News

Is the Maple 8’s real estate dominance on the wane?

The turnover of property chiefs at Canada’s largest pensions coincides with the investors’ declining allocations to the asset class.

Oxford names HOOPP’s Eric Plesman CEO as Daniel Fournier exits

Ontario pension OMERS’ real estate arm brings in Plesman, a former exec and now HOOPP’s real estate chief, to take over from exec chair Fournier.

Texas ERS names new head of real assets

Head of private real estate Amy Cureton takes over for longtime real assets lead Bob Sessa, who has retired after 25 years with the fund.

Aware Super CIO: Property team has ‘changed tune’ on deployment

The superannuation fund has shifted into active gear after not ‘investing as much in property in the last two to three years,’ says Damian Graham.

CalSTRS’ real estate consultants urge deployment into valuation-reset market

The California pension with nearly $370bn in assets is building allocations to industrial and multifamily and curtailing office exposure to match policy targets.

UK’s Border to Coast backs first US value-add fund

The LGPS pool has pledged $90m to a fund managed by Heitman as it continues to build out its global real estate portfolio.

The hidden driver behind the convergence of real assets

On-site power generation is pushing real estate and infrastructure teams together.

Florida SBA commits $1.57bn to real estate in Q2 

Including $625m to funds and $880m to JVs, it is the pension investor’s highest quarterly allocation to the asset class in at least 10 years.

ADIA to invest up to $1.5bn in GLP’s Greater China business

The Emirati wealth fund is taking an initial $500m stake in GLP months after the data center and logistics manager sold its international business to Ares.

Texas TRS forms $260m Swedish logistics venture

The public pension committed an initial $100m to launch the venture with Stockholm-based manager Brunswick Real Estate.