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MCUBS, Nippon REIT to join FTSE EPRA/NAREIT Global Real Estate Index Series

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MCUBS, Nippon REIT to join FTSE EPRA/NAREIT Global Real Estate Index Series

MCUBS MidCity Investment Corp. and Nippon REIT Investment Corp. will be added to the FTSE EPRA/NAREIT Global Real Estate Index Series, effective Sept. 24.

The Japanese real estate investment trusts expects to grow their investor base and boost liquidity in investment units through their inclusion in the index.

The international real estate investment index was developed by the FTSE Group alongside the European Public Real Estate Association and the National Association of Real Estate Investment Trusts to serve as a benchmark for international real estate investments.