Like many pension experts, Peter Ballon, the Canada Pension Plan Investment Board’s global head of real estate, will have the early days of March 2020 seared into his memory for many years to come. As the coronavirus pandemic took hold, grinding domestic and international travel to a halt, he — like the rest of the […]
In the context of a multi-asset investment portfolio, real estate provides several advantages, including: (i) Competitive total and risk adjusted returns, (ii) High income yield, (iii) Diversification, (iv) Potential inflation hedge, and (v) Represents a meaningful share of the investable universe. When compared to other asset classes over the long-term, direct real estate provides attractive […]