Pension Fund

The firms have re-upped for Nuveen’s latest fund, with CPP’s head of APAC credit Raymond Chan citing ‘attractive opportunities’ in the Australian market.

Despite rising gilt yields and growing concerns over the UK’s fiscal outlook, real estate lenders continue to deploy.

Crestline Management recently closed its $625m European Capital Solutions Fund II, eyeing Spanish residential development.

The Canadian firm’s Prashant Raj and Derek Richter explain why Europe’s real estate private credit market is a match for pension fund capital.

The retirement association funded commitments to Hines-Rialto, Hudson Bay and TPG.

The investor backed the likes of Madison Realty Capital, Cheyne and PAG in its latest disclosure, with debt making up a significant share of its new fund commitments.

The $8.9bn pension aims to commit $15m-$30m to real estate credit in 2026.

The Charlotte-based manager has been making a broader push to expand its US and global real estate platforms via public pension funds and other investors.

The pension fund with $8bn in real estate holdings plans to continue selling office assets and limit its REIT exposure while prioritizing industrial and retail.