Market cap of leading FTSE EPRA Nareit Developed Europe index REIT and non-REITs 2024

Published by Statista Research Department, Jul 26, 2024

As of June 2024, the German residential real estate company Vonovia SE had the largest net market capitalization in the FTSE EPRA Nareit Developed Europe non-REIT index with almost 18.5 billion euros. In the REIT index, the United Kingdom (UK) industrial real estate company Segro ranked first at almost 14.2 billion euros.
Real Estate Investment Trusts (REITs) are companies which are listed on the stock market and facilitate direct real estate investment. REITs usually distribute at least 90 percent of their taxable income to shareholders and in return pay no corporate tax. Not all public real estate investment companies are domiciled in countries with REIT legislation, and not all choose to opt for REIT status. These companies are referred to as non-REITs.

Largest REITs and non-REIT constituents in the FTSE EPRA Nareit Developed Europe index as of June 2024, by net market cap (in billion euros)

Characteristic	REIT	non-REIT
-	-	-
-	-	-
-	-	-
-	-	-
-	-	-
-	-	-
-	-	-
-	-	-
-	-	-
-	-	-

Download

Source

Show detailed source information?

Already a member?

Source

Use Ask Statista Research Service

Release date

June 2024

More information

Region

Europe

Survey time period

June 2024

Supplementary notes

The source adds the following information: "The FTSE EPRA Nareit Developed Europe REITs and Non-REITs Indices are designed to provide investors with the diversification that real estate offers due to its low correlation with other asset classes, along with sufficient liquidity to gain access to the asset class easily. The indices are a subset of the FTSE EPRA Nareit Developed Index, separating the existing constituents into both REIT and Non-REIT indices thereby providing investors with additional granularity in the market place. By making the constituents of the indices free-float adjusted, liquidity, size and revenue screened, they are suitable for use as the basis for investment products, such as derivatives and Exchange Traded Funds (ETFs)."

Citation formats