Biomed Realty Trust Inc. will replace CenterPoint Properties Trust in the S&P REIT Composite Index after the close of trading on March 8, Standard & Poor's has announced.S&P said the reason for the change is that CenterPoint is being acquired by Solstice Merger Trust and CalEast Industrial Investors LLC. Biomed is a San Diego-based real estate investment trust that owns, leases, and manages laboratory and office space for life science tenants. S&P can be found online at http://www.standardandpoors.com.
S&P Reports Change in REIT Index
March 07, 2006, 3:00 p.m. EST 1 Min Read
