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1 articles summarized · Last updated: LATEST

Last updated: June 22, 2026, 5:30 PM ET

Real Estate

Public sector pension fund PSP reported a $1.5 billion loss in its real estate portfolio for fiscal 2026, registering a -7.3% return. The Canadian investor cited residential oversupply and domestic immigration policy shifts as primary drivers for the underperformance, signaling a broader strategic pivot toward infrastructure investments.