The California State Teachers’ Retirement (CalSTRS) system has committed more than $1.2 billion to real estate in the second half of 2024, according to the fund’s semi-annual activity report.
Nuveen Self Storage, a vehicle of Nuveen Real Estate, received $150 million. This fund utilizes a diversified strategy for self-storage properties.
Centersquare Essential Service Retail, a core fund focused on retail properties and managed by Centersquare, received $100 million. This fund invests in ecommerce-resistant, high-quality service retail properties.
Fairfield Residential Holdings II, an opportunistic fund investing in residential properties, is managed by Fairfield and received $150 million.
DivCore Fund VII, a fund managed by DivcoWest, is a value-added, closed-end fund that invests in diversified properties across the United States. It received $150
