Armada Hoffler Properties, Inc. Joins Russell 2000®, Russell 3000® and Russell Global Indexes
VIRGINIA BEACH, Va.--(BUSINESS WIRE)-- Armada Hoffler Properties, Inc. (NYSE: AHH ) today announced that the Company was added to the Russell 2000®, Russell 3000® and Russell Global Indexes following Russell Investments’ reconstitution of its comprehensive set of U.S. and global equity indexes.
Armada Hoffler Properties, Inc. was included on the final list of additions determined by Russell Investments on June 28, 2013. Approximately $4.1 trillion in assets are currently benchmarked to the Russell indexes, which are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies.
Louis Haddad, Chief Executive Officer, stated, “Our Company’s inclusion in the widely followed Russell Indexes is an important acknowledgment for us following our recent May 2013 listing on the New York Stock Exchange and further positions our story to appeal to the broader investment community.”
About Armada Hoffler Properties, Inc.
Armada Hoffler Properties, Inc. is a full service real estate company with extensive experience developing, building, owning and managing high-quality, institutional-grade office, retail and multifamily properties in attractive markets throughout the Mid-Atlantic United States. The Company has elected to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes.
Armada Hoffler Properties, Inc.
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