Border to Coast, the UK LGPS pool, is preparing to make its first commitment from its latest global value-add program. Portfolio manager Paul Campbell indicated that secondaries are high on the list of priorities for the fund. The fund is focused on value-add real estate investments globally, and the upcoming commitments are expected to be significant.
Campbell emphasized the importance of secondaries in the current market environment, noting that they provide opportunities for diversification and risk-adjusted returns. The pool is actively evaluating several potential investments and aims to deploy capital efficiently across different geographies and property types.
Source: Real Estate Investor · Summarized by HeadlinesBriefing