Connect with us

Sovereign Funds a Key Driver of Institutional Real Estate Demand

Published

on

More and more sovereign wealth funds and foreign pension investors are buying up core real estate. Core markets are being saturated with yield-hungry investors, thus lowering cap rates. Public pension funds are looking to regional cities again, targeting high-income producing properties. For example, the Alaska Permanent Fund, through LaSalle Investment Management, bought the Golden Square Shopping Centre in Warrington for £141 million. Investment shifts are not limited to regions, but transitions from core to value-add real estate strategies. In March 2014, the Florida State Board of Administration made the move to allocate up to US$ 600 million to non-core real estate strategies.

Sovereign Wealth Funds Seek Core Real Estate

According to data from the Sovereign Wealth Fund Transaction Database (SWFTD), in the past 24 months, ending the second quarter of 2014, sovereign wealth funds directly invested over US$ 37 billion into institutional real estate. The majority of that capital funneled into tier cities like London, New York, San Francisco and Sydney. For Europe, Asian capital whether from sovereign wealth funds, pensions or high-net worth are pushing asset prices higher in the region.

Sovereign Wealth Funds Seek Core Real Estate

[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Follow the Money – Episode 45

Published

on

This longer-than-normal episode covers a wide range of issues including such as sovereign wealth funds, bitcoin, cryptocurrencies, Indian real estate, ESG, investment exclusions, central banking and more.

EPISODE 45

Stream off Follow the Money

The views in this media are expressed by Michael Maduell and other participants and are not reflective of the Sovereign Wealth Fund Institute (SWFI).

Continue Reading

CalPERS Board Elects Priya Mathur as Board President

Published

on

The board of the California Public Employees’ Retirement System (CalPERS) elected Priya Mathur as board president. The current president Rob Feckner was named vice president of the board. Feckner previously served as board president and vice president.

Priya Mathur is serving her fourth term on the CalPERS Board of Administration. Mathur is a principal financial analyst for Bay Area Rapid Transit District (BART). Mathur represents public employees on the CalPERS Board, which she joined in 2002. She currently serves on four committees: Governance, Investment, Pension & Health Benefits, and Risk & Audit. She chairs the Pension & Health Benefits Committee and is vice chair of the Governance Committee.

Continue Reading

Oman SGRF Contemplates $1 Billion Infrastructure Fund

Published

on

Oman’s State General Reserve Fund (SGRF) is in discussions on forming a US$ 1 billion infrastructure fund. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Continue Reading

Popular

© 2008-2018 Sovereign Wealth Fund Institute. All Rights Reserved. Sovereign Wealth Fund Institute ® and SWFI® are registered trademarks of the Sovereign Wealth Fund Institute. Other third-party content, logos and trademarks are owned by their perspective entities and used for informational purposes only. No affiliation or endorsement, express or implied, is provided by their use. All material subject to strictly enforced copyright laws. Registration on or use of this site constitutes acceptance of our terms of use agreement which includes our privacy policy. Sovereign Wealth Fund Institute (SWFI) is a global organization designed to study sovereign wealth funds, pensions, endowments, superannuation funds, family offices, central banks and other long-term institutional investors in the areas of investing, asset allocation, risk, governance, economics, policy, trade and other relevant issues. SWFI facilitates sovereign fund, pension, endowment, superannuation fund and central bank events around the world. SWFI is a minority-owned organization.