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Cohen & Steers Announces Changes to Realty Indexes

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Cohen & Steers, Inc. (NYSE: CNS) has announced changes to its Global Realty Majors Portfolio Index (GRM) and International Realty Majors Portfolio Index (IRP), effective August 16, 2024. The updates include the addition of Stockland and KDX Realty Investment Corp., while removing Mirvac Group and Orix JREIT Inc. from both indexes. These indexes are free-float adjusted, modified market capitalization-weighted total return indexes of selected real estate equity securities, quoted intraday on a real-time basis by the Chicago Mercantile Exchange. The indexes employ a qualitative screening process to emphasize companies that Cohen & Steers believes are leading the global real estate securitization. They can be used for various purposes, including indexing benchmarks, stock selection universes, and performance benchmarks.

Cohen & Steers, Inc. (NYSE: CNS) ha annunciato modifiche al suo Global Realty Majors Portfolio Index (GRM) e all'International Realty Majors Portfolio Index (IRP), che entreranno in vigore il 16 agosto 2024. Gli aggiornamenti includono l'aggiunta di Stockland e KDX Realty Investment Corp., mentre vengono rimosse Mirvac Group e Orix JREIT Inc. da entrambi gli indici. Questi indici sono indicizzati in base alla flottante, rettificati e pesati in base alla capitalizzazione di mercato modificata per il rendimento totale di titoli azionari immobiliari selezionati, quotati intraday in tempo reale dalla Chicago Mercantile Exchange. Gli indici impiegano un processo di screening qualitativo per enfatizzare le aziende che Cohen & Steers ritiene siano leader nella cartolarizzazione immobiliare globale. Possono essere utilizzati per vari scopi, inclusi benchmark di indicizzazione, universi di selezione delle azioni e benchmark di performance.

Cohen & Steers, Inc. (NYSE: CNS) ha anunciado cambios en su Global Realty Majors Portfolio Index (GRM) y en su International Realty Majors Portfolio Index (IRP), que entrarán en vigor el 16 de agosto de 2024. Las actualizaciones incluyen la inclusión de Stockland y KDX Realty Investment Corp., mientras que se eliminan Mirvac Group y Orix JREIT Inc. de ambos índices. Estos índices son ajustados por flotación libre, ponderados por capitalización de mercado modificada y de rendimiento total de valores de acciones inmobiliarias seleccionados, cotizados intradía en tiempo real por la Chicago Mercantile Exchange. Los índices utilizan un proceso de selección cualitativa para enfatizar las empresas que Cohen & Steers considera líderes en la titularización inmobiliaria global. Pueden ser utilizados para diversos propósitos, incluyendo benchmarks de indexación, universos de selección de acciones y benchmarks de rendimiento.

Cohen & Steers, Inc. (NYSE: CNS)는 Global Realty Majors Portfolio Index (GRM) 및 International Realty Majors Portfolio Index (IRP)에 대한 변경 사항을 발표했습니다, 2024년 8월 16일부터 시행됩니다. 업데이트에는 Stockland 및 KDX Realty Investment Corp.추가가 포함되며, Mirvac Group 및 Orix JREIT Inc.는 두 지수에서 제거됩니다. 이 지수들은 자유 유동성 조정, 수정된 시가 총액 가중치 총 수익 지수로, 선택된 부동산 주식 증권으로 구성되며, 시카고 상품 거래소에서 실시간으로 인트라 데이 기준으로 인용됩니다. 이 지수들은 정성적 선별 프로세스를 사용하여 Cohen & Steers가 글로벌 부동산 유가증권화에서 선도적인 기업으로 믿는 회사를 강조합니다. 이들은 인덱싱 벤치마크, 주식 선택 우주 및 성과 벤치마크 등 다양한 목적으로 사용될 수 있습니다.

Cohen & Steers, Inc. (NYSE: CNS) a annoncé des changements à son Global Realty Majors Portfolio Index (GRM) et à son International Realty Majors Portfolio Index (IRP), qui entreront en vigueur le 16 août 2024. Les mises à jour incluent l'ajout de Stockland et de KDX Realty Investment Corp., tandis que Mirvac Group et Orix JREIT Inc. sont supprimés des deux indices. Ces indices sont des indices de rendement total ajustés en fonction de la libre circulation, pondérés par la capitalisation boursière modifiée de valeurs mobilières immobilières sélectionnées, cotées intraday en temps réel par la Chicago Mercantile Exchange. Les indices emploient un processus de sélection qualitative pour mettre en avant les entreprises que Cohen & Steers considère comme leaders de la titrisation immobilière mondiale. Ils peuvent être utilisés à diverses fins, y compris des indices de référence d'indexation, des univers de sélection d'actions et des indices de performance.

Cohen & Steers, Inc. (NYSE: CNS) hat Änderungen an seinen Global Realty Majors Portfolio Index (GRM) und International Realty Majors Portfolio Index (IRP) bekannt gegeben, die am 16. August 2024 in Kraft treten. Zu den Aktualisierungen gehören die Hinzufügung von Stockland und KDX Realty Investment Corp., während Mirvac Group und Orix JREIT Inc. aus beiden Indizes entfernt werden. Diese Indizes sind frei fließend, modifiziert nach Marktkapitalisierung gewichtete Gesamtrenditeindizes von ausgewählten Immobilienaktien, die intraday in Echtzeit von der Chicago Mercantile Exchange gehandelt werden. Die Indizes nutzen einen qualitativen Auswahlprozess, um Unternehmen hervorzuheben, die Cohen & Steers als führend in der globalen Immobilienverbriefung ansieht. Sie können für verschiedene Zwecke verwendet werden, einschließlich Benchmark-Indexierung, Aktienauswahluniversen und Leistungsbenchmarks.

Positive
  • Proactive management of realty indexes to reflect current market conditions
  • Potential for improved index performance with the addition of new components
  • Maintenance of index relevance in the global real estate market
Negative
  • None.

NEW YORK, Aug. 9, 2024 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) announced today pending changes to its Global Realty Majors Portfolio Index (GRM) and International Realty Majors Portfolio Index (IRP), effective as of the close of business on August 16, 2024.

Cohen & Steers Global Realty Majors Portfolio Index (GRM)

Added component (symbol)

Removed component (symbol)

Stockland Corporation Ltd. (SGP.AU)

Mirvac Group (MGR.AU)

KDX Realty Investment Corp. (8972.JP)

Orix JREIT Inc. (8954.JP)

 

Cohen & Steers International Realty Majors Portfolio Index (IRP)

Added component (symbol)

Removed component (symbol)

Stockland Corporation Ltd. (SGP.AU)

Mirvac Group (MGR.AU)

KDX Realty Investment Corp. (8972.JP)

Orix JREIT Inc. (8954.JP)



These free-float adjusted, modified market capitalization-weighted total return indexes of selected real estate equity securities are quoted intraday on a real-time basis by the Chicago Mercantile Exchange. The Indexes' modified capitalization-weighted approach and qualitative screening process emphasize companies that Cohen & Steers believes are leading the securitization of real estate globally.

The Indexes can be used as indexing benchmarks, stock selection universes, underlying indexes for derivative instruments or performance benchmarks. All index weightings are independently calculated by Standard & Poor's.

Website: https://www.cohenandsteers.com/

Symbol: (NYSE: CNS)

About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong, Tokyo and Singapore.

Cision View original content:https://www.prnewswire.com/news-releases/cohen--steers-announces-changes-to-realty-indexes-302219072.html

SOURCE Cohen & Steers, Inc.

FAQ

What changes did Cohen & Steers (NYSE: CNS) announce for its realty indexes?

Cohen & Steers announced changes to its Global Realty Majors Portfolio Index (GRM) and International Realty Majors Portfolio Index (IRP), effective August 16, 2024. They added Stockland and KDX Realty Investment Corp., while removing Mirvac Group and Orix JREIT Inc. from both indexes.

When will the changes to Cohen & Steers (NYSE: CNS) realty indexes take effect?

The changes to Cohen & Steers' Global Realty Majors Portfolio Index (GRM) and International Realty Majors Portfolio Index (IRP) will take effect as of the close of business on August 16, 2024.

How are the Cohen & Steers (NYSE: CNS) realty indexes calculated?

The Cohen & Steers realty indexes are free-float adjusted, modified market capitalization-weighted total return indexes. They use a qualitative screening process to emphasize companies that Cohen & Steers believes are leading the securitization of real estate globally.

What are the potential uses for Cohen & Steers (NYSE: CNS) realty indexes?

The Cohen & Steers realty indexes can be used as indexing benchmarks, stock selection universes, underlying indexes for derivative instruments, or performance benchmarks in the real estate equity securities market.

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