CHARLOTTESVILLE, VA-Vanguard Group and BlackRock Fund Advisors topped locally based SNL's annual list of the Top 25 REIT institutional investors. Vanguard, with a total investment market value of $56.1 billion, took the top slot, and BlackRock, at almost $33 billion, came in at number two.

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According to SNL research, the average year-over-year market-value increase for the REIT portfolios held by the Top 25 was just under 25%. For the complete report, click here http://www.snl.com/InteractiveX/Article.aspx?cdid=A-17445308-13610

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John Salustri

John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.