Adelante Shares RE Classics(TM) Index; Adelante Shares RE Growth(TM) Index;
Adelante Shares RE Kings(TM) Index; Adelante Shares RE Shelter(TM) Index;
Adelante Shares RE Value(TM) Index; Adelante Shares RE Yield Plus(TM) Index;
Adelante Shares RE Composite(TM) Index
OAKLAND, Calif., March 14 /PRNewswire/ -- Adelante Shares(TM) LLC, a
series of seven real estate securities related indexes, today announced it has
been informed by Standard & Poor's, the calculating agent for the Adelante
Shares(TM) Indexes, that Standard & Poor's has performed the quarterly
rebalancing of the Indexes.
The following securities will be added and deleted in the respective
Indexes effective before the opening of trading on the NYSE Arca March 24,
2008. All securities in the indexes will be equally weighted as of the
rebalance date. As part of the rebalancing, the following changes represent
the additions and deletions to the Indexes:
-- Adelante Shares RE Classics Index added Highwoods Properties, Inc.
(NYSE: HIW) and deleted American Financial Realty Trust (NYSE: AFR).
-- Adelante Shares RE Growth Index added Strategic Hotels & Resorts, Inc.
(NYSE: BEE), HCP, Inc. (NYSE: HCP), Hersha Hospitality Trust
(AMEX: HT), Equity Residential (NYSE: EQR), Host Hotels & Resorts, Inc.
(NYSE: HST), Health Care REIT, Inc. (NYSE: HCN), Federal Realty
Investment Trust (NYSE: FRT), EastGroup Properties, Inc. (NYSE: EGP),
First Industrial Realty Trust, Inc. (NYSE: FR), Equity Lifestyle
Properties, Inc. (NYSE: ELS), Nationwide Health Properties, Inc.
(NYSE: NHP), U-Store-It Trust (NYSE: YSI) and deleted Ventas, Inc.
(NYSE: VTR), Taubman Centers, Inc. (NYSE: TCO), ProLogis (NYSE: PLD),
Pennsylvania Real Estate Investment Trust (NYSE: PEI), National Retail
Properties, Inc. (NYSE: NNN), National Health Investors, Inc.
(NYSE: NHI), The Macerich Company (NYSE: MAC), LaSalle Hotel Properties
(NYSE: LHO), Winthrop Realty Trust (NYSE: FUR), Education Realty Trust,
Inc. (NYSE: EDR), Digital Realty Trust, Inc. (NYSE: DLR), Acadia Realty
Trust (NYSE: AKR).
-- Adelante Shares RE Kings Index added DiamondRock Hospitality Co.
(NYSE: DRH), First Industrial Realty Trust, Inc. (NYSE: FR) and deleted
CBL & Associates Properties, Inc. (NYSE: CBL), Ventas, Inc.
(NYSE: VTR).
-- Adelante Shares RE Shelter Index added Investors Real Estate Trust
(NASDAQ: IRETS) and deleted LaSalle Hotel Properties (NYSE: LHO).
-- Adelante Shares RE Value Index added Maguire Properties, Inc.
(NYSE: MPG), Cousins Properties Incorporated (NYSE: CUZ), General
Growth Properties, Inc. (NYSE: GGP), ProLogis (NYSE: PLD), National
Health Investors, Inc. (NYSE: NHI), Lexington Realty Trust (NYSE: LXP),
Franklin Street Properties Corporation (AMEX: FSP), Vornado Realty
Trust (NYSE: VNO), Senior Housing Properties Trust (NYSE: SNH),
Pennsylvania Real Estate Investment Trust (NYSE: PEI), Highwoods
Properties, Inc. (NYSE: HIW), Acadia Realty Trust (NYSE: AKR), UDR,
Inc. (NYSE: UDR), National Retail Properties, Inc. (NYSE: NNN), LTC
Properties, Inc. (NYSE: LTC), Universal Health Realty Income Trust
(NYSE: UHT), Ramco-Gershenson Properties Trust (NYSE: RPT), Apartment
Investment and Management Company (NYSE: AIV) and deleted American
Campus Communities, Inc. (NYSE: ACC), Ashford Hospitality Trust, Inc.
(NYSE: AHT), Strategic Hotels & Resorts, Inc. (NYSE: BEE), Boston
Properties, Inc. (NYSE: BXP), Camden Property Trust (NYSE: CPT),
Developers Diversified Realty Corporation (NYSE: DDR), Equity
Residential (NYSE: EQR), Equity One, Inc. (NYSE: EQY), First Potomac
Realty Trust (NYSE: FPO), Glimcher Realty Trust (NYSE: GRT), Getty
Realty Corp. (NYSE: GTY), Home Properties, Inc. (NYSE: HME), Inland
Real Estate Corporation (NYSE: IRC), Liberty Property Trust
(NYSE: LRY), Omega Healthcare Investors, Inc. (NYSE: OHI), Regency
Centers Corporation (NYSE: REG), Sun Communities, Inc. (NYSE: SUI),
U-Store-It Trust (NYSE: YSI).
-- Adelante Shares RE Yield Plus Index added Potlatch Corporation
(NYSE: PCH), The Macerich Company (NYSE: MAC) and deleted Vornado
Realty Trust (NYSE: VNO), First Potomac Realty Trust (NYSE: FPO).
-- Adelante Shares RE Composite Index added HCP, Inc. (NYSE: HCP),
Rayonier Inc. (NYSE: RYN), Health Care REIT, Inc. (NYSE: HCN),
Corporate Office Properties Trust (NYSE: OFC), Potlatch Corporation
(NYSE: PCH), DiamondRock Hospitality Co. (NYSE: DRH), Maguire
Properties, Inc. (NYSE: MPG), Cousins Properties Incorporated
(NYSE: CUZ) and deleted Ventas, Inc. (NYSE: VTR), Equity One, Inc.
(NYSE: EQY), First Industrial Realty Trust, Inc. (NYSE: FR),
Pennsylvania Real Estate Investment Trust (NYSE: PEI), Equity Lifestyle
Properties, Inc. (NYSE: ELS), U-Store-It Trust (NYSE: YSI), National
Health Investors, Inc. (NYSE: NHI), American Campus Communities, Inc.
(NYSE: ACC).
About Adelante Shares LLC
The Adelante Shares Indexes were created by Adelante Shares LLC, whose
Managing Director, Michael A. Torres, created one of the principal real estate
securities indexes in 1991. Mr. Torres also serves as Chief Executive Officer
of Adelante Capital Management LLC, a separate affiliate of Adelante Shares
LLC that provides investment advisory services regarding real estate
securities but is not involved with the Indexes. To develop each Index,
Adelante Shares LLC used its own proprietary model to establish specific,
defined characterization/inclusion/exclusion criteria that an issuer must meet
in order to be included in that Index. Each Index is comprised of 25 stocks,
except the Composite which tracks 40 stocks. For more information, visit the
website www.adelanteshares.com.
SOURCE Adelante Shares LLC
Mark A. Hoopes, Adelante Shares LLC, +1-510-986-2126, mhoopes@adelante.com
