London Stock Exchange (UK): largest REITs by market cap 2024
Segro PLC was the biggest real estate investment trust (REIT) trading on the London Stock Exchange as of June 2024. A real estate investment trust (REIT) is a company that owns, and in most cases operates, income-producing real estate. REITs invest in many types of commercial real estate: offices, rental apartments, industrial warehouses, as well as hospitals, hotels, and retail properties.
Market cap of REITS
As of June, 2024, Segro PLC was ranked at the high end of the scale, with approximately 12 billion British pounds in market capitalization. Segro PLC operates in nine European countries and specializes in big box and urban warehousing for retailers, logistics and transport companies, manufacturers, wholesalers.
The London Stock Exchange (LSE)
LSE is one of the oldest stock exchanges in the world, listing approximately 2,000 companies with an aggregate market capitalization of approximately 3.5 trillion British pounds in 2023.