Euronext Indices B.V. announces the results of the quarterly review of the European region of the EPRA/NAREIT Global Real Estate Index as at 27 February 2004. All changes are effective as of Thursday 1 April 2004.
Results of the quarterly review
Additions
- Citycon OYJ (Finland), with a free float percentage of 100%,
- Babis Vovos International (Greece), with a free float percentage of 20%,
- Risanamento (Italy), with a free float percentage of 30%,
- REG Real Estate (Switzerland), with a free float percentage of 80%,
- London Merchant Securities Dfd (UK), with a free float percentage of 70%,
- Mucklow
Deletions
- TK Development (Denmark), on market capitalisation.
Free float changes
None
Watchlist
Watchlist In
The Watchlist In includes companies that meet the criteria for the first quarter. If the company meets the criteria at the second consecutive quarter, they are included in the index.
- Intervest Offices (Belgium),
- Leasinvest Real Estate (Belgium),
- Retail Estates (Belgium),
- Wereldhave Belgium (Belgium),
- Sjaelso Gruppen (Denmark),
- Bail Investissement (France),
- Estates & General (UK).
Watchlist Out
The Watchlist Out includes index constituents that fail the criteria for the first quarter. If the company fails the criteria at the second consecutive quarter, they are removed from the index.
- None
Source: EPRA
- Intervest Offices (Belgium),
