BOSTON, (BUSINESS WIRE) -- Plymouth Industrial REIT, Inc. /zigman2/quotes/206716134/composite PLYM -1.34% announced that it will be added to the MSCI US REIT Index (RMZ) effective as of the close of market on November 30, 2021.
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 (GICS®), have core real estate exposure and carry REIT tax status.
Jeff Witherell, Chief Executive Officer and Co-Founder of Plymouth, noted, “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. We are grateful for the increased visibility and access to the investment community that this index can provide.”
Plymouth Industrial REIT, Inc. /zigman2/quotes/206716134/composite PLYM -1.34% is a real estate investment trust focused on the acquisition, ownership and management of single and multi-tenant industrial properties, including distribution centers, warehouses, light industrial and small bay industrial properties, located in primary and secondary markets within the main industrial, distribution and logistics corridors of the United States.
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SOURCE: Plymouth Industrial REIT, Inc.
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