Cohen & Steers Announces RE Index Changes

Cohen & Steers Inc., New York, has announced the deletion of Archstone-Smith Trust, a real estate investment trust based in Englewood, Colo., from its Realty Majors Portfolio Index and its Global Realty Majors Portfolio Index.Archstone is expected to be acquired by an entity jointly controlled by Tishman Speyer Real Estate Venture VII and Lehman Brothers Holdings on Oct. 5. Once the acquisition is complete, it will be replaced in the Realty Majors index by BRE Properties Inc., a multifamily REIT, and in the Global Realty Majors index by Essex Property Trust Inc., another multifamily REIT, Cohen & Steers said. The company also announced that CFS Retail Property Trust, an owner and developer of retail properties in Australia, and Aeon Mall Co. Ltd., a developer and manager of shopping centers in Japan, will be added to the Global Realty Majors index on Oct. 5, and Centro Properties Group and Beni Stabili SpA will be deleted. Cohen & Steers can be found online at http://www.cohenandsteers.com, and Archstone can be found at http://www.archstonesmith.com.