ACCESS hires CBRE IM to manage domestic and global property mandates
ACCESS Pool, which manages £35 billion (€40.4 billion) of UK local government pension scheme (LGPS) assets, has appointed CBRE Investment Management to manage domestic and global real estate mandates. ACCESS said it was the first step in launching a pooled real estate investment proposition for its 11 partner LGPS funds. The mandates include a domestic core real estate mandate, which is expected to be worth up to £1.25 billion, and a £550 million global mandate. Source: realassets.ipe.com on the 6th...