Ohio Teachers Pension Fund Focusing on Real Estate
If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
The investment by major pension funds in domestic and international real estate is increasing. CALPERs made a big announcement earlier this month, now the State Teachers Retirement of Ohio is looking invest an additional 100 million in real estate plus purchasing 500 million more after a major property sale from it’s portfolio.
The large pension funds are a major source of financing for the hedge funds. With the stock market nearing the top of it’s trading range and worries in the financial derivative markets, the stability of commercial real estate looks to be a good long term investment for these pension funds.
Ohio State Teachers is expected to place at least $100m into international real estate through commingled funds, particularly as both corporations and the governments are still selling real estate in Europe along with strong growth in China and an economic recovery in Japan. Its international assets are currently split to allocate 60% in Europe and 40% in Asia through 14 different commingled funds and 10 real estate managers.
That said, there is $195m worth of outstanding commitments as five of the commingled funds are still investing capital and nine funds have made all of there investments and are now selling assets. Its remaining capital is invested directly in US real estate without the aid of external managers and is focused on buying retail and apartment properties in major metropolitan areas, as Ohio State Teachers believes this is necessary to achieve a critical mass of properties in the areas for efficient asset management and benefit from the increased liquidity in those markets. via IPE Real Estate News
My Representative is one of the infamous eight Republicans who voted to support this disgraceful legislation, Frank LoBiondo in South ...
When selling our homes, what takes place should be between the seller and the buyer. Not the government. ...
Yea I guess I would be mad or should I say disappointed if I missed the cut off date for ...
If you haven't read this bill I could easily see how one could support it. I mean the bill ...
Pain is gain. I really support this, and the change may be hard but it has to be done. ...
I can't tell you how many people I've talked to in the past week who are completely unaware that the ...
The liberal government policies have facilitated the expansion of the foreign involvement in the Real Estate Investment sector. 
We all know EPA has the most murders per 100k ever. 175 murders per 100k. 
I am confused...I closed on my house 1 April 2008, I did not get $7500 pay back or $8000 no ...
I am a person that has been qualified for a loan and really would love to see this enacted. ...
