Plymouth Industrial REIT to be Added to the MSCI REIT Index (RMZ)
Boston, MA - Nov. 15, 2021
BOSTON--(BUSINESS WIRE)-- Plymouth Industrial REIT, Inc. (NYSE: PLYM) 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.”
About Plymouth
Plymouth Industrial REIT, Inc. (NYSE: PLYM) 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.
Tripp Sullivan
SCR Partners
(615) 942-7077
TSullivan@scr-ir.com
Source: Plymouth Industrial REIT, Inc.
View original content: Businesswire
Plymouth Industrial REIT Inc.
Symbol: PLYM
CIK: 1515816
Exchange: NYSE
Founded: 2011 (13 years)
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Industrial
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score.
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