Monmouth Real Estate Investment Corp., a real estate investment trust based in Freehold, N.J., has been added to the Morgan Stanley REIT Index as part of the quarterly rebalancing of the index.MREIC said the index is a market capitalization-weighted, total-return index of REITs that meet certain liquidity requirements. Stocks are selected "based on a prescribed set of selection criteria and rebalancing rules that should permit investors to replicate index performance," the net-leased industrial property REIT said.
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