trending Market Intelligence /marketintelligence/en/news-insights/trending/Uf_VZFLtwqDBAxjmHQKI8w2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Westcore lands $400M for US industrial property account

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform

Real Estate

Real Estate Solutions Overview


Westcore lands $400M for US industrial property account

Westcore Properties Inc. received $400 million of capital commitments from the Arizona State Retirement System for a new U.S. industrial real estate account, IPE Real Assets reported, citing the pension fund.

The pension fund told the news outlet that its separate account with Westcore will have a capitalization of $800 million and a 12.5% net internal rate of return target.

The real estate investment firm reportedly recently secured $550 million from an unnamed U.S. state pension fund and a national insurance company. It will be able to purchase U.S. industrial properties worth up to $1.25 billion from the two separate accounts.