Hermes joins with Singapore bank giant to launch US property fund

clock

Hermes has joined forces with Singapore banking giant United Overseas Bank to launch a US real estate income fund.

The asset manager, owned by the BT Pension Scheme, will provide up to £93m in capital through its Hermes Real Estate Investment Management arm one the largest real estate managers in the UK with £5...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Trustees urged to use powers for 'proper purpose'

Trustees urged to use powers for 'proper purpose'

Trustees must have knowledge of the powers they have as they consider endgame options

Holly Roach
clock 24 January 2025 • 4 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

L&G hits £30bn in AUM, AE thresholds maintained, HMRC overhauls pension withdrawal tax system

Professional Pensions
clock 24 January 2025 • 1 min read
UK Pensions Awards 2025: Last chance to enter!

UK Pensions Awards 2025: Last chance to enter!

This year’s awards will be held on 12 June at The Brewery in London

Professional Pensions
clock 24 January 2025 • 4 min read
Trustpilot