California State Teachers Retirement System鈥檚 (CalSTRS) $38bn (鈧�32bn) real estate portfolio recorded a 7.4% net return over the 12 months to 30 June 2021 compared with its benchmark鈥檚 1.59% return.
The $308.6bn pension fund said its real estate portfolio performance during the fiscal 2021 year-end outpaced the NCREIF ODCE Value Weighted Index during the same period.
Over a three year period, CalSTRS recorded a 7.3% net return for the real estate portfolio and an 8.1% and 9.6% return for the five and ten years respectively.
CalSTRS has a strategy of investing in all of the risk sectors in real estate of core, value-add and opportunistic via collaborative strategies and some commitments to funds.
CalSTRS currently ranks tenth on the 麻豆映画 Real Assets Top 100 real estate investors rankings.
To read the digital edition of the latest 麻豆映画 Real Assets magazine click here.
