REIT Touts Governance Ranking

Capital Automotive REIT, McLean, Va., has announced that it outperformed 99.8% of the companies in the S&P SmallCap 600 under a corporate governance ranking system used by Institutional Shareholder Services.The Corporate Governance Quotient assigned to the real estate investment trust also indicated that CARS had outperformed all the companies in the SmallCap 600 real estate group, the REIT said. CARS, a REIT that acquires real property and improvements used by operators of multifranchised automotive dealerships, can be found online at http://www.capitalautomotive.com.

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