Market cap FTSE EPRA Nareit Developed Europe index in Europe 2024, by country
As of March 29, 2024, the market cap of German companies in the FTSE EPRA Nareit Developed Europe index was about 31 billion euros. In the United Kingdom (UK), the market cap of REITs and non-REITs was even higher, amounting to about 64 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.