Canadian REIT public ranking
Largest Canadian REITs by Market Cap
As of October 28, 2026, Largest Canadian REITs by Market Cap is led by Choice Properties REIT (CHP.UN), Chartwell Retirement Residences (CSH.UN), RioCan REIT (REI.UN). The top row is Choice Properties REIT (CHP.UN) at $10.8B, based on REIT Stack's publicly visible metrics and the ranking rule below.
Methodology
Sorted by latest public market capitalization in descending order. Rows with null or invalid market capitalization are excluded.
Market capitalization reflects equity market scale, not asset quality, total return, or investment merit.
Data, not investment advice. See the methodology and disclaimer.
Ranking Metrics
Excludes REITs without a valid market capitalization.
| Rank | Ticker | Name | Market Cap | Sector | Distribution Yield | Price / Reported NAV | Distribution Safety | As of | Facts |
|---|---|---|---|---|---|---|---|---|---|
| 1 | CHP.UN | Choice Properties REIT | $10.8B | Retail | 5.19% Market snapshot as of October 28, 2026 | 1.03x Reported NAV as of December 31, 2025 | Covered | October 28, 2026 | Fact sheet |
| 2 | CSH.UN | Chartwell Retirement Residences | $6.5B | Healthcare | 2.93% Market snapshot as of October 28, 2026 | - Reported NAV as of December 31, 2025 | Covered | October 28, 2026 | Fact sheet |
| 3 | REI.UN | RioCan REIT | $6.2B | Retail | 5.44% Market snapshot as of October 28, 2026 | 0.87x Reported NAV as of December 31, 2025 | Covered | October 28, 2026 | Fact sheet |
| 4 | GRT.UN | Granite REIT | $5.1B | Industrial | 4.13% Market snapshot as of October 28, 2026 | - Reported NAV as of December 31, 2025 | Covered | October 28, 2026 | Fact sheet |
| 5 | CAR.UN | Canadian Apartment Properties REIT | $4.9B | Residential | 4.93% Market snapshot as of October 28, 2026 | 0.55x Reported NAV as of December 31, 2025 | Covered | October 28, 2026 | Fact sheet |
| 6 | FCR.UN | First Capital REIT | $4.9B | Retail | 3.92% Market snapshot as of October 28, 2026 | 1.01x Reported NAV as of December 31, 2025 | Watch | October 28, 2026 | Fact sheet |
| 7 | SRU.UN | SmartCentres REIT | $4.8B | Retail | 6.82% Market snapshot as of October 28, 2026 | 0.75x Reported NAV as of December 31, 2025 | Covered | October 28, 2026 | Fact sheet |
| 8 | CRT.UN | CT REIT | $4.1B | Retail | 5.48% Market snapshot as of October 28, 2026 | 0.94x Reported NAV as of December 31, 2025 | Covered | October 28, 2026 | Fact sheet |
| 9 | DIR.UN | Dream Industrial REIT | $3.8B | Industrial | 5.44% Market snapshot as of October 28, 2026 | 0.77x Reported NAV as of December 31, 2025 | Covered | October 28, 2026 | Fact sheet |
| 10 | BEI.UN | Boardwalk REIT | $3.3B | Residential | 2.67% Market snapshot as of October 28, 2026 | 0.64x Reported NAV as of December 31, 2025 | Covered | October 28, 2026 | Fact sheet |
| 11 | PMZ.UN | Primaris REIT | $3.0B | Retail | 3.92% Market snapshot as of October 28, 2026 | 1.04x Reported NAV as of December 31, 2025 | Covered | October 28, 2026 | Fact sheet |
| 12 | CRR.UN | Crombie REIT | $3.0B | Retail | 5.60% Market snapshot as of October 28, 2026 | 1.61x Reported NAV as of December 31, 2025 | Covered | October 28, 2026 | Fact sheet |
| 13 | HR.UN | H&R REIT | $2.7B | Diversified | 6.15% Market snapshot as of October 28, 2026 | 0.60x Reported NAV as of December 31, 2025 | Covered | October 28, 2026 | Fact sheet |
| 14 | KMP.UN | Killam Apartment REIT | $2.1B | Residential | 4.15% Market snapshot as of October 28, 2026 | 0.68x Reported NAV as of December 31, 2025 | Covered | October 28, 2026 | Fact sheet |
| 15 | VITL.UN | Vital Infrastructure Property Trust | $1.2B | Healthcare | 7.42% Market snapshot as of October 28, 2026 | 0.63x Reported NAV as of December 31, 2025 | Covered | October 28, 2026 | Fact sheet |
| 16 | MI.UN | Minto Apartment REIT | $1.1B | Residential | 2.93% Market snapshot as of August 14, 2026 | 0.97x Reported NAV as of December 31, 2025 | Covered | August 14, 2026 | Fact sheet |
| 17 | SGR.UN | Slate Grocery REIT | $1.1B | Retail | 4.93% Market snapshot as of October 28, 2026 | 1.28x Reported NAV as of December 31, 2025 | Elevated risk | October 28, 2026 | Fact sheet |
| 18 | MHC.UN | Flagship Communities REIT | $769M | Specialty | 2.15% Market snapshot as of October 28, 2026 | 0.94x Reported NAV as of December 31, 2025 | Covered | October 28, 2026 | Fact sheet |
| 19 | MRG.UN | Morguard North American Residential REIT | $756M | Residential | 5.37% Market snapshot as of October 28, 2026 | - Reported NAV as of December 31, 2025 | Covered | October 28, 2026 | Fact sheet |
| 20 | AP.UN | Allied Properties REIT | $745M | Office | 20.93% Market snapshot as of October 28, 2026 | 0.18x Reported NAV as of December 31, 2025 | Elevated risk | October 28, 2026 | Fact sheet |
| 21 | APR.UN | Automotive Properties REIT | $702M | Specialty | 6.75% Market snapshot as of October 28, 2026 | 0.92x Reported NAV as of December 31, 2025 | Covered | October 28, 2026 | Fact sheet |
| 22 | NXR.UN | Nexus Industrial REIT | $700M | Industrial | 4.41% Market snapshot as of October 28, 2026 | 0.54x Reported NAV as of December 31, 2025 | Elevated risk | October 28, 2026 | Fact sheet |
| 23 | PLZ.UN | Plaza Retail REIT | $584M | Retail | 5.39% Market snapshot as of October 28, 2026 | 1.02x Reported NAV as of December 31, 2025 | Covered | October 28, 2026 | Fact sheet |
| 24 | NRR.UN | Northview Residential REIT | $538M | Residential | 6.71% FY-close fallback as of December 31, 2025 | 0.54x Reported NAV as of December 31, 2025 | Covered | October 28, 2026 | Fact sheet |
| 25 | HOM.UN | BSR REIT | $520M | Residential | 3.71% Market snapshot as of October 21, 2026 | 0.93x Reported NAV as of December 31, 2025 | Covered | October 21, 2026 | Fact sheet |
| 26 | MRT.UN | Morguard REIT | $460M | Office | 3.47% Market snapshot as of October 28, 2026 | 0.70x Reported NAV as of December 31, 2025 | Elevated risk | October 28, 2026 | Fact sheet |
| 27 | PRV.UN | PRO REIT | $454M | Industrial | 6.60% Market snapshot as of October 28, 2026 | 0.87x Reported NAV as of December 31, 2025 | Watch | October 28, 2026 | Fact sheet |
| 28 | BTB.UN | BTB REIT | $327M | Industrial | 8.11% Market snapshot as of October 28, 2026 | - Reported NAV as of December 31, 2025 | Covered | October 28, 2026 | Fact sheet |
| 29 | D.UN | Dream Office REIT | $313M | Office | 6.26% Market snapshot as of October 28, 2026 | 0.32x Reported NAV as of December 31, 2025 | Covered | October 28, 2026 | Fact sheet |
| 30 | FCD.UN | Firm Capital Property Trust | $274M | Diversified | 7.44% Market snapshot as of October 28, 2026 | 0.88x Reported NAV as of December 31, 2025 | Watch | October 28, 2026 | Fact sheet |
| 31 | NET.UN | Canadian Net REIT | $124M | Retail | 5.88% Market snapshot as of October 28, 2026 | - Reported NAV as of December 31, 2025 | Covered | October 28, 2026 | Fact sheet |
| 32 | MPCT.UN | Dream Impact Trust | $25M | Diversified | - | 0.07x Reported NAV as of December 31, 2025 | Insufficient data | October 28, 2026 | Fact sheet |