Townsend has been appointed by Border to Coast Pensions Partnership to provide ongoing support on the implementation of a global value-add real estate fund series to provide enhanced returns above core real estate. The strategy will predominantly focus on value-add funds (including secondaries) alongside opportunistic funds. The overall strategy will focus on key markets across the U.S., Europe and the Asia-Pacific region and will consider both specialist and multi-strategy funds, with an expectation that the overall strategy will have greater emphasis on industrials, residential and alternatives. Once launched, it will seek to deliver the benefits of pooling through a centralised team at Border to Coast Pensions Partnership which can expand access to global real estate investment opportunities in a sustainable and cost-effective manner. This will be one of two global real estate propositions, the other being a lower risk, core strategy. Border to Coast Pensions Partnership is one of the U.K.’s largest local authority pension pooling schemes currently with eleven participating local authority partner funds.

Townsend has also been appointed by Border to Coast Pensions Partnership to provide ongoing support on the implementation of a global core real estate program. The overall strategy will focus on key markets across the U.S., Europe and the Asia-Pacific region and will consider both specialist and diversified funds, with an expectation that the overall strategy will have greater emphasis on industrials, residential and alternatives. Once launched, it will seek to deliver the benefits of pooling through a centralised team at Border to Coast Pensions Partnership which can expand access to global real estate investment opportunities in a sustainable and cost-effective manner. This will be one of two global real estate propositions, the other being a higher risk, value-add strategy. Border to Coast Pensions Partnership is one of the U.K.’s largest local authority pension pooling schemes currently with eleven participating local authority partner funds.