West Midlands Pension Fund, Wolverhampton, England, is searching for a manager to run a £600 million ($1 billion) real estate allocation, said a spokesman at the fund.
The £10 billion pension fund's contract with its current manager, CBRE Global Investors, expires in September. The spokesman said CBRE is invited to rebid.
The RFP is available on Wolverhampton's website. Proposals are due May 29. The new contract is expected to start in August and runs for 10 years, according to the RFP.