INDUS Realty Trust, Inc. to Be Added to the MSCI US REIT Index
May 16 2022 - 7:00PM
Business Wire
INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the
“Company”), a U.S. based industrial/logistics REIT, today
announced that effective as of the close of market on May 31, 2022,
INDUS will be added to the MSCI US REIT Index, as part of the May
2022 Semi-Annual Index Review for the MSCI Equity Indexes.
About MSCI(1)
MSCI is a leading provider of critical decision support tools
and services for the global investment community. With over 50
years of expertise in research, data and technology, we power
better investment decisions by enabling clients to understand and
analyze key drivers of risk and return and confidently build more
effective portfolios. We create industry-leading research-enhanced
solutions that clients use to gain insight into and improve
transparency across the investment process. To learn more, please
visit https://www.msci.com/.
About INDUS
INDUS is a real estate business principally engaged in
developing, acquiring, managing and leasing industrial/logistics
properties. INDUS owns 35 industrial/logistics buildings totaling
approximately 5.4 million square feet in Connecticut, Pennsylvania,
North Carolina, South Carolina and Florida.
(1)The inclusion of INDUS in any MSCI index, and the use of MSCI
logos, trademarks, service marks or index names herein, do not
constitute a sponsorship, endorsement, or promotion of INDUS by
MSCI or any of its affiliates. The MSCI indexes are the exclusive
property of MSCI. MSCI and the MSCI index names and logos are
trademarks or service marks of MSCI or its affiliates.
Forward-Looking Statements
This Press Release includes “forward-looking statements” within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. These forward-looking statements include INDUS’ beliefs
and expectations regarding future events or conditions including,
without limitation, the expectation that INDUS will be added to the
MSCI US REIT Index. Although INDUS believes that its plans,
intentions and expectations reflected in such forward-looking
statements are reasonable, it can give no assurance that such
plans, intentions or expectations will be achieved. The projected
information disclosed herein is based on assumptions and estimates
that, while considered reasonable by INDUS as of the date hereof,
are inherently subject to significant business, economic,
competitive and regulatory uncertainties and contingencies, many of
which are beyond the control of INDUS and which could cause actual
results and events to differ materially from those expressed or
implied in the forward-looking statements. Other important factors
that could affect the outcome of the events set forth in these
statements are described in INDUS’ Securities and Exchange
Commission (“SEC”) filings, including the “Business,” “Risk
Factors” and “Forward-Looking Statements” sections in INDUS’ Annual
Report on Form 10-K for the year ended December 31, 2021, filed
with the SEC on March 11, 2022, as updated by other filings with
the Securities and Exchange Commission. INDUS disclaims any
obligation to update any forward-looking statements as a result of
developments occurring after the date of this press release except
as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20220516006089/en/
Jon Clark Executive Vice President, Chief Financial
Officer (860) 286-2419 jclark@indusrt.com
Investor Relations investor@indusrt.com
INDUS Realty (NASDAQ:INDT)
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