Bloomberg Launches Global REIT & Real Estate Indices

Bloomberg Indices has introduced the Bloomberg REIT & Real Estate Indices, a suite of 40 free-float market cap-weighted indices aimed at tracking the performance of REIT-focused companies.

The indices cover a broad spectrum of regions, countries, currencies, and size segments, offering comprehensive global coverage. These indices are highly customizable, allowing investors to tailor their exposure based on factors such as geography, industry focus, weighting schemes, and other specific criteria.

The indices are constructed using the Bloomberg Industry Classification System (BICS) hierarchy for determining index eligibility. The indices encompass companies engaged in a variety of real estate operations, including traditional sectors like office REITs, as well as emerging areas such as data centers and healthcare-related real estate.

The Bloomberg REIT & Real Estate Indices are rebalanced and reconstituted quarterly. Each index is calculated in three variants: price, total return, and net return.

“Globally, investors have poured approximately $8.4 billion into REIT and real estate focused ETFs according to Bloomberg data, capping one of the best years of net inflows,” said Michael Pruzinsky, product manager for equity indices, Bloomberg Index Services Limited.

“With the launch of the Bloomberg REIT & Real Estate Indices, investors have a diversified, transparent way to capitalize on the opportunities in this sector and ensure exposure to the areas driving innovation and growth,” he added.