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Real Estate

Texas Teachers Backs CBRE Global Investors' European Value-Add Fund

by posted 1year ago 606 views
<p>Teacher Retirement System of Texas&nbsp;is one of the first investors in CBRE Global Investors&rsquo; latest European value-added real estate fund.</p> <p>The $133bn (&euro;117bn) pension fund confirmed to IPE Real Estate that it committed &euro;89.7m to the CBRE Europe Value Partners 2 last month.</p> <p>Texas Teachers said the fund will invest offices, apartments, industrial and retail assets, and is likely to target France, the UK Belgium, Germany, Spain and Italy.</p>