Nebraska commits $100m to real estate
The $22 billion Nebraska Investment Council approved a total of $100 million in commitments to two real estate funds during its Nov. 21 meeting.
The first commitment is an allocation of $40 million to Landmark Real Estate Partners VIII, managed by Landmark Partners. The closed-end fund will focus its investments in global and U.S value-added properties. The investment council previously invested in the fund’s predecessors, with a $40 million commitment to Landmark VI in 2010 and a $50 million commitment to Landmark VII in 2014.
The second commitment is an additional $60 million to UBS Trumbull Property Income Fund. The core open-end fund, managed by UBS Asset Management, invests in office, retail, hotel, industrial and multifamily properties in the United States. The fund also received commitments from the $2 billion