LPNEWS
Illinois SURS puts $150m into Prologis and Cabot Properties US industrial funds. : Illinois State Universities Retirement System (SURS) has sought to boost its exposure to industrial real estate by investing $150m (€135m) in funds managed by Prologis and Cabot Properties for the first time. The $19.4bn pension fund, which has a $1.7bn real estate portfolio, has committed $100m to Prologis Targeted US Logistics Fund and $50m to Cabot Industrial Value Fund VI. It is the first time that Illinois SURS has invested in industrial-only funds, both within its core and non-core real estate portfolios.

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