Florida SBA approves nearly $200m in commitments

The US public pension has backed an opportunity and a secondaries fund.

In the second quarter of 2018, the Florida State Board of Administration committed $100 million to Landmark Real Estate VIII and €75 million to JP Morgan European Opportunistic Property Fund IV.

The $204 billion US public pension has a 10 percent target allocation to real estate that currently stands at 8.9 percent.

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