



FTSE Group has launched the FTSE UK Commercial Property Index Series, a new set of indices for the UK commercial property market. The indices will provide investors with a definitive daily measure of the performance of investable, institutional grade commercial property in the UK. The indices also provide investors with a more diversified and liquid alternative to investing directly in property.
The headline FTSE UK All Property Index has three additional sector indices, giving investors daily performance data on the retail, office and industrial sectors of the UK commercial property market, for the first time.
The index series is driven by the performance of the FTSEpx Fund, a dedicated property unit trust. Net Asset Values and Accrued Income figures that make up each index calculation are provided from the fund which is invested in a diverse portfolio of property assets. The fund has exposure to over £16 billion (as of 30th June 2007) of prime, institutional retail, office and industrial assets. Each index provides capital value and total returns performance data driven by the performance of the underlying property fund.
Following the review of the market and the investable universe for UK commercial property in accordance with the Index Rules, the weighting for All Property has been changed to the following: Retail 43.36% Office 43.47% Industrial 13.17%. This weighting is effective as of 30th June 2008.