Safehold, a REIT that specializes in ground leases,will join the MSCI US REIT Index.
The New York-based REIT is the first company to join the index'snew category, which now recognizes ground leases as an eligibleproperty type. Safeguard is the first and only company in thecategory.
The RMZ is a free float-adjusted market capitalizationweighted index. It includes securities classified under the EquityREITs Industry according to the Global Industry ClassificationStandard, which have core real estate exposure, and carry REIT taxstatus.
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Samantha Stokes
Samantha Stokes, based in New York, is a staff reporter at American Lawyer covering the business of law. You can reach her at [email protected] or on Twitter: @stokessamanthaj.
