12/21/2020 | by

Technology has transformed nearly every aspect of the US economy, and the real estate industry is no exception. Fueled by the third industrial revolution in internet communication and e-commerce, the technology-related property sectors that represented just 12% of the universe of listed REITs in 1999 have grown to account for 44% of the market cap of this opportunity set today.

FTSE and Nareit have responded to this new dimension of portfolio diversification by adding a new benchmark to the widely-tracked FTSE Nareit US Real Estate Index Series: the FTSE Nareit New Economy Index includes listed REITs from the Infrastructure, Data Center, and Industrial property sectors.

(Contact: John Barwick at jbarwick@nareit.com)

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