FFO is determined by taking net income and adding back various non-cash charges that are seen to artificially impair a REITs perceived ability to pay its dividend. These demand tailwinds drive up occupancy and rental rates while providing industrial REITs with significant expansion opportunities. Fortunately, OPI is in the process of selling assets and is likely to drive its leverage to healthier levels in the near future. These large warehouses and makeshift manufacturing facilities governed by industrial REITs could be the answer. The construction and operational expenses are more reasonable than other types of commercial real estate. This list does not include mortgage REITs -- see our separate list of mortgage REITs. ", Simon. Spreadsheet data updated daily. Sign up for an account on Arrived Homes to browse available properties and add real estate to your portfolio today. However, this database is certainly not the only place to find high-quality dividend stocks trading at fair or better prices. Others were classic American brands and companies at the top of their fields, including Coca-Cola, General Electric, Ford, and McDonalds. If you are a journalist writing a story, an academic writing a research paper or a manager writing a report, we request that you reach out to us for permission to republish this data. Industrial REITs play an important part in e-commerce and are helping to meet the rapid delivery demand. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. Prologis (PLD) The scale of Prologis, a behemoth among REITs, is something usually associated with national governments. Current Price: $23.41. Dan Moskowitz does not have any positions in any of the aforementioned names. For a newer company, IIPR already has a $3 billion market cap and positive revenue numbers. How much money is in a brand? This leaves Rexford in a prime vantage point to succeed by acquiring vintage buildings throughout the area. Prologis stands out from other logistics-focused industrial REITs. They'll often rent an entire industrial building to one tenant under a triple net lease structure, making the tenant responsible for covering building insurance, real estate taxes, and maintenance. Stock Advisor list price is $199 per year. The REITs portfolio currently has a 94.3% occupancy rate and an average building age of 17 years. ", Prologis, Inc. "Prologis Launches Essential Marketplace. A meaty $48.2 billion market cap offers stability, and shareholders will enjoy the 2.92% dividend yield while waiting for the stock to rebound. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. Now that you have the tools to identify high-quality REITs, the next section will show some of the benefits of owning this asset class in a diversified investment portfolio. The company's business approach focuses on warehouses located in large urban centers where land is limited. providing a global network of peering and colocation services, apartments geared towards the higher-income sectors of the economy, tailoring itself to the rising demand for mixed-use environments, selling a number of its buildings in Manhattan, originally started out by managing student apartment buildings, Weyerhaeuser also manufactures wood products and is a world leader in lumber sales, The Weyerhaeuser Company was founded by Frederick Weyerhaeuser, collaborated with hybrid IT infrastructure monitoring company ScienceLogic, Equinix has invested $85 million in the construction of a fourth data center in the city, managing and developing approximately 3,300 industrial facilities in 19 different countries, received NAREITs Industrial Leader in the Light Award for the sixth year in a row, twice what the next-largest storage company, Extra Space Storage, did, has benefited greatly from the steadily increasing demand for mobile devices, since appliances and autonomous cars will soon be going digital as well, the largest publicly-traded retail real estate investment trust, providing shopping centers such as Simon Premium Outlets and The Mills, held a place on the Fortune 500 list for 5 years, American Tower officially became a REIT in 2012, owns or manages 170,000 sites and employs 4,752 people, 10 Largest Credit Unions in the United States. Recently reported third-quarter financials showing $70.9 million in revenue, representing a 32% increase from 2021. Plymouth Industrial REIT, Inc. PLYM. This is because it offers several benefits like diversification (due to less correlation with stocks), monthly income, and protection from inflation. Americold owns and operates 185 temperature-controlled warehouses, with over 1 billion refrigerated cubic feet of storage in the United States, Australia, New Zealand, Canada and Argentina. No affiliation or endorsement, express or implied, is provided by their use. In terms of the number of tenants, the combined REIT will have 456 customers, with the contribution by top ten tenants reducing to 25% (EREIT standalone: 31%). Prologis sees more than $1 billion in revenue each quarter, with September numbers closing in on the $2 billion mark. All rights reserved. Capital is a financial asset that usually comes with a cost. Long Term Leases. A pure real estate play like this isnt likely to perform well in a deflationary environment. The currently high dividend yields of REITs is not an isolated occurrence. Dan Moskowitz is a freelance financial writer who has 4+ years of experience creating content for the online reading market. In fact, this asset class has traded at a higher dividend yield than the S&P 500 for decades. Prologis, the largest private industrial property enterprise on the planet, has nearly 1 billion (yes, with a "b") square feet under management, in roughly 5,000 buildings worldwidein 19 . ), Elon Musk Breaks World Record, But He Probably Wishes He Didnt, Trump Organization Convicted Of Tax Fraud, Elon Musk Is No Longer The Richest Person In The World. REITs can make it yours. There are currently 170 U.S. real estate investment trusts or REITs in our database. Offerings are available to non-accredited investors. Consolidated revenues were $283.1 million. This exceptional credit profile constitutes a meaningful competitive advantage. Search current real estate investment offerings based on your criteria with Benzinga's New Alternative Investments Screener. During the year 2017, Public Storage earned twice what the next-largest storage company, Extra Space Storage, did. Profit from the additional features of your individual account. Use Ask Statista Research Service, November 2019, November 2020, December 2021, September 2022, REITs in the FTSE Nareit All REITs Index and S&P Equity Indexes, Prime rents of large warehouses in Europe Q4 2021, by city, Industrial real estate prime headline rents in Sweden H1 2021, by type and city, Industrial & logistics investment in real estate market Europe 2020-2021, by country. How Much Prime Real Estate Could You Buy for $1 Million? These differences have enabled Prologis to grow faster than other logistics REITs over the years. Considered to be an industry leader in Singapore, Equinix has invested $85 million in the construction of a fourth data center in the city. As of September 30th, 100% of IIPRs properties were leased with a weighted-average remaining lease term of approximately 15.5 years, half a year less than the previous quarter, but a still very impressive one. The company has a global logistics business, with operations in 19 countries. It also means clients have to pay higher prices and consider longer leasing options should they want to take advantage of this space. All Rights Reserved. Click here to download our most recent Sure Analysis report on BDN (preview of page 1 of 3 shown below): Innovative Industrial Properties, Inc. is a single-use specialty REIT that exclusively focuses on owning properties used for the cultivation and production of marijuana. Innovative Industrial Properties helps provide capital to thecannabis sector. Innovative Industrial Properties continues investing in these distributors by helping build out facilities and focusing on expansion. Updated on January 5th, 2023 by Bob Ciura Its reasonable to assume that this REIT would benefit from further growth in ecommercemore on this near the end. Register in seconds and access exclusive features. But over the next 20 years, much of the old guard was replaced by new and rising brands. If you would like to produce the full rankings page, please reach out to the Research Team. REITs often provide a low financial entry point and could come with less volatility since they deal with multiple properties. Learn about the industry and your options for investing. Lastly, note that some REITs are private, meaning they arent traded on stock exchanges. In October, Prologis acquired Duke Realty, another industrial REIT valued at nearly $23 billion. Both of these REITs work with major tech firms such as Amazon and Google. These properties encompass over one billion square feet of storage space. According to the National Association of Real Estate Investment Trusts (NAREIT), there were 15 publicly traded REITs in early 2022. PS Business Parks expands by acquiring industrial buildings. The Dotcom bubble was driving the worlds largest companies, and brand value at the time reflected techs popularity: Half of the top 10 most valuable brands at the time were in tech or telecom, including Microsoft, IBM, and Nokia. Returns as of 01/18/2023. Contractual rental escalations at certain properties also boosted results. The company's problems led it to make a change at the top by naming a new CEO in early 2022 to get things back on track. Available: https://www.statista.com/statistics/1347390/market-cap-leading-industrial-reits-usa/, Leading industrial and logistics real estate investment trusts (REITs) in the United States from 2019 to 2022, by market capitalization, Available to download in PNG, PDF, XLS format, Industrial and logistic real estate in Sweden, Share of industrial & logistics investment in Europe 2019-2021, by country, Industrial & logistics investment in real estate market Sweden 2017-2021, Prime yields of large warehouses in Europe Q2 2020 and Q2 2021, by city, B2C e-commerce sales growth in Sweden 2021, by category, Building permits for industrial properties and warehouses in Sweden 2017-2021, Estimated number of self-storage facilities in Sweden 2016-2022, Estimated size of self storage facilities in Sweden 2016-2022, Prime rents of large warehouses in the Nordics 2020-2021, by area, Prime yields of large warehouses in Stockholm 2018-2021, Number of industrial properties and warehouses sold in Sweden 2021, by type, Average price per sold industrial property and warehouse in Denmark 2020, by area, Number of industrial properties sold in Sweden 2021, by region, Average purchase price of sold industrial properties in Sweden 2021, by region, Number of sold warehouses in Sweden 2020, by region, Average purchase price of sold warehouses in Sweden 2020, by region, Market cap of leading retail REITs in the U.S. 2019-2022, Market cap of REITs in the U.S. 2019-2022, by property type, Market cap of leading infrastructure REITs in the U.S. 2019-2022, Market cap of leading healthcare REITs in the U.S. 2019-2022, Market cap of leading residential real estate REITs in the U.S. 2019-2022, Market cap of leading mortgage REITs in the U.S. 2019-2022, Market cap of leading specialty REITs in the U.S. 2019-2022, Market cap of leading diversified REITs in the U.S. 2019-2022, Market cap of leading office REITs in the U.S. 2019-2022, Market cap of leading lodging and resort REITs in the U.S. 2019-2022, London Stock Exchange (UK): real estate investment trusts by market cap 2021, Market cap of leading REITs in Canada 2022, Market cap of REITs in the U.S. 1975-2021, Market cap FTSE EPRA Nareit Developed Europe index REIT and non-REITs, by country, Market cap of data center REITs in the U.S. 2022, Market cap of leading FTSE EPRA Nareit Developed Europe index REIT and non-REITs 2021, Leading real estate investment managers worldwide 2020, by assets under management, Size of the real estate investment management sector worldwide 2014-2020, Regional breakdown of the real estate investment management sector worldwide 2020, Price to FFO ratio of the 50 largest REITs in the U.S. 2022-2023, Total return of the 50 largest REITs in the U.S. 2022, Leading industrial and logistics real estate investment trusts (REITs) in the United States from 2019 to 2022, by market capitalization (in billion U.S. dollars), Find your information in our database containing over 20,000 reports, year-to-date total returns for all property segments were negative. 32 % increase from 2021 Realty, another industrial REIT valued at nearly $ 23 billion profile a... 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