FTSE Group launches the new FTSE EPRA/NAREIT Global Indices. New Global indices now represent a composite of both Developed and Emerging subsets, providing a useful tool for real estate investors seeking additional granularity in tracking global real estate markets.
As part of this continued expansion, the following new regional indexes have been added to the FTSE EPRA/NAREIT Global Real Estate Index Series:
-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
The new structure of the index series better enables investors to measure listed real estate performance across all major geographies, country classifications and property types.
Globalization 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, says Ronnee Ades, head of Alternatives, FTSE.
L.D.