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>>> Farmland Partners to Be Added to the MSCI REIT Index (RMZ)


Businesswire

May 16, 2022


https://finance.yahoo.com/news/farmland-partners-added-msci-reit-111000870.html


DENVER, May 16, 2022--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the "Company" or "FPI") today announced that it will be included in the Morgan Stanley Capital International (MSCI) US REIT Index (the "RMZ") as of the close of the market on May 31, 2022.

The RMZ is a free float-adjusted market capitalization weighted index that is comprised of equity real estate investment trusts (REITs) and is one of the most broadly adopted benchmarks for the stock market performance of the REIT sector.

"Our inclusion in the RMZ represents a significant milestone for the Company," said FPI Chairman and CEO Paul Pittman. "It is a testament to the Company’s growth strategy, and inclusion in the index should provide enhanced visibility to the investment community and could attract further capital deployed through passive strategies."

About Farmland Partners Inc.

Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to farmers secured by farm real estate. As of the date of this release, the Company owns and/or manages approximately 185,000 acres in 19 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Louisiana, Michigan, Mississippi, Missouri, Nebraska, North Carolina, South Carolina, South Dakota and Virginia. We have approximately 26 crop types and more than 100 tenants. The Company elected to be taxed as a real estate investment trust, or REIT, for U.S. federal income tax purposes, commencing with the taxable year ended December 31, 2014.

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