03/14/2022 | by

FTSE EPRA/Nareit Global Real Estate Index Series

The FTSE EPRA/Nareit Global Real Estate Index, the broadest index of global stock exchange-listed REITs and property companies in both developed and emerging countries, includes 521 constituents with a combined float-adjusted equity market cap of $2.1 trillion as of Feb. 28, 2022.

The FTSE EPRA/Nareit Developed Index, the index of global stock exchange-listed REITs and property companies in developed countries includes 376 constituents with a combined float-adjusted equity market cap of $1.9 trillion, as of Feb. 28, 2022.

On Mar. 3, 2022, representatives from FTSE Russell, EPRA, and Nareit met with members of the FTSE EPRA/Nareit Regional Advisory Committees for the regularly scheduled fourth-quarter review of index constituents. The following additions, deletions and classification changes were agreed to and will be applied after the close of business on Friday, Mar. 18, 2022:

Developed

Inclusions

         

Company Name

Country

Region

Rental

REIT

Sector

Brack Capital Ord Shs

Israel

EMEA

Rental

Non-REIT

Residential

ESR Kendall Square REIT

South Korea

ASIA

Rental

REIT

Industrial

Heiwa Real Estate

Japan

ASIA

Non-Rental

Non-REIT

Diversified

NP3 Fastigheter Ord Shs

Sweden

EMEA

Rental

Non-REIT

Diversified

One REIT

Japan

ASIA

Rental

REIT

Office

Takara Leben Real Estate Investment

Japan

ASIA

Rental

REIT

Diversified

Urban Logistics REIT

UK

EMEA

Rental

REIT

Industrial

Vital Healthcare Property Trust

New Zealand

ASIA

Rental

REIT

Healthcare


Classification Changes

Company Name

Country

Region

Old Sector

New Sector

Orion Office REIT

United States

Americas

Retail

Office

Starts Proceed Investment

Japan

ASIA

Industrial

Diversified


Emerging

Inclusions

         

Company Name

Country

Region

Rental

REIT

Sector

Bonyan REIT Units

Saudi Arabia

EMEA

Rental

REIT

Diversified

 

Exclusions

Company Name

Country

Region

 

Akis Gayrimenkul Yatirim Ortakligi Ord Shs

Turkey

EMEA

 

Halk Gayrimenkul Yatirim Ortakligi A Ord Shs

Turkey

EMEA

 

Hui Xian Real Estate Investment Trust

China

ASIA

 

IGB Real Estate Investment Trust

Malaysia

ASIA

 

IOI Properties Group

Malaysia

ASIA

 

Sime Darby Property

Malaysia

ASIA

 

Torunlar Gayrimenkul Yatirim Ortakligi

Turkey

EMEA

 

Vista Land & Lifescapes

Philippines

ASIA

 

WHA Premium Growth Freehold & Leasehold REIT

Thailand

ASIA

 

Zhenro Properties Group (P Chip)

China

ASIA

 


FTSE Nareit U.S. Real Estate Index Series

As of Feb. 28, 2022, the FTSE Nareit All REITs Index, the broadest index of listed REITs in the FTSE Nareit U.S. Real Estate Index Series, included 215 constituents with a combined total equity market cap of $1.5 trillion. Of the 215 REITs in the FTSE Nareit All REITs Index, 28 firms were constituents of the S&P 500; 35 firms were constituents of the S&P 400; and 56 firms were constituents of the S&P 600.

On Mar. 2, 2022, representatives from FTSE Russell and Nareit met with members of the FTSE Nareit U.S. Real Estate Index Advisory Committee for the regularly scheduled first-quarter review of index constituents. The following additions, deletions and classification changes were agreed to and will be applied after the close of business on Friday, Mar. 18, 2022:

Classification Changes

Company Name

Old Sector

New Sector

Orion Office REIT

Retail

Office

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