When Real Estate companies are removed from the Financials Sector of the S&P Dow Jones Indices and become constituents of a new Real Estate Sector on September 16, the sector will be the eight largest of the 11 headline sectors that make up the S&P 1,500 Index. It will have an equity market capitalization of $841 billion – 4 percent of the S&P 1,500, and bigger than Utilities, Materials and Telecommunication Services -- $824 billion of which will come from Equity REITs.
09/07/2016
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