Real estate

Which side of the Atlantic should schemes look for returns?

Natasha Browne explores the potential of responsible real estate investing for pension portfolios

Taha Lokhandwala analyses a report on the nature of real estate managers

UK pension funds are not as advanced in diversifying their allocations to real estate compared to their peers in Europe, North America and Australia, experts say.

Hermes Real Estate Investment Management has bought £100m of office space as part of a fifty-fifty joint venture with Canada Pension Plan Investment Board (CPPIB).

Two of M&G's funds have jointly purchased 18 car auction sites across the UK for a total of £240m.

The introduction of auto-enrolment (AE) has led to a significant increase in defined contribution (DC) schemes' allocations to real estate, according to a Pensions Institute (PI) report.

Investors fearing interest rate rises in the US and Europe are looking to alternatives such as direct real estate and private equity, research from AMP Capital shows.

The Pension Protection Fund (PPF) wants to recruit new real estate investment managers as it grows beyond its current £15bn in assets.

Investments in ground rents are "misguided" and risk locking pension schemes into low returns, warns consultant Cardano, amid on-going interest in using the asset class to match liabilities.