Market cap of leading infrastructure REITs in the U.S. 2019-2023
As of Ocotber 2023, the six leading infrastructure real estate investment trusts (REITs) in the United States had a combined market capitalization of about 159 billion U.S. dollars. The largest infrastructure REIT, American Tower Corporation, saw its market cap fall from about 99.76 billion U.S. dollars to approximately 83.04 billion U.S. dollars between September 2022 and November 2023.
The REITs sector grew substantially in 2021, with the market cap reaching record high. Nevertheless, the year-to-date total returns for all property segments were negative as of September 2022.