Sector Investment 24 Hours

Last updated: April 11, 2026, 5:30 AM ET

Real Estate & Pension Management Shifts

Activity in the real estate sector shows managers repositioning holdings even as institutional capital seeks new mandates; Ares Management is moving to privatize the retail-focused Whitestone REIT in a $1.7 billion transaction, marking the third such public-to-private deal by a major PERE 100 firm in the last year. Concurrently, public pension funds are issuing RFPs, such as the Taunton Retirement Board seeking managers for open-end core and core-plus real estate strategies, while others, like ASRS, remain positive about recycling capital within their existing real estate programs despite slightly lowered overall allocation targets. Adding to personnel movements in long-term asset stewardship, APG infrastructure head Jan-Willem Ruisbroek will depart on 1 July for a career break after nearly two decades managing assets for the €638 billion Dutch pension fund giant.