PPHE Hotel Group has been included in the FTSE EPRA Nareit global real estate index.
The international hospitality group said inclusion in the index was a “significant milestone” for PPHE and would give it more visibility, liquidity and profile in the capital markets.
The index, developed by the FTSE Group in collaboration with the European Public Real Estate Association and the National Association of Real Estate Investment Trusts, is a benchmark for listed real estate investments and is designed to track the performance of listed real estate companies and REITs worldwide, to promote, develop, and represent the European public real estate sector.
PPHE chief executive Daniel Kos said: “Joining the FTSE EPRA Nareit index is a significant milestone for PPHE, providing a strong platform for continued growth by enhancing our visibility, liquidity and profile in the capital markets and enabling us to reach a broader pool of institutional investors.”
The firm joins the index from 23 December.
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