Market cap of leading REITs in Canada 2024
As of April 18, 2024, the nine leading real estate investment trusts (REITs) in Canada had a combined market capitalization of nearly 39 billion Canadian dollars. Canadian Apartment Properties had the highest market cap at 7.8 billion Canadian dollars, about three billion higher than RioCan, which held second place. Canadian Apartment Properties is an apartment properties investment trust that specializes in mid-tier and luxury multiunit residential rental properties.