MSCI : Announces European Property Investment Awards 2017 »

London - June 22, 2017 - MSCI Inc. (NYSE: MSCI), a leading provider of portfolio construction and risk management tools for global investors, is pleased to announce this year's winners of the 19th MSCI European Property Investment Awards. These annual awards recognize European property funds that out-performed in each of most European countries during the three years to December 2016.

Malcolm Hunt, Executive Director, MSCI said, "This is the 19th year of the awards, publicly recognizing the best three-year out-performing balanced and specialist funds in each country. These independent and objectively measured awards represent significant achievement for the winners; they have outperformed their peers over the periods analysed and we congratulate the winning teams."

Determined by MSCI's standardized performance measurement procedures, the awards recognize independently verified investment performance by pension and life funds, pooled funds, property investment companies and other professionally managed real estate portfolios across more than 500 eligible European portfolios.

To be eligible for the annual awards, all funds were measured by MSCI's Real Estate Portfolio Analysis Service, which provides investors with measurement of returns against a relevant market or sector benchmark.

In each country, the awards identify consistently measured real estate investment performance across two categories:

• Balanced: highest total return relative to the real estate All Property benchmark annualised over 3 years to December 2016
• Specialist: highest total return relative to the real estate sector benchmark annualised over 3 years to December 2016

Additionally, two additional awards are given to:

• The best performing pan-European balanced fund, based on the highest 3-year NAV-level performance

• The best European fund with the highest long-term risk-adjusted return

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For more than 40 years, MSCI's research-based indexes and analytics have helped the world's leading investors build and manage better portfolios. Clients rely on our offerings for deeper insights into the drivers of performance and risk in their portfolios, broad asset class coverage and innovative research.

Our line of products and services includes indexes, analytical models, data, real estate benchmarks and ESG research. MSCI serves 97 of the top 100 largest money managers, according to the most recent P&I ranking.

For more information, visit us at www.msci.com.

Maud Kerlan maud.kerlan@msci.com / +33 1 56 79 07 42

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