US - The Oregon Public Employees' Retirement System (PERS) has acquired seven grocery retail outlets with co-investor Regency Centers & Partners for $76.6m (€102.8m).
The properties are in six different US states. In its report at the end of the fiscal year 2007, PERS stated it had targeted to increase its real estate holding from 8% to 11%. The $66bn fund als...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
