safety. Equity Apartments. Just like Prologis, this bearish call is industry-specific. Whileall REITs are likely to take a hit, some will present excellent buying opportunities, especially since you will be collecting relatively generous dividend yields in the meantime. On November 3rd, Uniti Group reported Q3 results. Americold is a leader in temperature-controlled warehouses While we still consider Real Estate overall a . Learn more about how Statista can support your business. Cumulative Growth of a $10,000 Investment in Stock Advisor, Copyright, Trademark and Patent Information. But what are the best industrial REITs to invest in right now? One of these is purchasing shares in a real estate investment trust (REIT), a type of company that owns and operates income-producing real estate, and is most often publicly-traded. From an accounting perspective, this means that REITs incur significant non-cash depreciation and amortization expenses. Top 7 Best Industrial REITs Prologis REIT - Best industrial REIT Plymouth Industrial REIT - Best industrial property REIT Rexford Industrial Realty, Inc. - Best industrial REIT stock Warehouse REIT - Best warehouse REIT Industrial Logistics Properties Trust - Best industrial REIT ETF Americold Realty Trust - Best cold storage REIT These differences have enabled Prologis to grow faster than other logistics REITs over the years. Today well be looking at the 10 largest REITs in the world and learning about each companys market areas. Market-beating stocks from our award-winning analyst team. The REIT recently celebrated its 50th year in business by ringing the opening bell at the NYSE. Commercial real estate is property used for business purposes rather than as a living space. The REIT has a history of gobbling up new locations, leading to more buildings than supply demanded in the last few years. Among at least 10 industrial trusts listed on SGX, the 3 largest by market cap are: Ascendas REIT, Mapletree Logistics Trust and Mapletree Industrial Trust. Thankfully, there are easier ways of gaining exposure. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. REITs can make it yours. Just like earnings, FFO can be reported on a per-unit basis, giving FFO/unit the rough equivalent of earnings-per-share for a REIT. SL Green Realty Corp is focused on acquiring, managing, and maximizing the value of Manhattan commercial properties. Considered to be an industry leader in Singapore, Equinix has invested $85 million in the construction of a fourth data center in the city. The REIT has a market capitalization of $1.1 billion and generates 74% of its operating income in Philadelphia, 22% of its operating income in Austin and the remaining 4% in Washington, D.C. As Brandywine Realty Trust generates the vast portion of its operating income in Philadelphia and Austin, it is worth noting the advantages of these two areas. Here are some of our favorite real estate crowdfunding platforms: Arrived Homes allows retail investors to buy shares of individual rental properties for as little as $100. Clipper Properties is a REIT, that was founded by the merger of four preexisting real estate companies. As of early 2022, the company owned and operated more than 250 temperature-controlled warehouses with more than 1.5 billion cubic feet of storage worldwide. One of the difficulties of brand valuation is its subjectivity. SWFI facilitates sovereign fund, pension, endowment, superannuation fund and central bank events around the world. Rising online sales are increasing the need for more warehouse space. In this list, well be ranking each REIT according to its market capitalization, or market cap, which is the market value of its outstanding shares. But for others, including some of the largest companies in the world, a strong brand is one of their most valuable assets. Consolidated revenues were $283.1 million. Given also the negative effect of some assets sales, its funds from operations (FFO) per share decreased -7% over the prior years quarter, from $1.78 to $1.66. Industrial REITs certainly have the potential to be good investments with the direction e-commerce is going. Some REITs choose to do this monthly, but the majority prefer a quarterly approach. It is the largest REIT of its kind, focusing exclusively on temperature-controlled warehouses and the distribution of refrigerated products. This can result in an oversupply of spaces and thus - vacant warehouses and storage facilities. For some companies, a brand is something that helps slightly boost customer engagement and sales. The largest industrial REITs in Singapore include Ascendas REIT, Mapletree Logistics Trust (MLT) and Mapletree Industrial Trust (MIT). If you are a journalist writing a story, an academic writing a research paper or a manager writing a report, we request that you reach out to us for permission to republish this data. These. Thanks to the global pandemic, more companies than ever are allocating funds to online sales in recent years. REITs invest in the majority of real estate property types, including offices, apartment buildings, warehouses, retail centers, medical facilities, data centers, cell towers, infrastructure and hotels. The Crown Castle Corporation has entered into tower leasing agreements with big names such as T-Mobile USA and AT&T Mobility. Prologis is the largest industrial REIT by a wide margin and one of the largest REITs overall. Theres also the rising prevalence of ecommerce, which has triggered a boom in demand for warehouse space. According to official reports, Philadelphia has the highest growth rate of highly educated citizens since 2008 while Austin is the fastest-growing metropolitan area, the best place to start business and it has retrieved all the jobs lost due to the pandemic. Industrial companies use many different types of real estate to develop, manufacture, or produce goods and products. You need at least a Starter Account to use this feature. Financial numbers, especially earnings per share, have looked solid over the past year. Please send any feedback, corrections, or questions to support@suredividend.com. But first, know this: due to current economic conditions, today isn't an ideal time to invest in any of these REITs. Who Invests in Industrial REITs? De C.V. Stag Industrial has a diversified portfolio of industrial real estate, including everything from light manufacturing to warehouses and flexible office space. No affiliation or endorsement, express or implied, is provided by their use. The company has a global logistics business, with operations in 19 countries. Clipper Properties owns commercial (primarily multifamily and office with a small sliver of retail) real estate across New York City. Extra cash on hand helps IIPR pay out a 6.54% dividend yield to investors each quarter. Prologis is the largest industrial REIT by a long shot. This leaves Rexford in a prime vantage point to succeed by acquiring vintage buildings throughout the area. The REIT expects its interest expense to increase next year due to higher interest rates. What makes Americold stand out are value-added tracking and monitoring systems to ensure products stay within acceptable temperature ranges and get where they need to go on time. "Our Diversified Healthcare Portfolio. This exceptional credit profile constitutes a meaningful competitive advantage. The ongoing legalization of cannabis in the US has led to stunning returns and portfolio growth. In Singapore, the top 4 largest industrial REITs by market capitalisation are: CapitaLand Ascendas REIT; Mapletree Logistics Trust; Mapletree Industrial Trust; Frasers . These include white papers, government data, original reporting, and interviews with industry experts. Notable REITs [ edit] The five largest REITs in the United States in 2021 are: American Tower Corporation, Prologis, Crown Castle International, Simon Property Group and Weyerhaeuser. REITs often invest in a wide variety of commercial properties, ranging from office complexes and public self-storage to timberlands and shopping centers. New, bigger and better facilities are built. In addition to the downloadable Excel sheet of all REITs, this article discusses why income investors should pay particularly close attention to this asset class. Fortunately, OPI is in the process of selling assets and is likely to drive its leverage to healthier levels in the near future. Founded in 2016 with the rising legalization of cannabis, the REIT is the first to address the plants storage options. Do Not Sell My Personal Data/Privacy Policy. During the year 2017, Public Storage earned twice what the next-largest storage company, Extra Space Storage, did. The Largest Industrial REIT. Click here to download our most recent Sure Analysis report on OPI (preview of page 1 of 3 shown below): Brandywine Realty owns, develops, leases and manages an urban town center and transit-oriented portfolio which includes 164 properties in Philadelphia, Austin and Washington, D.C. E-Commerce Growth. In late October, OPI reported (10/27/2022) financial results for the third quarter of fiscal 2022. There are currently 170 U.S. real estate investment trusts or REITs in our database. In some cases, it relates to industry trends. The corporation's portfolio includes 4,675 buildings totaling 1 billion square feet in 19 countries across North America, Latin America, Europe and Asia as of March 2022, serving approximately 5,800 tenants. Invest better with The Motley Fool. ", Nareit, Leading industrial and logistics real estate investment trusts (REITs) in the United States from 2019 to 2022, by market capitalization (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1347390/market-cap-leading-industrial-reits-usa/ (last visited January 18, 2023), Leading industrial and logistics real estate investment trusts (REITs) in the United States from 2019 to 2022, by market capitalization (in billion U.S. dollars) [Graph], Nareit, November 1, 2022. A pure real estate play like this isnt likely to perform well in a deflationary environment. On the other hand, OPI has greatly increased its debt load after its latest acquisition. As a Premium user you get access to background information and details about the release of this statistic. Quarterly adjusted funds from operations were $5.0 million for the third quarter of 2022. Its occupancy improved sequentially from 89.6% to 90.8% and its funds from operations (FFO) per share edged up from $0.35 to $0.36, beating the analysts consensus by $0.03. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. The 2.9% In mid-October, Brandywine Realty Trust reported (10/20/22) financial results for the third quarter of fiscal 2022. Chart. The REIT posted record quarterly revenues of $32.8 million for the third quarter of 2022. The REIT currently owns and manages 560 unique real estate properties in 41 states around the country, representing an area of more than 112 million square feet. Revenue grew 6.5% and adjusted funds from operations (FFO) per share grew 7% over the prior years quarter. This total footprint represents more than 200 million square feet that Public Storage is a proud owner of. Net loss attributable to common shares was $155.9 million for the period, and includes a $216.0 million goodwill impairment charge related to the Uniti Fiber segment that was driven by an increase in the macro interest rate environment. The founders retain about 2/3 of the ownership and votes today as they have never sold a share, thereby causing some corporate governance concerns but also giving investors knowledge that the insiders are heavily incentivized to look out for shareholder interests. Most people who have their items in storage keep themthere, simply because they have nowhere else to place them. The REIT also manages third-party-owned facilities and provides transportation services. It has approximately 2,700 office leases in its portfolio, with annual revenue of $1 billion. Accessed January 18, 2023. https://www.statista.com/statistics/1347390/market-cap-leading-industrial-reits-usa/, Nareit. Innovative Industrial Properties focuses on owning specialized industrial properties leased to state-licensed cannabis operators. The currently high dividend yields of REITs is not an isolated occurrence. Aside from its diversification, two factors make STAG stand out from other REITs. dollars)." An industrial REIT focused on medical-use cannabis real estate. In fact, this asset class has traded at a higher dividend yield than the S&P 500 for decades. to incorporate the statistic into your presentation at any time. Sovereign Wealth Fund Institute (SWFI) is a global organization designed to study sovereign wealth funds, pensions, endowments, superannuation funds, family offices, central banks and other long-term institutional investors in the areas of investing, asset allocation, risk, governance, economics, policy, trade and other relevant issues. Its reasonable to assume that this REIT would benefit from further growth in ecommercemore on this near the end. brand recognition, brand loyalty, customer base, reputation, etc.) Because the industry is in the midst of a legal transition, there are constraints on capital available to businesses engaged in the marijuana business. At the end of 2021, the company had investments in almost 4,700 buildings encompassing almost 1 billion square feet of space leased to about 5,800 tenants. Listed on the S&P 500 since 2001, Equity Residential saw its apartment ownership skyrocket during the following years. Real estate is defined as the land and any permanent structures or improvements attached to the land, whether natural or man-made. Flex/office space, meaning a combination of office and industrial space like a warehouse or light manufacturing. However, when the economy turns and people cant afford to make so many purchases, these warehouses and production centers are not needed as much. 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