Public plans have shown renewed appetite for the asset class in the years following the recession. Corporate plans have been less enthusiastic about real estate, particularly as many plans move to liability-driven investment platforms.
Public plans push on with real estate; corporate plans are less enthused
Over the one-year period ended Sept. 30, the NCREIF Property index was up 9.22%, and 11.17% over the trailing five-year period on an annualized basis.
2016 observations were taken from Pensions & Investments' 2016 Top 1000 retirement plan survey; 79 public plans and 54 corporate plans responded with their real estate allocations.