POWERS UNITE: TIAA-CREF, AP1 and AP2 Pool European RE Portfolios
Posted on 08/27/2015
The Swedish buffer funds AP1 and AP2, along with TIAA-CREF have pooled their European real estate portfolios together to form a €4 billion joint venture called Cityhold Office Partnership. AP1 and AP2 are funding the new entity with six properties managed by Cityhold Property, a wholly-owned subsidiary of the two funds. TIAA-CREF is kicking in […]
