Chambers Street Properties (NYSE:CSG), a net lease industrial and office real estate investment trust, announced that the Company has been selected for inclusion in the FTSE NAREIT Composite Index, FTSE NAREIT All Equity REITs Index and FTSE NAREIT Equity REITs Index. Chambers Street's inclusion in these indexes is expected to be effective after market close on Friday, September 20, 2013.
About Chambers Street Properties (NYSE:CSG)
Chambers Street is a leading net lease industrial and office real estate investment trust that focuses on acquiring, owning and operating high-quality warehouse/distribution and office properties leased to creditworthy tenants.
As of June 30, 2013, Chambers Street's $3.3 billion portfolio (at cost) comprises 129 properties, encompassing 34.2 million rentable square feet.
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Certain statements contained in this press release constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same. You can identify forward-looking statements by the use of forward-looking terminology such as “believes,” “expects,” “may,” “will,” “would,” “could,” “should,” “seeks,” “approximately,” “intends,” “plans,” “projects,” “estimates” or “anticipates” or the negative of these words and phrases or similar words or phrases. The forward-looking statements are based on our beliefs, assumptions and expectations of our future performance, taking into account all information currently available to us. These beliefs, assumptions and expectations are subject to risks and uncertainties and can change as a result of many possible events or factors, not all of which are known to us. If a change occurs, our business, financial condition, liquidity and results of operations may vary materially from those expressed in our forward-looking statements. Statements regarding the following subjects may be impacted by a number of risks and uncertainties that relate to, among others, national, regional and local economic climates; changes in supply and demand for office and industrial properties; adverse changes in the real estate markets, including increasing vacancy, decreasing rental revenue and increasing insurance costs; our ability to maintain rental rates and maximize occupancy; our ability to identify and secure acquisitions; our ability to obtain future financing arrangements; unanticipated increases in financing and other costs, including a rise in interest rates; estimates relating to our future distributions; competitive market conditions; projected capital expenditures; availability of capital (debt and equity) and our ability to deploy the proceeds of such capital; material adverse actions or omissions by any of our joint venture partners; our ability to continue to qualify as a REIT for U.S. federal income tax purposes; and environmental, regulatory and/or safety requirements. The foregoing review of important factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included herein and elsewhere, including the risk factors included in the Company’s filings with the SEC. Except as required by law, the Company undertakes no obligation to update publicly or revise any forward looking statement, whether as a result of new information, future developments or otherwise.