Subject to the conversion of Crown Castle international Corporation (USA) to REIT status, FTSE and NAREIT announce the following changes:
INDEX |
CHANGE |
EFFECTIVE FROM START OF TRADING |
FTSE NAREIT Composite |
Crown Castle International Corporation (USA, 2285991) will be added to the index with a shares in issue total of 334,072,000 and an investability weight of 100%. |
08 January 2014 |
FTSE NAREIT Real Estate 50 |
Crown Castle International Corporation will be added to the index as detailed above. |
08 January 2014 |
FTSE NAREIT All Equity REITs Index |
Crown Castle International Corporation will be added to the index as detailed above. |
08 January 2014 |
FTSE NAREIT Infrastructure REITs Index |
Crown Castle International Corporation will be added to the index as detailed above. |
08 January 2014 |
Please note:
Crown Castle International Corporation (USA) has been classified as an Infrastructure REIT within the FTSE NAREIT US Real Estate Index Series Classification System.
The T+5 tracker products released after the close on 2nd January 2014, will detail the lowest ranking constituent of the FTSE NAREIT Real Estate 50 index which will be deleted from the index in order to maintain 50 index constituents following the addition of Crown Castle International Corporation from the start of trading on 8th January 2014.
For FTSE NAREIT US Real Estate index enquiries or further information about FTSE / NAREIT please contact:
Client Services in UK: |
Tel: +44 (0) 20 7866 1810 |
Client Services in US: |
New York: (Domestic) + 1 888 747 FTSE (3873) / (International): +1 212 314 1139 |
Client Services in Asia Pacific: |
Tel: +852 2230 5803 or +81 3 3581 2840 |
Or, email your enquiries to info@ftse.com or visit our website at www.ftse.com
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