Pension Fund

How macroeconomics shook up the PERE GI 100

With almost half of this year’s ranking witnessing portfolio value declines, institutional investors reflect on a tumultuous period for private real estate.

UK pension fund Nest sees ‘attractive’ development proposition

The investor’s £150m commitment to a BTR joint venture marks ‘quite a departure’ for its real estate strategy, says CIO Elizabeth Fernando.

Real estate investors have a lot on their minds

PEI’s largest Investor Perspectives study to date reflects the increasingly complex concerns affecting today’s capital allocators.

The long, slow road to performance recovery

The industry is grappling with another round of ‘challenged vintages’ as the asset class marks seven consecutive quarters of negative results.

BGO completes largest European real estate fundraise to date

The Miami-based manager raised nearly 30% of Fund IV’s equity from co-investment capital, driven in part by platform investments.

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.