Dubai: Emirates REIT said on Wednesday it has been selected to join the FTSE EPRA/NAREIT Global Emerging Markets Index, becoming the fourth UAE company to join the index.

“Inclusion in the index will further support the development of the stock as investors buy the index constituents to build and run a rage of investment products,” said Magali Mouquet, executive director of Emirates REIT Management.

FTSE EPRA/NAREIT Global Emerging Markets Index covers the largest of the world’s investment-grade emerging and developed markets.