FTSE eyes emerging markets

The FTSE Group, in conjunction with the European Public Real Estate Association (Epra) and the National Association of Real Estate Investment Trusts (Nareit), is readying a new family of real estate indices for emerging markets. The indices, made up of listed property stocks, will be launched in December.

Demand for real estate investment in emerging markets has caught the interest of investors, and the FTSE Epra/Nareit Emerging Markets index series will allow them, for the first time, to track the development of these markets.

“We believe that Reits and other listed real estate will take off in emerging markets as they have in most developed countries, because of the overwhelming economic benefits or their structures,” says Philip Charls, Epra’s chief executive.

FTSE, Epra and Nareit jointly developed the methodology for the emerging market indices.

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