- August 1, 2016; Vol. 3, Number 8

To read this full article you need to be subscribed to Real Assets Adviser

REIT Respect: The unprecedented addition of the real estate sector to GICS should have far-reaching implications

by Dawn Wotapka

This article was originally published in the May/June 2016 issue of REIT magazine and has been republished with the magazine's permission.

Circle Aug. 31, 2016, on the calendar, REIT enthusiasts, because what many consider the biggest development to hit the sector in 15 years is quickly approaching. After the market closes, stock exchange-listed Equity REITs and other listed real estate companies will be elevated to a new Real Estate Sector in the closely watched Global Industry Classification Standard (GICS), making it the 11th Headline-level sector under GICS.

GICS serves as thede facto classification system for equities worldwide, providing an organizational framework for everything from performance analysis to product development. The move, which pulls listed Equity REITs and real estate companies from their longtime home buried in the Financials Sector, might sound routine and wonky to the uninitiated, but it is far from it. This is the fir

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy