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Plymouth Industrial REIT to Join MSCI REIT Index
Boston-based Plymouth Industrial REIT, Inc., will be added to the MSCI US REIT Index (RMZ) effective close of market on November 30.
The RMZ is a free float-adjusted market capitalization weighted index that is comprised of equity REITs. The index represents about 99% of the U.S. REIT universe, and securities are classified under the Equity REITs Industry (under the Real Estate Sector) according to the Global Industry Classification Standard, have core real estate exposure and carry REIT tax status.
“The inclusion in the MSCI U.S. REIT Index is a significant milestone for Plymouth and recognition of our focus on our ‘the first mile to the last mile’ strategy in strong, diverse industrial markets,” said Jeff Witherell, CEO and co-founder of Plymouth.
Plymouth focuses on the acquisition, ownership and management of single- and multi-tenant industrial properties located in primary and secondary markets within the main industrial, distribution and logistics corridors of the US.
- ◦Financing
