Switzerland’s Largest Pension Fund Trims Equities for Real Estate
Publica has cut some stocks to de-risk, and will also sell some of its bonds as part of a new strategy.
Publica has cut some stocks to de-risk, and will also sell some of its bonds as part of a new strategy.
Experience wanted, but not too much experience. The idea is to identify promising managers with room to grow.
The joint venture will be able to buy the underlying land in 10 years.
Higher mortgage costs and a supply shortage are problems, though demand is decent.
State retirement system targeting Dallas for real estate portfolio investments.
Fund shifts 5% allocation to large cap and fixed-income investments.
Shanghai, Chengdu developments to provide residential, commercial use.
Move is another step in HMC’s plan to work with more outside managers to boost returns.
Funds go toward private equity, real estate, and distressed debt investments.
The sector continues to attract foreign investors, led by the Canadians, as well as Asian buyers, Avison Young says.
North American property firms did better than the global average, cutting down their energy consumption by 2.5%.
Recent months show improvement as industry recovers.
Dry powder makes a steady jump to $246 billion.
Managers see increase in negotiating leverage as investors flock to asset class.
Survey finds only 20% of the UK believe employer pensions will make the most of their money.