- Barclays (NYSE:BCS) launches the Colony Capital Fundamental US Real Estate Index, designed with REIT Colony Capital (NYSE:CLNY).
- The premise of the new index is that avoidance of risk is the primary driver of long-term outperformance in commercial real estate.
- The index is designed to eliminate the riskiest REITs by focusing on characteristics that Colony views to be reliable markers of risk and screening out REITs that exhibit those characteristics. The index excludes mortgage REITs.