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Access here alternative investment news about Florida Sba Puts $200M Into Dws And Prologis Industrial Funds | News | Ipe Ra
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Florida Sba Puts $200M Into Dws And Prologis Industrial Funds | News | Ipe Ra

by realassets.ipe.com posted 2months ago 21 views
Puts $150m into RREEF Core Plus Industrial Fund and $50m into Targeted US Logistics. : Florida State Board of Administration (SBA) has made about $400m (€359m) worth of new real estate commitments, half of which it said is being put into industrial funds. The $203bn pension fund told IPE Real Assets that it has put $150m into the RREEF Core Plus Industrial Fund and $50m into the Targeted US Logistics Fund, managed by DWS and Prologis, respectively. The reason for this move is that industrial property is “showing strong fundamentals through the growth of the e-commerce business”, Florida SBA said.

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