Global index provider FTSE Group has announced the launch of new real estate indices to its EPRA/NAREIT Global Real Estate Index Series.
It said the new structure of the index series will better enable investors to measure listed real estate performance across all major regions, country classifications and property types.
FTSE said as part of the expansion, several new regional indexes would be added today, including:
– FTSE EPRA/NAREIT Global Index
– FTSE EPRA/NAREIT Global ex US Index
– FTSE EPRA/NAREIT Americas Index
– FTSE EPRA/NAREIT Asia Pacific Index
– FTSE EPRA/NAREIT EMEA Index
– FTSE EPRA/NAREIT Europe Index
– FTSE EPRA/NAREIT Middle East and Africa Index
– FTSE EPRA/NAREIT Developed EMEA Index
FTSE head of alternatives Ronnee Ades said: “Globalisation of REITs and public real estate will continue to grow, driven by the fact that investors worldwide are seeking diversification; but diversification can only be achieved when coverage includes both geographic and property type exposure.”
