PHOENIX, Sept. 25, 2013 /PRNewswire/ -- Cole Real Estate Investments, Inc. (NYSE: COLE), a market-leading net lease REIT, announced that the company has been added to the S&P Global Property Index, the S&P Global REIT Index and the Dow Jones U.S. Real Estate Index, effective as of market open on September 23, 2013.
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"We are pleased to be recognized by the S&P and Dow Jones. Inclusion in these indexes is another significant milestone for Cole," said Marc Nemer, chief executive officer of Cole Real Estate Investments. "The addition of Cole to so many leading real estate indexes recognizes the quality of our net lease portfolio and leadership in the net lease REIT market."
According to S&P, its Global Property Index defines and measures the investable universe of publicly traded property companies. With more than 500 constituents from 36 countries, the index is ideal for a range of investing activities, including benchmarking active funds and setting the foundation for passive funds. The S&P Global REIT Index serves as a comprehensive benchmark of publicly traded equity REITs listed in both developed and emerging markets. According to Dow Jones, its U.S. REIT Index represents REITs and other companies that invest directly or indirectly in real estate through development, management or ownership, including property agencies.
With these additions, Cole is now included in the following real estate indexes: |
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About Cole Real Estate Investments, Inc.
Cole Real Estate Investments, Inc. (NYSE: COLE) is an industry‐leading net lease REIT that acquires and manages real estate assets leased long‐term to a high‐quality, diversified tenant base. Since 1979, Cole has leveraged its deep relationships, efficiencies of scale and rigorous operational processes to acquire and actively manage retail, office and industrial properties. As of June 30, 2013, Cole Real Estate Investments had total assets of $7.9 billion, which included 1,014 properties representing approximately 44 million square feet of commercial real estate in 48 states. Cole's private capital management business, Cole Capital™, is a leading sponsor of non‐listed REITs. According to industry reports from Robert A. Stanger & Co., Cole is the only non‐listed REIT sponsor to rank in the top three for annual capital raised each of the past five years.
Forward-Looking Statements
Certain statements in this press release may be considered forward-looking statements that reflect the current views of Cole Real Estate Investments and Cole's management with respect to future events. Forward-looking statements about Cole's plans, strategies and prospects are based on current information, estimates and projections; they are subject to risks and uncertainties, as well as known and unknown risks, which could cause actual results to differ materially from those projected or anticipated. Forward-looking statements are not intended to be a guarantee of any event, action, result, outcome or performance in future periods. Cole does not intend or assume any obligation to update any forward-looking statements, and the reader is cautioned not to place undue reliance on them.
SOURCE Cole Real Estate Investments, Inc.
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