Important Disclosures

General

This information set forth herein is provided by Nareit for general information and educational purposes only. Nothing herein is intended by Nareit to serve as the primary basis for any investment decision. Nareit is not acting as an investment adviser, investment fiduciary, broker, dealer or other market participant and does not intend this publication to be a solicitation related to any particular company, nor does it intend to provide investment, legal or tax advice. ©2019 Nareit® is the exclusive registered trademark of Nareit®

All other brand names and trademarks referenced herein are property of their respective owners.

Unless otherwise indicated the facts and data set forth above pertain exclusively to U.S. stock exchange-listed Equity REITs.

No Representation or Warranty

Regardless of source, REIT data presented are historical performance data which are derived from, and apply only to, publicly traded securities. While such data are believed to be reliable when prepared or provided, such data are subject to change or restatement. Nareit does not warrant or guarantee such data for accuracy or completeness, and shall not be liable under any legal theory for such data or any errors or omissions therein. See http://reit.com/TermsofUse.aspx for important information regarding this data, the underlying assumptions and the limitations of Nareit’s liability therefor, all of which are incorporated by reference.

Performance

REIT investments are not suitable for all investors. Any investment returns or performance data (past, hypothetical, or otherwise) are not necessarily indicative of future returns or performance.

Index Comparisons

Performance information for the indexes is for illustrative purposes only and does not represent the performance of any actual investment. You cannot invest directly in an index. The historical performance of the price and NAV of the index should not be taken as an indication of future performance, and no assurance can be given as to the index's value on any date.

Terms and Conditions of Use.

By accessing or using the Nareit DB site (www.pensionsandrealestate.com) you hereby accept and agree to comply with the Terms and Conditions of Use of the Nareit Website (www.nareit.com) as though incorporated and set forth fully herein.