The $9.1 billion Chicago-based pension has issued an RFP for a non-core real estate manager to run up to $60 million.
2 min read · 09 September 2014
Of that amount, the $45.3 billion pension plan expects to commit $550 million to commingled funds as part of its new fiscal year 2015 tactical investment plan for the asset class.
2 min read · 27 August 2014
The Chicago-based real estate investment manager has been awarded its second billion-dollar property mandate in the past week, this time from the £12.6 billion Greater Manchester Pension Fund.
2 min read · 27 August 2014
The San Rafael, California-based pension plan will sell off the properties in its separate account with Woodmont Realty Services and reinvest much of the capital in core funds.
2 min read · 26 August 2014
The KRW442 trillion Korean state pension fund has agreed a further mandate of €300 million with the London-based real estate investment manager for a value-add, pan-Europe investment strategy, adding to a series of capital commitments that started seven years ago.
2 min read · 31 July 2014
The Shanghai-based firm is plotting to launch its first US-focused property fund by the beginning of next year for its Chinese investors.
2 min read · 21 July 2014
In its updated real estate investment policy, the $27.12 billion pension increased its target allocation to non-core investments from 5 percent to 20 percent of its private real estate portfolio.
2 min read · 10 July 2014
In a research document, the global brokerage firm says growing assets, loosening regulation and successful investments by pensions and sovereign funds are expected to influence the region’s $6.7tr insurance sector to markedly increase its allocation to property.
3 min read · 10 July 2014
Norway’s $860 billion sovereign wealth fund is planning to invest 1 percent of its portfolio in property annually for the next three years.
2 min read · 26 June 2014
The multi-manager arm of Los Angeles-based CBRE Global Investors and the London-based real estate venture capital firm have committed £250m to a UK development and ‘change of use’ joint venture partnership.
2 min read · 23 June 2014