Private- and public-pension plans led institutional investors in invested real estate assets as of August 31. Private-sector plans accounted for 19% of total invested assets, while public plans held 15%. Foundations and endowments held 14% and 10%, respectively.
Data provided by Preqin also showed that 87% of all public plans have a real estate allocation, with the majority of those assets in North American-based investments. The average strategic policy allocation was 10.2% among the plans surveyed.
Sweden's AMF Pensionsförsäkring was the highest private-sector plan by assets with $7.7 billion. The public-sector plans have decidedly more assets invested as the Dutch plan ABP and Canada Pension Plan have $41 billion and $27.6 billion invested, respectively. CalPERS and CalSTRS led U.S. plans, each with more than $26 billion invested.