Following the quarterly review of the EPRA index on 1st December 2000, the EPRA Index Committee decided under the ground rules of the index to make the following changes. The changes are effective as at 2nd January 2001.
Stocks included in the index are as follows:
- Nieuwe Steen (The Netherlands)
- Grainger Trust (United Kingdom)
- Top Estates (United Kingdom)
- London Merchant Securities Deferred Shares (United Kingdom)
- Liberty International (United Kingdom)
Stocks excluded from the index are as follows:
- Citycon (Finland) excluded under rule 1.9 (e);
The European Public Real Estate Association in conjunction with Euronext Indices BV calculates and publishes the EPRA Index. Euronext Indices BV announces on a quarterly basis the outcome of the periodic review of the index. Euronext Indices BV calculates the index every 15 seconds making the EPRA Index Europe’s first real time index focused on the European real estate sector.
The European Public Real Estate Association exists to promote and develop the European quoted real estate sector. Some of the ways in which the association seeks to achieve this objective are:
- the establishment of an active forum;
- the promotion of common standards of "best practice" across the industry-liaison with government and regulators;
- the establishment of the information function.
The EPRA Index is maintained under the guidance of ground rules approved by the European Public Real Estate Association (EPRA) and is calculated on a real time basis by Euronext Indices BV. For more details about the EPRA Index series visit EPRA.com.
