Frasers Logistics & Industrial Trust announced that FLT will be included in the FTSE EPRA/NAREIT Global Real Estate Index Series (Global Developed Index) from 19 March 2019.
Mr. Robert Wallace, Chief Executive Officer of the REIT Manager, said, “FLT’s entry into the FTSE EPRA/NAREIT index – a leading benchmark index for institutional real-estate investors – marks a major milestone in our journey as a publicly-listed real estate investment trust (“REIT”), which we believe will further raise FLT’s trading liquidity and visibility to global investors. We are thankful to FLT’s investors, whose support and confidence in FLT have been paramount in making this achievement possible.”
The FTSE EPRA / NAREIT Global Real Estate Index Series is an international real estate investment index developed by FTSE Group in cooperation with the European Public Real Estate Association (EPRA) and the National Association of Real Estate Investment Trusts (NAREIT).
The index series is designed to track the performance of listed real estate companies and REITs worldwide and is seen as the leading benchmark for listed real estate investments. The Ground Rules for index inclusion are publicly available on the EPRA website.