This will enable the trust to reach a larger pool of institutional investors.
Frasers Centrepoint Trust (FCT) will be joining the FTSE EPRA/NAREIT Global Real Estate Index Series (Global Developed Index) by 23 September, according to a press release.
“Being part of a leading benchmark index for listed real estate companies and REITs worldwide would enable FCT to reach out to the larger pool of institutional investors, raise FCT’s profile in the international investment community and further improve FCT’s trading liquidity,” said Richard Ng, FCT’s Frasers Centrepoint Asset Management (FCAM) CEO.
The FTSE EPRA / NAREIT Global Real Estate Index Series is an international real estate investment index 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 index series was developed by the Financial Times Stock Exchange Group (FTSE Group) in cooperation with the European Public Real Estate Association (EPRA) and the National Association of Real Estate Investment Trusts (NAREIT).
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