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.
Following the quarterly review of the EPRA index on 31st August 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 October 2000.
Stocks excluded from the index are as follows:
Concordia (Germany) under rule 1.9 (f);
Stocks included in the index are as follows:
Swiss Prime Site (Switzerland) New Issue: trading over 60 days
Sophia (France) Complies with rule 1.10 (h)
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 AEX Indices BV. For more details about the EPRA Index series visit EPRA.com.