Globally there are a total of 893 listed REITs with a combined equity market capitalization of approximately $1.9 trillion(1) and have grown from 120 listed REITs 30 years ago to 893 listed REITs in more than 40 countries.

Global and US REITs have outperformed US equities, global equities, global bonds, and commodities in the last 20 years

Source: CBRE Investment Management as of 31-Dec-2021. Global REITs: FTSE EPRA Nareit Developed Index; U.S. Equities: S&P 500 Index (Robert Shiller and Yahoo Finance); Global Equities: MSCI EAFE Index; Commodities: Bloomberg Commodity Index; High Yield Bonds: Bloomberg Global High Yield; Emerging Markets: MSCI Emerging Markets Index; Inflation: CPI is as of 30-Nov-2021.