Cohen & Steers Announces Changes to Realty Indexes

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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.

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NEW YORK, Nov. 8, 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 November 15, 2024.

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 New York City, with offices in London, Dublin, Hong Kong, Tokyo and Singapore.

View original content:https://www.prnewswire.com/news-releases/cohen--steers-announces-changes-to-realty-indexes-302300243.html

SOURCE Cohen & Steers, Inc.

FAQ

What changes are being made to Cohen & Steers Global Realty Majors Portfolio Index in November 2024?

Charter Hall Group (CHC.AU) will be added while Daiwa House REIT Investment Corp. (8984.JP) will be removed from the index, effective November 15, 2024.

Which companies are being removed from Cohen & Steers International Realty Majors Portfolio Index?

Daiwa House REIT Investment Corp. (8984.JP), Big Yellow Group Plc (BYG.LN), and Cofinimmo SA (COFB.BB) are being removed from the index.

When will the Cohen & Steers index changes take effect?

The changes to both the Global Realty Majors Portfolio Index and International Realty Majors Portfolio Index will take effect at the close of business on November 15, 2024.