Laura Sharman 10 October 2019

Launch of first pooled LGPS property fund

Local Pensions Partnership Investments Ltd (LPPI) has set up the Real Estate Fund with over £800m of direct UK property investment assets.

A further £460m of property assets are due to join the fund over the coming months, which is expected to grow to around £2bn over the next three years.

Chris Rule, CEO of LPP, said: ‘The LPPI Real Estate Fund represents another important milestone in LPPI’s three-year history. We now manage more than £17bn of pension assets on behalf of our clients and their members.

‘We are extremely proud of LPPI’s record in delivering a diverse range of high quality, low cost and distinctive investment propositions to meet clients’ asset allocation requirements.’

#Pensions #Investment

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Up to £131,210

The Public Health department is at the heart of the council’s business. Greenwich, London (Greater)

Recuriter: Royal Borough of Greenwich

Head of Regeneration and Growth

£68,387 - £74,411 (MFS and relocation available, pay award pending)

This is a unique opportunity to lead our award-winning development team and directly deliver hundreds of millions of pounds of projects. Plymouth, Devon

Recuriter: Plymouth City Council