Heitman has received a $90 million allocation to its North American value-add real estate series from Border to Coast, one of the largest pension funds in the United Kingdom with £55 billion ($74 billion) under management. The commitment was made on behalf of Border to Coast’s Global Value-Added Real Estate Fund.
Heitman’s North American value-add strategy targets opportunities across a diversified mix of traditional and alternative real estate sectors, with a focus on non-traditional property types. These include self-storage, senior housing, student housing, and other specialty assets where there may be a compelling opportunity for value creation. Border to Coast’s commitment deepens Heitman’s relationship with the United Kingdom’s
Local Government Pension Scheme (LGPS) and underscores the growing appetite among U.K. public pensions for alternative real estate strategies.
“We are proud to welcome Border to Coast as a partner in our North American
