The Oklahoma Teachers’ Retirement System (OTRS) expects to allocate an additional $283 million to its real estate portfolio at today’s investment committee meeting in order to reach its increased target for the asset class. The Oklahoma City-based pension plan will use the increase to make its first commitments to real estate debt and non-core strategies.
Oklahoma Teachers to boost real estate by $283m
The $12.8 billion pension system will use the additional equity for its first investments in non-core property and real estate debt.
