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Sign in Sign up for a FREE subscriptionOP&F’s real estate return exceeds benchmark
The $14.5 billion Ohio Police and Fire Pension Fund’s real estate portfolio has a net return of 15.4 percent for the year ending June 30, beating its benchmark, the NCREIF Open-End Diversified Core index, by 366 basis points. The pension fund’s real estate portfolio also performed quite well in the second quarter, with a net return of 3.6 percent, beating the ODCE by 91 basis points.
Over the past year, OP&F’s real estate commitments have included a $50 million commitment to Exeter Industrial Value Fund III, a value-added fund that targets large and multi-tenant logistics facilities in the United States, and a $50 million commitmen