| 1 | ARE | Alexandria Real Estate Equities, Inc. | 4.46% |
| 2 | SWX: SPSN | Swiss Prime Site AG | 4.15% |
| 3 | EPA: URW | Unibail-Rodamco-Westfield SE | 4.10% |
| 4 | BXP | BXP, Inc. | 3.95% |
| 5 | SGX: C38U | CapitaLand Integrated Commercial Trust | 3.54% |
| 6 | EPA: LI | Klépierre SA | 3.13% |
| 7 | SGX: A17U | CapitaLand Ascendas REIT | 2.93% |
| 8 | TYO: 8951 | Nippon Building Fund Inc. | 2.71% |
| 9 | VNO | Vornado Realty Trust | 2.49% |
| 10 | ASX: VCX | Vicinity Centres | 2.25% |
| 11 | LON: BKG | The Berkeley Group Holdings plc | 2.20% |
| 12 | TYO: 8952 | Japan Real Estate Investment Corporation | 1.94% |
| 13 | MTH | Meritage Homes Corporation | 1.94% |
| 14 | TYO: 3099 | Isetan Mitsukoshi Holdings Ltd. | 1.90% |
| 15 | TYO: 8953 | Japan Metropolitan Fund Investment Corporation | 1.87% |
| 16 | CUZ | Cousins Properties Incorporated | 1.86% |
| 17 | EPA: GFC | Gecina | 1.85% |
| 18 | JSE: NRP | NEPI Rockcastle N.V. | 1.84% |
| 19 | BME: MRL | MERLIN Properties SOCIMI, S.A. | 1.82% |
| 20 | 12.HK | Henderson Land Development Co Ltd | 1.71% |
| 21 | LON: BBOX | Tritax Big Box REIT plc | 1.67% |
| 22 | SLG | SL Green Realty Corp. | 1.64% |
| 23 | KBH | KB Home | 1.57% |
| 24 | TYO: 3281 | GLP J-REIT | 1.56% |
| 25 | TYO: 3462 | Nomura Real Estate Master Fund, Inc. | 1.54% |
| View GBLD holdings |