YTL's Starhill Global Reit joins FTSE EPRA Nareit Global Developed Index
SINGAPORE, 2 September 2021
YTL Starhill Global, the manager of SGREIT, is pleased to announce that SGREIT will be included in the FTSE EPRA Nareit Global Real Estate Index Series (Global Developed Index) with effect from 20 September 2021.
Mr Ho Sing, CEO of YTL Starhill Global, said, ''We are delighted to be included in this leading benchmark index. This reflects our commitment to drive sustainable growth for the REIT. Inclusion in the index will improve SGREIT's visibility to a wider pool of institutional investors and index funds which will enhance trading liquidity and facilitate future expansion initiatives.''
Tan Sri (Sir) Francis Yeoh, Executive Chairman of YTL Group said: ''We are indeed pleased that our SGR is included in this important Index. It shows YTL's continual commitment to sustainable practices in all our operations globally.''
FTSE EPRA Nareit Global Real Estate Index Series is an international real estate investment index developed by FTSE Russell in collaboration with the European Public Real Estate Association (EPRA) and the National Association of Real Estate Investment Trusts (Nareit). The index series is 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. More information is available from FTSE EPRA Nareit's website at https://www.ftserussell.com/products/indices/epra-nareit.