S&P to Add REIT to SmallCap 600

Published July 25, 2006, 2:00 p.m. EDT

1 Min Read

PS Business Parks Inc., a real estate investment trust based in Glendale, Calif., will replace Diagnostic Products Corp. in the S&P SmallCap 600 Index after the close of trading July 27, Standard & Poor's has announced.S&P said the reason for the change is that Diagnostic is being acquired by Siemens AG. PS Business Parks acquires, develops, owns, and operates commercial properties, with a special focus on flex, multitenant office, and industrial space. S&P can be found online at http://www.standardandpoors.com, and PS Business Parks can be found at http://www.psbusinessparks.com.

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