News

NBIM’s $28bn real estate portfolio in four charts

PERE’s analysis reveals the largest allocations by sector, geography and partner for the world’s largest sovereign fund.

ADIC expands Korean logistics exposure with LaSalle

Third logistics deal for investor-manager partnership comes on the back of strong interest in South Korea from Middle Eastern investors.

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.

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.

GIC moves climate risk up the real estate priority list

Chief executive Lim Chow Kiat said climate impacts must now be one of the key factors to consider when assessing potential investments.

STRS Ohio eyes up to five real estate commitments

The pension plan is targeting ‘niche-type products’ from experienced managers with a ‘strong sourcing network.’

GPIF boosted its real estate AUM by 27% in fiscal year 2023

The pension fund committed $1bn to overseas direct real estate funds within six months last year.