Dividend investors often view Realty Income (O) as a benchmark in the real estate investment trust ((REIT)) space with its monthly dividends and steady performance, but Unibail-Rodamco-Westfield (UNBLF) currently offers a more attractive investment proposition for investors who can handle EUR currency risk. Both companies are among the largest and highest-quality retail REITs in the world, but Realty Income's recent outperformance leaves URW offering a dramatically more attractive dividend yield and more upside to the share price. URW also offers preferred geographic diversification with a majority of assets in Europe where