To read this full article you need to be subscribed to Newsline.
Sign in Sign up for a FREE subscriptionNYSTRS hires CBRE Global Investors
The $109.2 billion New York States Teachers’ Retirement System has hired CBRE Global Investors to manage a separate account for the acquisition and disposition of U.S. commercial real estate investments, according to a summary and meeting materials from the Aug. 2 board meeting.
The allocation size was not provided.
In addition, the pension fund approved a 1 percentage point reduction to real estate debt to 7 percent.
