The release later this month of a sustainability index that measures the portfolios of real estate investment trusts is expected to reduce environmental and social risks for investors in "green" properties. FTSE Group, the National Association of Real Estate Investment Trusts and the U.S. Green Building Council are working together on the index to provide transparency about LEED certification and Energy Star ratings. The index is scheduled to be launched on March 21, said Chris Pyke, USGBC vice president of research.

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