Walls & Futures REIT plc today announced it had joined the MSCI IPD UK Residential Property Index.
The index measures unleveraged total returns of directly held standing property investments. As of December 2016, it tracked the performance of 11,201 residential property investments, with a total capital value of £12.1 billion.
Joe McTaggart, CEO of Walls & Futures REIT plc commented:
“As a growing Social Housing REIT our aim is to generate a measurable and beneficial social impact alongside a positive financial return.
We feel that being part of the MSCI IPD UK Residential Property Index offers, our shareholders and those considering investing, a transparent and meaningful method of comparing our absolute and relative performance with that of the index and our larger peers.”