Pension fund WSIB commits capital to new HK real estate investment manager

Pension fund WSIB commits capital to new HK real estate investment manager

Residential and commercial buildings are seen from Victoria Peak in Hong Kong, China, on Monday, Sept. 11, 2017. Photographer: Billy H.C. Kwok/Bloomberg Photo by Bloomberg

US pension fund Washington State Investment Board (WSIB) has proposed the creation of a Hong Kong-based real estate investment manager that would initially focus on real estate markets in Asia, according to the board meeting agenda of its private markets committee.

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