canvas togler
Back to all news

Pension funds pull back on commercial real estate

The retirement funds are cooling on the sector and limiting new investments in the sector, the Wall Street Journal reported. The shift comes after they poured money into commercial real estate during the first half of the year, capitalizing on a market trying to recover from the wreckage of the pandemic.

Retirement funds made $32.6 billion in commitments to commercial properties in the first half of the year, according to Ferguson Partners, up 40 percent year-over-year. It’s too soon to put a number on what the second half will bring, but activity in the sector is highly influenced by interest rates, which have been subject to recent hikes in the Federal Reserve’s moves to tamp down inflation.

The Real Deal

Photo by Andreea Ch

Join Our Email List

By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact