LPNEWS
Teacher Retirement approves $300m into the real estate capital net lease fund. : Oak Street Real Estate Capital intends to raise an initial $2.5bn (€2.2bn) for its net-lease real estate fund, according to sources that track fundraising. Teacher Retirement System of Texas said it has approved a $300m commitment to the open-ended Oak Street Real Estate Capital Net Lease Property Fund. The $150bn pension fund said the investment was made last month as part of its core real estate strategy. Oak Street specialises in the area and its strategy tends to involve acquiring single-tenant assets with long-term, inflation-linked leases.

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