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 |