PGGM

The $1 billion partnership will invest in real estate assets in the innovation and life science space.

The fund includes a top-up option of up to $320 mil which would bring the total commitment to $680 mil if exercised.

(Sept 13): Investors should dump Hong Kong real estate stocks if Donald Trump wins the US presidential election in November, according to a Dutch pension fund manager who oversees almost US$13.5 billion ($18.3 billion) of property equities globally.