Tuesday
20 February 2018
ADVERTS

Public Employees' Retirement fund invests in Blackstone

07 February 18 - RE+D Magazine
Public Employees' Retirement fund invests in Blackstone

COMPANIES

Savills

Consultant - GREECE

Solum Property Solutions

Consultant - GREECE

IBI Group

Consultant - GREECE

ETAD.A.E.

Public entity - GREECE

PEOPLE

Antulio Richetta

Director IBI Group
The California Public Employees’ Retirement System (CalPERS) has invested €608million in Blackstone’s European core-plus real estate fund.

 

According to realassets.ipe.com, the investment was revealed in a board meeting report for the pension fund’s investment committee meeting next week.

The company’s end-of-year figures, also showed that its European core-plus fund, Blackstone Property Partners Europe, had raised $2.4billion from investors.

Blackstone now has two core-plus funds in the market. Blackstone Property Partners in the US has a total investment value of $23.8billion.

RELATIVE ARTICLES

Comments

You must be logged in to make a comment
WAVE MEDIA OPERATIONS IKE © 2001-2017
Internet Business Hellas