News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Pensions

Town hall pension investors line up for residential property fund

Housebuilding has been an uncommon allocation for UK pensions, which more frequently focus on commercial real estate

Town hall pension investors line up for residential property fund

Five UK public pension funds have put £100m into residential housing, as interest in the sector from institutional investors heats up.

The pension funds for councils in Derbyshire, Nottinghamshire, Staffordshire, Teesside and the West Midlands are putting the cash with specialist property manager Hearthstone, acting as cornerstone investors for its latest residential property fund.

WSJ Logo