Pension Fund Backs the Open-Ended Invesco Core Real Estate Fund
May 1, 2025 - 19:48
San Mateo County has made a significant financial commitment by allocating $30 million to the Invesco Core Real Estate Fund. This strategic investment reflects the county's ongoing efforts to diversify its portfolio and secure stable returns through core U.S. real estate assets.
The Invesco Core Real Estate Fund is designed to provide investors with exposure to high-quality properties located in prime markets across the United States. By participating in this open-ended fund, San Mateo County aims to capitalize on the potential for long-term growth and income generation from a well-managed real estate portfolio.
Officials have expressed confidence that this investment will help bolster the county's pension fund, ensuring that it meets future obligations to retirees. The decision underscores the increasing trend among pension funds to seek out tangible assets that can withstand market volatility and provide reliable cash flow. As the real estate market continues to evolve, San Mateo County's commitment positions it strategically for future financial stability.
MORE NEWS
July 7, 2026 - 03:30
Vistria real estate head departs, sets up consultancyMargaret Anadu, a key figure who helped build the real estate arm of Vistria Group, has left the firm and started her own consultancy. Anadu, who co-founded Vistria`s real estate group, departed in...
July 6, 2026 - 12:15
SJP’s Sanofi at M Station West earns WELL platinum certificationSJP Properties has earned a major sustainability milestone for its M Station West building in downtown Morristown. The 12-story office tower, which serves as the headquarters for more than 2,000...
July 5, 2026 - 22:53
Inside America's Oldest Homes: A Glimpse at Properties From 1776As the nation celebrates its founding, a handful of historic homes still stand as living monuments to the year 1776. These properties, scattered across the original thirteen colonies, offer more...
July 5, 2026 - 08:22
SB 79 takes effect, Measure ULA to remain, and moreLos Angeles City Council has decided to shelve a ballot measure that would have repealed the so-called `mansion tax` on new apartment construction. The decision keeps Measure ULA in place for now,...