SPG +23.4%. Welltower +29.0%, Equinix +20.9%, American Tower +9.0%, Prologis +2.3%. Weekly closes, Nov 7, 2025 = 100, log scale.

End-of-day closes (Databento EOD), the last close of each week. The four peers are the largest US-listed companies by market value in SPG’s SEC industry (Real Estate Investment Trusts) with a year of closes. It shows what the closes did; a move here is not a cause, a forecast or a call.