The top-performing real estate investment trusts

Ranked by one-year total return

	Company/ticker	Website	Property focus	# of properties	One-year total return*	Dividend yield*	Implied mkt cap ($M)*
1	Extra Space Storage Inc. (EXR)	extraspace.com	Self-storage	676	37.7%	2.5%	$2,168.6
2	Post Properties Inc. (PPS)	postproperties.com	Multifamily	55	29.2%	2.2%	$2,111.1
3	Taubman Centers Inc. (TCO)	taubman.com	Regional mall	23	28.4%	2.9%	$5,032.8
4	Simon Property Group Inc. (SPG)	simon.com	Regional mall	391	25.6%	2.9%	$44,622.8
5	Public Storage (PSA)	publicstorage.com	Self-storage	2,455	24.3%	3.1%	$21,253.8
6	Essex Property Trust Inc. (ESS)	essexpropertytrust.com	Multifamily	153	23.9%	3.1%	$4,880.6
7	First Industrial Realty Trust Inc. (FR)	firstindustrial.com	Industrial	744	20.9%	0.0%	$857.3
8	Digital Realty Trust Inc. (DLR)	digitalrealty.com	Specialty	100	20.5%	4.3%	$6,905.6
9	Education Realty Trust Inc. (EDR)	edrtrust.com	Specialty	35	20.4%	3.1%	$845.3
10	Retail Opportunity Investments Corp. (ROIC)	roireit.net	Shopping center	32	20.4%	4.2%	$474.7
11	American Campus Communities Inc. (ACC)	americancampus.com	Specialty	103	20.3%	3.6%	$2,701.8
12	Associated Estates Realty Corp. (AEC)	associatedestates.com	Multifamily	52	20.0%	4.1%	$707.6
13	Mission West Properties Inc. (MSW)	missionwest.com	Office	112	19.8%	6.9%	$791.8
14	Camden Property Trust (CPT)	camdenliving.com	Multifamily	197	18.1%	3.3%	$4,276.3
15	AvalonBay Communities Inc. (AVB)	avalonbay.com	Multifamily	184	18.1%	2.9%	$11,898.6
16	CoreSite Realty Corp. (COR)	coresite.com	Specialty	13	18.0%	3.3%	$733.2
17	Equity Residential (EQR)	equityapartments.com	Multifamily	415	17.8%	2.4%	$17,727.2
18	Rayonier Inc. (RYN)	rayonier.com	Specialty	N/A	16.4%	3.9%	$4,953.6
19	Glimcher Realty Trust (GRT)	glimcher.com	Regional mall	27	15.3%	4.6%	$969.4
20	Tanger Factory Outlet Centers Inc. (SKT)	tangeroutlet.com	Retail: Other	38	14.8%	2.9%	$2,701.1
21	HCP Inc. (HCP)	hcpi.com	Health care	1,038	14.7%	5.1%	$15,601.8
22	Sun Communities Inc. (SUI)	suncommunities.com	Manufactured homes	155	13.1%	6.9%	$870.2
23	Boston Properties Inc. (BXP)	bostonproperties.com	Office	149	12.9%	2.1%	$15,860.5
24	BRE Properties Inc. (BRE)	breproperties.com	Multifamily	90	12.1%	3.1%	$3,636.0
25	Federal Realty Investment Trust (FRT)	federalrealty.com	Shopping center	93	10.4%	3.2%	$5,507.4
Ranking is based on unrounded figures. Includes only those publicly traded U.S. equity REITs with an implied market cap greater than $200M. As of Sept. 30 unless otherwise noted. N/M = not meaningful. N/A = not available. As of Nov. 10. Source:* Lipper

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