S&P Adds REIT to SmallCap Index

Acadia Realty Trust, a White Plains, N.Y.-based real estate investment trust, has replaced Boston Communications Group in the Standard & Poor's SmallCap 600 Index.S&P said the company will be added to the index's REIT sub-industry index. The overall index consists of 600 domestic stocks chosen for market size, financial viability, liquidity, and industry sector representation. The shopping center REIT, which owns and develops properties chiefly in the Eastern United States, can be found on the Web at http://www.acadiarealty.com.

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