Cole added to S&P and Dow Jones real estate indices
Net lease real estate investment trust Cole Real Estate Investments has been added to the S&P Global Property Index, the S&P Global REIT Index and the Dow Jones US Real Estate Index, effective 23 September 2013.
"We are pleased to be recognised by the S&P and Dow Jones. Inclusion in these indexes is another significant milestone for Cole," says Marc Nemer (pictured), chief executive officer of Cole Real Estate Investments. "The addition of Cole to so many leading real estate indexes recognises the quality of our net lease portfolio and leadership in the net lease REIT market."
The S&P Global Property Index defines and measures the investable universe of publicly traded property companies. With more than 500 constituents from 36 countries, the index is ideal for a range of investing activities, including benchmarking active funds and setting the foundation for passive funds. The S&P Global REIT Index serves as a benchmark of publicly traded equity REITs listed in both developed and emerging markets.
The Dow Jones US Real Estate Index represents REITs and other companies that invest directly or indirectly in real estate through development, management or ownership, including property agencies.