Publications

Investors - JUNE 24, 2014

To read this full article you need to be subscribed to Newsline.

Sign in Start Your Free Trial Now View Purchase Options

Florida commits $250m more to noncore real estate

by Reg Clodfelter

The $178.2 billion Florida State Board of Administration has committed $150 million to Starwood Opportunity Fund X, managed by Starwood Capital Group, and $100 million to Europa Real Estate Fund IV, managed by London-based Europa Capital.

The board recently decided to commit up to $600 million to noncore real estate in 2014 after upping the target allocation to real estate from 7 percent to 10 percent in 2013. These commitments, combined with a $75 million commitment to European Property Investors Special Opportunities Fund III, managed by Tristan Capital Partners, and a $50 million commitment to Carlyle Realty Partners VII, managed by

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy