CBRE and Mitsubishi UFJ Trust and Banking Corp. will discontinue the MUTB-CBRE real estate investment index(MU-CBex) that was jointly developed in 1998. The elimination of the index takes effect with the publication in May 2011 of data for 2010.
This action is being taken as a result of the emergence of difficulties in obtaining a number of data sets employed in adherence with internal standards in the production and updating of the index. These difficulties impede our thorough comparisons with past index data.
Data published in the past will continue to be made available through the end of December 2012.
We are very aware of the inconvenience this discontinuation poses for those that have made use of MU-CBex, and ask for your understanding as we implement this decision.
December 16, 2011
CBRE Research