New York State Teachers Retirement System (NYSTRS) has plans to continue exploring infrastructure opportunities in addition to its current real estate portfolio in 2025, according to the pension fund's Oct. 30 meeting materials.
NYSTRS is planning $1.2 billion of net pacing commitments to real estate equity next year. This is a $200 million increase from previous years’ pacing models. StepStone, NYSTRS’s consultant, recommends new commitments between $800 million and $1.1 billion annually for five years to maintain NYSTRS’s real estate equity goals.
NYSTRS was also advised to consider new research-focused potential acquisitions such as data centers and industrial outdoors storage.
