Global REIT atlas - 2026

REITs are a global franchise.

Here’s an atlas of existing and prospective REIT markets around the planet:

…and here’s the key to details covered by the atlas:

Market development category Marquee, established, emerging, prospective
Market health status Stable, headwinds, advisory
REIT origin year
REIT law origin year
Year of most recent policy change
Market size statistics (with source)
REIT market cap in USD as at December 2025
Number of REITs
Share of global REIT market cap
Key market ratios (market cap USD denominated)
  • REITs/commercial real estate %
  • REITs/listed real estate %
  • Listed real estate/total stock market %
  • Listed real estate/commercial real estate %
Commentary on recent market trends and conditions My analysis
Data sources
Tooltip update stamp

You can find a sortable table of market-by-market commentaries below.

Next update:

The global REIT map was updated in January 2026.

Please reach out if you’d like to share your views on the commentaries, which generally focus on the state of public policy.

Global REIT snapshot - January 2026

Here’s a snapshot of the world’s REIT markets.

There are:

  • seven marquee markets (each equivalent to two per cent or more of the global REIT market cap)

  • 20 established markets

  • 16 emerging markets with small market caps

  • 11 newish markets with no IPOs

  • 16 prospective markets

Table of market commentaries by country/region

World of equity REITS

Shares of global market cap: USD - December 2025

Source: EPRA market tables - December 2025 and Verwer for selected markets (see REIT map) | Analysis: Verwer | Graphic: Verwer (Plotset) | Date: January 2026

Voronoi diagram

Market caps: Mainly EPRA and Verwer for selected markets: December 2025 | Commentary: Verwer - Updated January 2026 | Notes: Please see REIT Atlas map tooltips for more details on sources for each country/region