9 June 2015 – Hispania Press Release
Hispania Activos Inmobiliarios, S.A., (hereinafter, Hispania), announces its inclusion in the real estate index FTSE EPRA / NAREIT, the main benchmark for European real estate. Hispania’s inclusion in the index will become effective from 22 June.
The FTSE EPRA/Nareit Global Estate Index is an indicator managed by the European Public Estate Association (EPRA) that is designed to represent general trends in real estate equities worldwide. In order to form part of the index, companies must: generate a significant gross operating profit (EBITDA) from real estate; report their audited annual accounts in English; comply with a minimum specific liquidity requirement; and have a minimum free-float market capitalization.
The members of this index share standards of financial information between each other and with investors, as well as information about corporate governance practices. Hispania’s membership of this index will increase its visibility to international investors and provides a seal of quality and transparency in the global field of listed property.
Original story: Hispania Press Release
Edited by: Carmel Drake
Source:: AURA Real Estate Experts