GSW Immobilien AG enters the EPRA Europe Index
Philip Charls, CEO of EPRA commented: "We welcome GSW to the EPRA Europe Index. The inclusion increases the market capitalisation and visibility of both the company and the EPRA Index going forward. We are particularly pleased that this growth comes from the German market. The untapped potential of the listed real estate sector in Germany is vast, and we are certainly keen on seeing many more German companies following the GSW example."
The EPRA index is the leading global benchmark and most widely used investment index for listed real estate. The total number of constituents in the index, after the GSW inclusion, stands at 83. They represent a free-float market capitalisation of approx. EUR 95 billion. The ground-rules for index inclusion are publically available on the EPRA website: www.epra.com/indices_ground_rules.jsp.
EPRA - European Public Real Estate Association
The European Public Real Estate Association - is the voice of the publicly traded European real estate sector. With more than 200 active members, EPRA represents over EUR 250 billion of real estate assets and 90% of the market capitalisation of the FTSE EPRA/NAREIT Europe Index. Through the provision of better information to investors, improvement of the general operating environment, encouragement of best practices and the cohesion and strengthening of the industry, EPRA works to encourage greater investment in listed real estate companies in Europe.