Market cap of leading retail REITs in the U.S. 2019-2023
As of December 29, 2023, the ten leading retail real estate investment trusts (REITs) in the United States had a combined market capitalization of about 155 billion U.S. dollars. All REITs in the list saw their market caps increase in 2023. The largest retail REIT, Property Simon, saw its market cap rise from 38.6 billion U.S. dollars to 46.6 billion U.S. dollars between December 2022 and December 2023. Despite the REIT sector compressing in 2022, the three year-returns of most REITs remained positive.