Virginia Retirement System invests $1.35b in REITs
Investors - APRIL 19, 2023

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

Sign in Sign up for a FREE subscription

Virginia Retirement System invests $1.35b in REITs

by Kali Persall

The $100.3 billion Virginia Retirement System has placed $1.35 billion in two REIT accounts on behalf of its real assets strategy.

According to a recent investment document, VRS committed $830 million to Monroe and ​​$520 million to Montalto, two internally managed U.S.-focused REIT accounts.

VRS has a 15.5 percent allocation to real assets, representing $15.6 billion of the total portfolio, as of Dec. 31, 2022.

Forgot your username or password?