Real estate allocations seemed to be on the upswing in February, with sovereign wealth fund GIC leading the way with a $15 billion partnership with Oak Street to invest in a net lease REIT.
Over 65 allocations totaling $24 billion-plus mark another month of brisk activity among institutional investors allocating to alternatives.
Real estate mandates totaled $17 billion overall, while real assets and infrastructure saw over $1.3 billion in allocations. Activity was logged by sovereign wealth fund and pension systems that are seeking alternatives to higher interest rates and inflation.
Continue Reading