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NEW YORK, Sept. 13, 2018 /PRNewswire/ -- Realogy Holdings Corp. (NYSE: RLGY) will replace Education Realty Trust, Inc. (NYSE: EDR) in the S&P MidCap 400 effective prior to the open of trading on Thursday, September 20. Greystar Real Estate Partners is acquiring Education Realty Trust in a deal expected to be completed on or about that date pending final approvals.
Realogy Holdings provides residential real estate services. Headquartered in Madison, NJ, the company will be added to the S&P MidCap 400 Global Industry Classification Standard (GICS) Real Estate Services Sub-Industry index.
Following is a summary of the change:
S&P MIDCAP 400 INDEX – SEPTEMBER 20, 2018 | |||
COMPANY | GICS ECONOMIC SECTOR | GICS SUB-INDUSTRY | |
ADDED | Realogy | Real Estate | Real Estate Services |
DELETED | Education Realty | Real Estate | Residential REITs |
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