Global REIT snapshot

REITs are a global franchise.

The interactive atlas below provides the following details for each country/region:

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 – mainly from EPRA
REIT market cap in USD as at December 2024
Number of REITs
Share of global REIT market cap
Key EPRA 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

A sortable table of market-by-market commentaries is provided at the bottom of the page.

Global REIT Atlas - August 2025

Global REIT snapshot - August 2025

Here’s a survey 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 2024

Source: EPRA market tables - December 2024 | Analysis: Verwer | Graphic: Verwer | Date: June 2025 - needs updating for new China and Brazil data

Voronoi diagram

Market caps: Mainly EPRA - December 2024 | Commentary: Verwer - August 2025 onward | Notes: Please see Atlas map for more details on sources for each country/region