NEW YORK— As of the close of trading on Tuesday, Oct. 9, Hospitality Properties Trust will be added to Standard & Poor’s Mid-Cap 400 Index, part of a wider view taken by S&P to consider including REITs in general in its U.S. indexes— including the S&P 500. According to a memorandum issued by NAREIT President/CEO Steven Wechsler, “Standard & Poor’s believes REITs have become operating companies, subject to the same economic and financial factors as other publicly traded U.S. companies listed on major American stock exchanges.”
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