Pension Fund

NPS establishes strategic partnership with Almanac

The venture is expected to significantly expand the South Korean investor’s real estate platform business, which was launched last year.

Texas TRS earmarks nearly $700m to five managers

The pension’s December commitments included $400m to a co-investment vehicle with Blue Owl and $75m to a new manager relationship.

Korea’s NPS seeds UK single-family housing fund

The National Pension Service of Korea has made its UK single-family rental debut with a commitment to a vehicle managed by Long Harbour.

NBIM buys $1bn stake in US logistics portfolio from CPP

The Oslo-based manager picked up a 45% stake in a joint venture with Australian outfit Goodman, which will maintain its 55% ownership.

Australian regulator finds ‘weaknesses’ in superfund unlisted valuation processes

APRA said that superfund trustees ‘have work to do’ to improve their processes, with enforcement action possible for underperformers.

Australia’s IFM targets ‘blurring boundaries’ between real estate and infra

With its new merger, the Melbourne-based infrastructure firm hopes to grow and globalize property fund manager IFM’s unlisted platform.

SBCERA weighs 21% increase to annual real estate commitments

The pension fund could allocate $1.45bn to real estate funds over the coming decade.

PIMCO Prime, CDPQ detail differing strategies for core assets  

Speakers at NYU Schack’s capital markets conference disagree on whether to hold or dispose of core assets.

In private real estate, not everyone is sold on the UK

While the country has seen faster repricing than other markets, some see the UK as less attractive for investment for other reasons.

Real estate execs start to see more data around green premiums

Market pricing is starting to reflect capital spent on decarbonizing assets, according to speakers at the Women in Private Markets Summit in London this week.