Arkansas teachers pension to boost real estate investment in 2024

Arkansas Teacher Retirement System is planning to commit $400m to real estate in 2024.

Name: Arkansas Teacher Retirement System
Headquarters: Little Rock, US
AUM: $19.6 billion
Allocation to Real Estate: 7.8%

Arkansas Teacher Retirement System has revealed its real estate pacing plan for 2024.

ummThe pension fund plans to commit $400 million (8.4 percent allocation target) toward real estate in 2024, with $250 million (or 50-70 percent of the target allocation) for core real estate funds. The pension fund wants to reduce its allocation toward retail and office property types, and increase allocation for apartments and offices.

The remaining $150 million (less than 50 percent of the target allocation) will go toward non-core real estate funds, with the pension fund having a bite size of between $50 million to $100 million. They will commit to two funds only and focus on residential and industrial property types.

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