List Of Pension Funds That Invest In Real Estate
Real estate investment is one of the most profitable investments in the world, and pension funds are not left out of the picture. Pension funds are financial institutions that invest money on behalf of their members for retirement purposes. In this article, we will be discussing the list of pension funds that invest in real estate.
What Are Pension Funds?
Pension funds are financial institutions that invest money collected from their members for the purpose of retirement benefits. The funds are managed by fund managers who invest the money in various investment vehicles such as stocks, bonds, and real estate to generate returns for the members.
Why Do Pension Funds Invest In Real Estate?
Real estate investment is a lucrative investment that generates high returns over a long period. Pension funds invest in real estate to diversify their investment portfolio and to generate steady returns for their members. Real estate investment also provides a hedge against inflation and a stable source of income.
List Of Pension Funds That Invest In Real Estate
Below is a list of pension funds that invest in real estate:
1. California State Teachers’ Retirement System (CalSTRS)
CalSTRS is a pension fund for California state teachers. The fund has over $238.3 billion in assets under management, and it invests in various investment vehicles such as stocks, bonds, and real estate. CalSTRS invests in real estate through joint ventures and direct investments in commercial, industrial, and residential properties.
2. New York State Teachers' Retirement System (NYSTRS)
NYSTRS is a pension fund for New York state teachers. The fund has over $120 billion in assets under management, and it invests in various investment vehicles such as stocks, bonds, and real estate. NYSTRS invests in real estate through joint ventures and direct investments in commercial, industrial, and residential properties.
3. Ontario Teachers’ Pension Plan (OTPP)
OTPP is a pension fund for Ontario teachers. The fund has over $200 billion in assets under management, and it invests in various investment vehicles such as stocks, bonds, and real estate. OTPP invests in real estate through joint ventures and direct investments in commercial, industrial, and residential properties.
4. Teacher Retirement System of Texas (TRS)
TRS is a pension fund for Texas state teachers. The fund has over $160 billion in assets under management, and it invests in various investment vehicles such as stocks, bonds, and real estate. TRS invests in real estate through joint ventures and direct investments in commercial, industrial, and residential properties.
5. Healthcare of Ontario Pension Plan (HOOPP)
HOOPP is a pension fund for healthcare workers in Ontario. The fund has over $70 billion in assets under management, and it invests in various investment vehicles such as stocks, bonds, and real estate. HOOPP invests in real estate through joint ventures and direct investments in commercial, industrial, and residential properties.
6. Public Employees Retirement Association of New Mexico (PERA)
PERA is a pension fund for public employees in New Mexico. The fund has over $16 billion in assets under management, and it invests in various investment vehicles such as stocks, bonds, and real estate. PERA invests in real estate through joint ventures and direct investments in commercial, industrial, and residential properties.
Conclusion
Pension funds are important financial institutions that invest money for retirement benefits. Real estate investment is a lucrative investment that generates high returns over a long period, and pension funds invest in real estate to diversify their investment portfolio and to generate steady returns for their members. The above-listed pension funds are some of the largest pension funds that invest in real estate through joint ventures and direct investments in commercial, industrial, and residential properties.