A Hallmark of Transparency – Alaska Permanent Fund shows Real Estate Holdings
Posted on 04/03/2009
Investment transparency is a concern for many governments and sovereign wealth funds. The Sovereign Wealth Fund Institute has noticed that many sovereign wealth funds are beginning to take steps to increase their transparency in recent months. The Alaska Permanent Fund is leading the way in investment transparency. They are one of the first sovereign wealth funds that publicly list their real estate holdings.
Sample Real Estate Investment Profile
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120 East 87th Street: Retail
120 East 87th Street
New York, NY
Initial Investment Date: Feb 28, 1995
Percent Ownership: 100
Manager: L&B Realty Advisors, LLP
120 East 87th Street is a retail condominium comprised of portions of the first two floors and basement of a 14-story midrise residential condominium building. It has 78,024 square feet of leasable space and is located in an affluent area of New York.
source: Alaska Permanent Fund
read more: APFC – Real Estate Holdings