NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that it will be added to the MSCI U.S. REIT Index (RMZ), effective as of the close of the market on May 31, 2018.
The RMZ is a free float-adjusted market capitalization weighted index that is comprised of equity real estate investment trusts (REITs). The index represents about 99% of the U.S. REIT universe and securities are classified under the Equity REITs Industry (under the Real Estate Sector) according to the Global Industry Classification Standard (GICS), have core real estate exposure and carry REIT tax status.
“We are pleased to be included in the MSCI U.S. REIT Index less than five months after our IPO in January of this year, and we look forward to the opportunity to continue expanding our shareholder base,” said John Popeo, President and Chief Operating Officer.
Industrial Logistics Properties Trust is a real estate investment trust, or REIT, that owns and leases industrial and logistics properties throughout the United States. ILPT is managed by the operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), an alternative asset management company that is headquartered in Newton, MA.
WARNING REGARDING FORWARD LOOKING STATEMENTS
THIS PRESS RELEASE CONTAINS FORWARD LOOKING STATEMENTS WITHIN THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND FEDERAL SECURITIES LAWS. THESE FORWARD LOOKING STATEMENTS ARE BASED ON ILPT’S CURRENT BELIEFS AND EXPECTATIONS, BUT THEY ARE NOT GUARANTEED TO OCCUR AND THEY MAY NOT OCCUR. FOR EXAMPLE: ANY BENEFITS ASSOCIATED WITH INCLUSION IN THE MSCI U.S. REIT INDEX MAY NOT HAPPEN. FURTHERMORE, BEING ADDED TO THE MSCI U.S. REIT INDEX DOES NOT GUARANTEE CONTINUED INCLUSION IN THAT INDEX AND WE MAY BE REMOVED FROM THAT INDEX IN THE FUTURE. FOR THESE REASONS, AMONG OTHERS, INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE UPON ANY FORWARD LOOKING STATEMENTS IN THIS PRESS RELEASE.
A Maryland Real Estate Investment Trust with transferable shares of
beneficial interest listed on the Nasdaq.
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.