Whilst the new initiative for local government schemes to pool their assets and create ‘collective portfolios’ in different asset classes has much to commend it, it is likely to be a complex process for real estate assets. Over the course of 2016, Aviva Investors will be publishing a series of papers devoted to the topic.
May 2016 - This paper highlights the benefits of using real estate as a traditional return-seeking growth asset, as well as how it can be used to provide the reliable, steady income that pension schemes need. In this article, Senior Real Estate Director Anna Rule and Head of Real Estate Long Income Renos Booth discuss the varying roles that real estate can play as schemes look to manage their cash flows and/or structure their portfolios to manage their liabilities.
February 2016 - This paper discusses the characteristics of indirect real estate investing and why there are a number of likely benefits to the idea. But, as Global Indirect Real Estate Senior Fund Manager Alistair Dryer explains, local government schemes need to ensure that they do not ignore the fundamentals in the drive to reduce costs
For more information
Please contact our Business Development team.