Pension Fund

Korean, Japanese investors diverge at PERE Japan Korea Week

One major takeaway from the week-long event was the differing real estate estate appetites between Korean and Japanese investors.

POBA’s Song sees a ‘golden opportunity’ to invest in real estate

The South Korean pension fund has kicked off its return to equity investing in the asset class with commitments to logistics strategies.

NPS’s Kim: ‘We won’t shy away from smaller ticket size opportunities’

The team plans to invest in small to mid-sized managers, co-found new platforms, and accept investments under $100 million.

Transamerica Pyramid, San Francisco: BVK balks amid tenant lawsuit

The building’s owners have completed $250m in upgrades since 2020, but a lawsuit claims the renovations are too little, too late.

ERS Texas to boost industrial, retail exposures

The pension fund plans on making up to seven fund commitments in fiscal year 2025.

Blackstone fund commitment marks pivot for CPP Investments

Canadian pension fund’s €500m commitment suggests shift in fund investment strategy.

Blackstone and Brookfield are no longer the default option

The ‘big two’ remain private real estate’s biggest fundraisers, but evidence points to other firms getting more investor attention these days.

USS buys £405m UK housing portfolio from Blackstone

The UK private pension fund has acquired 3,000 homes in the country’s largest-ever deal for shared ownership housing.

NPS reduces number of commitments to real estate funds

With only a 7.4% increase, the investor also recorded a slower climb in real estate commitment compared with prior years.

DOWNLOAD: Investor allocations in H1 2024 fell short of projections

However, the average allocation to private real estate across all institutions rose from 6.9% in H1 2022 to 8% in H1 2024.