Cohen & Steers Announces Changes to Realty Indexes
Cohen & Steers (NYSE: CNS) has announced upcoming modifications to its Global Realty Majors Portfolio Index (GRM) and International Realty Majors Portfolio Index (IRP), effective November 15, 2024. The changes include adding Charter Hall Group (CHC.AU) and removing Daiwa House REIT Investment Corp. (8984.JP) from both indexes. Additionally, Big Yellow Group Plc (BYG.LN) and Cofinimmo SA (COFB.BB) will be removed from the IRP. These indexes are free-float adjusted, modified market capitalization-weighted, and are quoted intraday on the Chicago Mercantile Exchange.
Cohen & Steers (NYSE: CNS) ha annunciato modifiche imminenti al suo Global Realty Majors Portfolio Index (GRM) e International Realty Majors Portfolio Index (IRP), con effetto dal 15 novembre 2024. Le modifiche includono l'aggiunta di Charter Hall Group (CHC.AU) e la rimozione di Daiwa House REIT Investment Corp. (8984.JP) da entrambi gli indici. Inoltre, Big Yellow Group Plc (BYG.LN) e Cofinimmo SA (COFB.BB) saranno rimossi dall'IRP. Questi indici sono soggetti a riflessione della flottazione libera, modificati in base alla capitalizzazione di mercato e sono quotati intraday sul Chicago Mercantile Exchange.
Cohen & Steers (NYSE: CNS) ha anunciado próximas modificaciones a su Global Realty Majors Portfolio Index (GRM) y International Realty Majors Portfolio Index (IRP), con efecto a partir del 15 de noviembre de 2024. Los cambios incluyen la adición de Charter Hall Group (CHC.AU) y la eliminación de Daiwa House REIT Investment Corp. (8984.JP) de ambos índices. Además, Big Yellow Group Plc (BYG.LN) y Cofinimmo SA (COFB.BB) serán eliminados del IRP. Estos índices están ajustados por flotación libre, ponderados por capitalización de mercado modificada y se cotizan intradía en la Bolsa Mercantil de Chicago.
Cohen & Steers (NYSE: CNS)는 Global Realty Majors Portfolio Index (GRM)와 International Realty Majors Portfolio Index (IRP)에 대한 변경 사항을 발표했으며, 이는 2024년 11월 15일부터 적용됩니다. 변경 사항에는 Charter Hall Group (CHC.AU)의 추가와 Daiwa House REIT Investment Corp. (8984.JP)의 두 지수에서의 제거가 포함됩니다. 또한, Big Yellow Group Plc (BYG.LN)와 Cofinimmo SA (COFB.BB)가 IRP에서 제거될 것입니다. 이러한 지수는 자유유동 조정, 수정된 시가총액 가중치를 적용받으며, 시카고 상품 거래소에서 장중 거래됩니다.
Cohen & Steers (NYSE: CNS) a annoncé des modifications à venir de son Global Realty Majors Portfolio Index (GRM) et de son International Realty Majors Portfolio Index (IRP), prenant effet le 15 novembre 2024. Les changements incluent l’ajout de Charter Hall Group (CHC.AU) et la suppression de Daiwa House REIT Investment Corp. (8984.JP) des deux indices. De plus, Big Yellow Group Plc (BYG.LN) et Cofinimmo SA (COFB.BB) seront retirés de l'IRP. Ces indices sont ajustés en flottation libre, pondérés par capitalisation boursière modifiée et sont cotés intra-journée sur la Bourse de Chicago.
Cohen & Steers (NYSE: CNS) hat bevorstehende Änderungen an seinem Global Realty Majors Portfolio Index (GRM) und International Realty Majors Portfolio Index (IRP) bekanntgegeben, die ab dem 15. November 2024 in Kraft treten. Zu den Änderungen gehört die Hinzufügung von Charter Hall Group (CHC.AU) und die Entfernung von Daiwa House REIT Investment Corp. (8984.JP) aus beiden Indizes. Zudem werden Big Yellow Group Plc (BYG.LN) und Cofinimmo SA (COFB.BB) aus dem IRP entfernt. Diese Indizes sind frei flotiert, modifiziert kapitalisierungsgewichtet und werden intraday an der Chicago Mercantile Exchange notiert.
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Insights
This index rebalancing reflects strategic shifts in the global real estate investment landscape. The addition of Charter Hall Group and Daiwa House REIT, coupled with the removal of Big Yellow Group and Cofinimmo, signals a potential geographic reweighting towards Asia-Pacific markets. These changes could impact ETFs and investment products tracking these indexes, affecting asset allocation strategies for real estate investors.
The modifications to both GRM and IRP indexes suggest Cohen & Steers is adjusting its view on market leadership in global real estate securitization. For institutional investors and fund managers using these indexes as benchmarks, this rebalancing necessitates portfolio adjustments and could influence capital flows in the real estate sector.
Cohen & Steers Global Realty Majors Portfolio Index (GRM) | |
Added component (symbol) | Removed component (symbol) |
Charter Hall Group (CHC.AU) | Daiwa House REIT Investment Corp. (8984.JP) |
Cohen & Steers International Realty Majors Portfolio Index (IRP) | |
Added component (symbol) | Removed component (symbol) |
Charter Hall Group (CHC.AU) | Daiwa House REIT Investment Corp. (8984.JP) |
Big Yellow Group Plc (BYG.LN) | Cofinimmo SA (COFB.BB) |
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
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SOURCE Cohen & Steers, Inc.
FAQ
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