FTSE Group (“FTSE”), the award winning global index provider, announces the licensing of MSS Real Estate LLP (“MSS”) to create the FTSE UK Commercial Property Index Fund Limited, a new closed-ended investment …
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company to be listed on the Main Market of the London Stock Exchange which tracks the FTSE All UK Property Index, the headline index of the FTSE UK Commercial Property Index Series (“Index”).
Launched in 2006, with data back-cast by FTSE to 2001, the Index is calculated daily and is designed to reflect the investment performance of retail, office and industrial property in the UK. The Index also provides investors with a definitive daily measure of the performance of over £60 billion of investable, institutional grade commercial property across the UK, offering a liquid and diversified alternative to direct property investment.
Source: ETFWorld – FTSE Group (“FTSE”)
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