News

La Caisse’s Horstmann: ‘We’re not shying away from the US’

The Quebec pension has committed $3.3bn to US real estate since the start of 2025 as it recycles its portfolio to aim for higher returns.

LACERA’s real estate head departs after two years

Terri Herubin was charged with overseeing a major restructuring of the California pension plan’s property portfolio.

NBIM outsources management of London and Paris office holdings

The move to partner with Stanhope comes as the sovereign wealth fund aims to boost returns by working with sector specialists.

Australia’s Rest eyes US property in private markets ramp-up

Private markets head Marina Pasika on why the superfund avoids ‘bucketing’ its portfolio by asset class and how its thematic view extends to unlisted real estate.

Ohio Teachers to focus on income-producing assets as it repositions portfolio

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.

NBIM doubles down on US retail with $500m commitment

The Norwegian wealth fund’s venture with Charlotte-based Asana Partners follows last month’s investment in US shopping center owner ECHO Realty.

GPIF names sole head of real estate

Only one of the pension giant’s property co-heads will now lead the business, ending a dual-leadership structure introduced in December 2024.

Lazard: Investors place premium on operational real estate

Institutional investors are increasingly focused on sectors that require active management, according to James Jacobs, head of real assets for Lazard’s private capital advisory group.

Aware Super makes debut commitment to student housing

The Australian super fund has pledged €426m to a venture that will also provide its first exposure to German real estate.

Centuria secures Japanese investor backing for single-asset Sydney office fund

The ASX-listed firm has raised approximately A$268m in equity to acquire a 50% stake in two properties in the city’s World Square precinct.