Euronext and Institut de l'Epargne Immobilière et Foncière (IEIF) have joined forces to produce a new index with a view to raising the profile of the listed real-estate sector in Europe. Set for launch on 4 June, the index will be called Euronext IEIF REIT Europe.

Component stocks of the Euronext IEIF REIT Europe are a selection of the most representative Real Estate Investment Trusts* (REITs) in Europe, chosen for their market capitalization and liquidity. Investors, fund managers and issuers will be able to use the index to track European real estate companies that have opted for REIT status and assess the relative performance of the sector and individual companies.