| Name | Country | Market Cap (US$) |
|---|
| Eastern Star Real Estate Public Co Ltd | Thailand | 29 |
| Advance Terrafund REIT | Bulgaria | 29 |
| Land & General Bhd. | Malaysia | 29 |
| Haesung Industrial Co., Ltd. | South Korea | 29 |
| Holloway Lodging Real Estate Investment Trust | Canada | 29 |
| New Heritage Holdings Ltd | Cayman Islands | 29 |
| Deutsche Land PLC | United Kingdom | 29 |
| Griffin III Berlin AS | Denmark | 29 |
| Haus & Heim AG | Germany | 28 |
| Arealink Co., Ltd. | Japan | 28 |
| Rugby Estates Investment Trust PLC | United Kingdom | 28 |
| ING Real Estate Community Living Fund Group | Australia | 28 |
| Magnat Real Estate Opportunities GmbH & Co. KGaA | Germany | 28 |
| Multiplex Acumen Property Fund | Australia | 28 |
| Bastogi S.p.A. | Italy | 28 |
| PT Cowell Development Tbk | Indonesia | 28 |
| Australian Property Systems Limited | Australia | 27 |
| KOCREF REIT VIII | South Korea | 27 |
| Ciputra Surya Tbk, PT | Indonesia | 27 |
| Takara Leben Co., Ltd. | Japan | 27 |
| Development & Engineering Consultants | Egypt | 27 |
| Dogus GE Gayrimenkul Yatirim Ortakligi A.S. | Turkey | 27 |
| Paraca Inc. | Japan | 27 |
| Real Estate Investors plc | United Kingdom | 26 |
| Compagnia Immobiliare Azionaria SpA | Italy | 26 |
| Heeton Holdings Limited | Singapore | 26 |
| Creed Corporation | Japan | 26 |
| Cyber Bay Corporation | Philippines | 26 |
| PT Bukit Darmo Property Tbk | Indonesia | 26 |
| Primex Corporation | Philippines | 26 |
| APN Property Group Limited | Australia | 26 |
| Pacific Assets Public Co Ltd | Thailand | 26 |
| Continental Urbana S.A. Inversora | Argentina | 26 |
| Offtec Investment Group Co. Plc | Jordan | 26 |
| PT New Century Development Tbk | Indonesia | 25 |
| MK Real Estate Development Public Co Ltd | Thailand | 25 |
| Ravad Ltd. | Israel | 25 |
| Prime Property BG REIT | Bulgaria | 25 |
| Income Opportunity Realty Investors, Inc. | United States | 25 |
| First Property Group plc | United Kingdom | 25 |
| Retrocom Mid-Market REIT | Canada | 25 |
| Apamanshop Holdings Co Ltd | Japan | 25 |
| Shin-Nihon Tatemono Co., Ltd. | Japan | 25 |
| Kumpulan Europlus Berhad | Malaysia | 24 |
| Universal Home Inc. | Japan | 24 |
| The Real Estate and Investment Portfolio Co. | Jordan | 24 |
| CWI Real Estate AG | Germany | 24 |
| Eastern & Oriental Bhd | Malaysia | 24 |
| Fonciere Atland | France | 24 |
| Chuang's China Investments Ltd. | Hong Kong | 24 |
| Talam Corporation Berhad | Malaysia | 24 |
| Cebu Property Ventures & Development Corporation | Philippines | 24 |
| Immo Moury SCA | Belgium | 24 |
| Atlas Estates Limited | United Kingdom | 24 |
| Japan Single-residence REIT Inc | Japan | 24 |
| Johor Land Bhd | Malaysia | 24 |
| InCity Immobilien AG | Germany | 24 |
| Intergroup Corporation | United States | 24 |
| Zur Shamir Holdings Ltd. | Israel | 23 |
| Origen Financial, Inc. | United States | 23 |
| Quintos AG | Germany | 23 |
| Hengli Properties Development (Group) Limited | Hong Kong | 23 |
| Urban Life Co., Ltd. | Japan | 23 |
| Raimon Land Public Co Ltd | Thailand | 23 |
| IAT Air Cargo Facilities Income Fund | Canada | 23 |
| Merge Housing Bhd | Malaysia | 23 |
| Highcroft Investments plc | United Kingdom | 23 |
| Westgrund AG | Germany | 22 |
| Pacific Management Corporation | Japan | 22 |
| Nichimo Corporation | Japan | 22 |
| Trafalgar Corporate Group Ltd | Australia | 22 |
| Palaces Real Estate & Development | Jordan | 22 |
| Land Co., Ltd. | Japan | 22 |
| MacarthurCook Property Securities Fund | Australia | 21 |
| Malaysia Pacific Land Bhd | Malaysia | 21 |
| FIEBM SA | France | 21 |
| Keladi Maju Bhd | Malaysia | 21 |
| Middle East Diversified Investment | Jordan | 21 |
| Sopharma Properties REIT | Bulgaria | 21 |
| Emmar for investment and Real estate development | Jordan | 21 |
| Atrium Real Estate Investment Trust | Malaysia | 21 |
| Plaza Centres plc | Malta | 21 |
| Buildmore International Ltd | Hong Kong | 21 |
| Binaik Equity Bhd | Malaysia | 21 |
| Musashino Kogyo Company, Ltd. | Japan | 21 |
| Deerfield Capital Corp. | United States | 20 |
| Riberesute Corporation | Japan | 20 |
| Chesterfield AD-Sofia | Bulgaria | 20 |
| BCB Bhd | Malaysia | 20 |
| City Service AB | Lithuania | 20 |
| Early Age Co.,Ltd. | Japan | 20 |
| New York Mortgage Trust, Inc. | United States | 20 |
| Multiplex Prime Property Fund | Australia | 20 |
| Neas ASA | Norway | 20 |
| K & G Complex Ltd. | Cyprus | 19 |
| Nationale Propriete Immeuble | France | 19 |
| Australian Education Trust | Australia | 19 |
| Pan Malaysia Holdings Bhd | Malaysia | 19 |
| Inland plc | United Kingdom | 19 |
| Aisi Realty Public Ltd | Cyprus | 19 |
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