Top Five Real Estate Stocks to Diversify Your Portfolio with in May 2024

Investors looking to diversify their portfolios with real estate stocks have plenty of options to choose from in May. As the realty market picks up pace, here are the top five real estate stocks to consider:

1. UMH Properties (UMH): UMH is a US-based real estate investment trust (REIT) specializing in manufactured homes and communities. With a market cap of $73.3 billion, UMH offers attractive dividends and has seen its stock price climb 4.45% in the past month.

2. Grainger PLC: The UK’s largest residential landlord, Grainger PLC provides professionally managed rental homes across England. With a market cap of £2 billion, Grainger’s stock price is up 6.2% in the last month.

3. Sobha Ltd: Multinational company Sobha Limited, based in Bangalore, India, has a market cap of over 161 billion Indian rupees. With stock price returns up an impressive 66.6% in 2024 and 237.5% in the past year, Sobha is a standout performer.

4. Cushman & Wakefield: Cushman & Wakefield is a global commercial real estate business with a market cap of $2.39 billion. Despite not currently paying a dividend, Cushman & Wakefield’s stock price is up 2.96% in the past month and 33% in the past year.

5. Godrej Properties Ltd: Mumbai and Delhi-based property group Godrej Properties deals in commercial, residential, and industrial properties in India. With a stock price rise of 0.89% this month and 34.62% this year, Godrej Properties is a strong performer in the real estate market.

These top five real estate stocks offer investors the opportunity to diversify their portfolios and tap into the growing realty market. With strong stock price performances and potential for growth, these companies are worth considering for investors looking to expand their real estate holdings.