By investment mandate

Pension Funds Investing in Real Estate

380 pension funds in PipelineRoad's directory allocate to real estate. The largest is Government Pension Investment Fund (GPIF) at $1.50T. Each profile links to its full asset-class mix and headquarters.

380Investors
$19.6TCombined reported AUM
$25BMedian reported AUM
$1.50TLargest (Government Pension Investment Fund (GPIF))

331 of 380 report assets under management. Figures below reflect each investor's latest disclosure.

AUM figures reflect each investor's latest reported disclosure (2022 to 2025), shown per row. Updated as the directory is corrected and expanded.

G Government Pension Investment Fund (GPIF) Pension Fund Tokyo, Japan $1.50Tas of 2024-12-31 N National Pension Service Pension Fund Jeonju, South Korea $880Bas of 2024-12-31 C CPP Investments Pension Fund Toronto, Canada $575Bas of 2024-12-31 A ABP (Stichting Pensioenfonds ABP) Pension Fund Heerlen, Netherlands $530Bas of 2024-12-31 C CalPERS Pension Fund Sacramento, California $502Bas of 2024-06-30 C CDPQ Pension Fund Montreal, Canada $425Bas of 2024-12-31 C CalSTRS Pension Fund West Sacramento, California $340Bas of 2024-06-30 A AustralianSuper Pension Fund Melbourne, Australia $310Bas of 2024-06-30 P PGGM Pension Fund Zeist, Netherlands $300Bas of 2024-06-30 N New York State Common Retirement Fund Pension Fund Albany, New York $298Bas of 2025-12-31 P PFZW (Pensioenfonds Zorg en Welzijn) Pension Fund Zeist, Netherlands $280Bas of 2024-12-31 A Australian Retirement Trust Pension Fund Brisbane, Australia $260Bas of 2024-12-31 F Florida State Board of Administration Pension Fund Tallahassee, Florida $260Bas of 2024-06-30 C Caisse des Depots et Consignations (CDC) Pension Fund Paris, France $250Bas of 2024-12-31 E EPF Malaysia Pension Fund Kuala Lumpur, Malaysia $250Bas of 2024-12-31 O Ontario Teachers' Pension Plan (OTPP) Pension Fund Toronto, Canada $250Bas of 2024-12-31 P PSP Investments Pension Fund Montreal, Canada $245Bas of 2024-12-31 F Florida Retirement System Pension Fund Tallahassee, Florida $205Bas of 2024-06-30 A AP Funds (AP1-AP4) Pension Fund Stockholm, Sweden $200Bas of 2024-12-31 G GOSI (General Organization for Social Insurance) Pension Fund Riyadh, Saudi Arabia $200Bas of 2024-12-31 T Teacher Retirement System of Texas Pension Fund Austin, Texas $185Bas of 2023-12-31 B Bureau of Labor Funds (BLF Taiwan) Pension Fund Taipei, Taiwan $180Bas of 2024-12-31 W Washington State Investment Board (WSIB) Pension Fund Olympia, Washington $180Bas of 2024-06-30 A Aware Super Pension Fund Sydney, Australia $160Bas of 2024-12-31 A ATP Pension Fund Hillerod, Denmark $150Bas of 2023-12-31 P Public Investment Corporation (PIC South Africa) Pension Fund Pretoria, South Africa $150Bas of 2024-12-31 N New York State Teachers' Retirement System Pension Fund Albany, New York $145Bas of 2024-06-30 M Mandatory Provident Fund Schemes Authority (MPFA) Pension Fund Hong Kong, Hong Kong $140Bas of 2024-12-31 W Wisconsin Department of Employee Trust Funds Pension Fund Madison, Wisconsin $131Bas of 2023-06-30 G GEPF (Government Employees Pension Fund) Pension Fund Pretoria, South Africa $130Bas of 2024-12-31 M Minnesota State Board of Investment Pension Fund St. Paul, Minnesota $130Bas of 2024-06-30 O OMERS Pension Fund Toronto, Canada $130Bas of 2024-12-31 P PIFSS (Public Institution for Social Security) Pension Fund Kuwait City, Kuwait $130Bas of 2024-12-31 W Wisconsin Retirement System Pension Fund Madison, Wisconsin $130Bas of 2024-12-31 A Alecta Pension Fund Stockholm, Sweden $120Bas of 2024-12-31 P Pension Fund Association (PFA Japan) Pension Fund Tokyo, Japan $120Bas of 2024-12-31 N New York City Teachers' Retirement System Pension Fund New York, New York $117Bas of 2023-06-30 H HOOPP (Healthcare of Ontario Pension Plan) Pension Fund Toronto, Canada $115Bas of 2024-12-31 N North Carolina Retirement Systems Pension Fund Raleigh, North Carolina $115Bas of 2023-06-30 M Michigan Office of Retirement Services Pension Fund Lansing, Michigan $114Bas of 2022-12-31 B Bayerische Versorgungskammer (BVK) Pension Fund Munich, Germany $110Bas of 2024-12-31 G Government Employees Pension Service (GEPS) Pension Fund Seoul, South Korea $100Bas of 2024-06-30 H Hostplus Pension Fund Melbourne, Australia $100Bas of 2024-12-31 K KLP (Kommunal Landspensjonskasse) Pension Fund Oslo, Norway $100Bas of 2024-12-31 M Massachusetts Pension Reserves Investment Management Board Pension Fund Boston, Massachusetts $100Bas of 2024-06-30 N New Jersey Division of Investment Pension Fund Trenton, New Jersey $100Bas of 2024-06-30 O Ohio Public Employees Retirement System Pension Fund Columbus, Ohio $100Bas of 2024-06-30 O Oregon State Treasury Pension Fund Salem, Oregon $100Bas of 2024-06-30 P PFA Pension Pension Fund Copenhagen, Denmark $100Bas of 2024-12-31 S Storebrand Pension Fund Oslo, Norway $100Bas of 2024-12-31 M Michigan Retirement Systems (SMRS) Pension Fund Lansing, Michigan $96Bas of 2024-09-30 M Michigan State Employees' Retirement System Pension Fund Lansing, Michigan $95Bas of 2024-06-30 T Teachers Retirement System of Georgia Pension Fund Atlanta, Georgia $95Bas of 2024-06-30 U Universities Superannuation Scheme (USS) Pension Fund Liverpool, United Kingdom $95Bas of 2024-12-31 A AMF Pension Pension Fund Stockholm, Sweden $90Bas of 2024-12-31 A AP7 (Sjunde AP-fonden) Pension Fund Stockholm, Sweden $90Bas of 2024-12-31 B bpfBOUW (Stichting Bedrijfstakpensioenfonds voor de Bouwnijverheid) Pension Fund Amsterdam, Netherlands $90Bas of 2024-12-31 M Michigan Bureau of Investments Pension Fund Lansing, Michigan $90Bas of 2024-06-30 O Oregon Public Employees Retirement System Pension Fund Tigard, Oregon $90Bas of 2024-06-30 P PMT (Pensioenfonds Metaal en Techniek) Pension Fund The Hague, Netherlands $90Bas of 2024-12-31 S State Teachers Retirement System of Ohio Pension Fund Columbus, Ohio $89Bas of 2023-06-30 U UniSuper Pension Fund Melbourne, Australia $85Bas of 2024-12-31 N North Carolina Teachers' and State Employees' Retirement System Pension Fund Raleigh, North Carolina $82Bas of 2024-06-30 A Agirc-Arrco Pension Fund Paris, France $80Bas of 2024-12-31 C Cbus Pension Fund Melbourne, Australia $80Bas of 2024-12-31 P PREVI Pension Fund Rio de Janeiro, Brazil $80Bas of 2024-12-31 I Illinois Teachers' Retirement System Pension Fund Springfield, Illinois $76Bas of 2023-06-30 N New York City Employees' Retirement System Pension Fund New York, New York $76Bas of 2023-06-30 P Pennsylvania Public School Employees' Retirement System Pension Fund Harrisburg, Pennsylvania $75Bas of 2023-06-30 R Rest Super Pension Fund Sydney, Australia $75Bas of 2024-12-31 H HESTA Pension Fund Melbourne, Australia $70Bas of 2024-12-31 K Keva Pension Fund Helsinki, Finland $70Bas of 2024-12-31 G General Motors Pension Plan Pension Fund Detroit, Michigan $65Bas of 2024-12-31 I Ilmarinen Pension Fund Helsinki, Finland $65Bas of 2024-12-31 T Tennessee Consolidated Retirement System Pension Fund Nashville, Tennessee $65Bas of 2024-06-30 C Colorado Public Employees' Retirement Association Pension Fund Denver, Colorado $65Bas of 2023-06-30 A AFORE XXI Banorte Pension Fund Mexico City, Mexico $60Bas of 2024-12-31 B Border to Coast Pensions Partnership Pension Fund Leeds, United Kingdom $60Bas of 2024-12-31 C Colorado PERA Pension Fund Denver, Colorado $60Bas of 2024-06-30 N Northern LGPS Pension Fund Manchester, United Kingdom $60Bas of 2024-12-31 P PKA Pension Fund Copenhagen, Denmark $60Bas of 2024-12-31 S Social Security Office (SSO Thailand) Pension Fund Bangkok, Thailand $60Bas of 2024-12-31 V Varma Pension Fund Helsinki, Finland $60Bas of 2024-12-31 V VidaCaixa Pension Fund Barcelona, Spain $60Bas of 2024-12-31 D Danica Pension Pension Fund Copenhagen, Denmark $57Bas of 2023-12-31 A AFP Habitat Pension Fund Santiago, Chile $55Bas of 2024-12-31 B BT Pension Scheme (BTPS) Pension Fund London, United Kingdom $55Bas of 2024-12-31 F Fjarde AP-fonden (AP4) Pension Fund Stockholm, Sweden $55Bas of 2024-12-31 F Florida Teachers' Retirement System Pension Fund Tallahassee, Florida $55Bas of 2024-06-30 I Illinois Municipal Retirement Fund Pension Fund Oak Brook, Illinois $55Bas of 2024-06-30 L LGPS Central Pension Fund Wolverhampton, United Kingdom $55Bas of 2024-12-31 M Michigan Public School Employees' Retirement System Pension Fund Lansing, Michigan $55Bas of 2024-06-30 P PME (Pensioenfonds van de Metalektro) Pension Fund The Hague, Netherlands $55Bas of 2024-12-31 P Public Employees' Retirement System of Nevada Pension Fund Carson City, Nevada $55Bas of 2024-06-30 P Public School and Education Employee Retirement Systems of Missouri Pension Fund Jefferson City, Missouri $55Bas of 2024-06-30 T Tredje AP-fonden (AP3) Pension Fund Stockholm, Sweden $52Bas of 2024-12-31 M Maryland State Retirement and Pension System Pension Fund Annapolis, Maryland $51Bas of 2022-06-30 A Arizona State Retirement System Pension Fund Phoenix, Arizona $50Bas of 2024-06-30 F Forsta AP-fonden (AP1) Pension Fund Stockholm, Sweden $50Bas of 2024-12-31 I IBM Pension Plan Pension Fund Armonk, New York $50Bas of 2024-12-31 M Maryland State Teachers' Retirement System Pension Fund Annapolis, Maryland $50Bas of 2024-06-30 N New York City Police Pension Fund Pension Fund New York, New York $50Bas of 2024-06-30 P Pension Insurance Corporation (PIC) Pension Fund London, United Kingdom $50Bas of 2024-12-31 T Teachers' Pension and Annuity Fund of New Jersey Pension Fund Trenton, New Jersey $50Bas of 2024-06-30 T Tennessee State Employees' Retirement System Pension Fund Nashville, Tennessee $50Bas of 2024-06-30 V Versorgungsanstalt des Bundes und der Lander (VBL) Pension Fund Karlsruhe, Germany $50Bas of 2024-12-31 W Washington State Public Employees' Retirement System Pension Fund Olympia, Washington $50Bas of 2024-06-30 A Andra AP-fonden (AP2) Pension Fund Gothenburg, Sweden $48Bas of 2024-12-31 A AFP Provida Pension Fund Santiago, Chile $45Bas of 2024-12-31 A AT&T Pension Benefit Plan Pension Fund Dallas, Texas $45Bas of 2024-12-31 C Connecticut Retirement Plans and Trust Funds Pension Fund Hartford, Connecticut $45Bas of 2024-06-30 F Ford Motor Company Pension Plan Pension Fund Dearborn, Michigan $45Bas of 2024-12-31 I Indiana Public Retirement System Pension Fund Indianapolis, Indiana $45Bas of 2024-06-30 P PensionDanmark Pension Fund Copenhagen, Denmark $45Bas of 2024-12-31 P PUBLICA Pension Fund Bern, Switzerland $45Bas of 2024-12-31 U Utah Retirement Systems Pension Fund Salt Lake City, Utah $45Bas of 2024-06-30 I Iowa Public Employees' Retirement System Pension Fund Des Moines, Iowa $42Bas of 2024-06-30 B Brunel Pension Partnership Pension Fund Bristol, United Kingdom $40Bas of 2024-12-31 B BVK Personalvorsorge des Kantons Zurich Pension Fund Zurich, Switzerland $40Bas of 2024-12-31 C compenswiss (AHV/AVS Fund) Pension Fund Geneva, Switzerland $40Bas of 2024-12-31 E ERAFP (Etablissement de Retraite Additionnelle de la Fonction Publique) Pension Fund Paris, France $40Bas of 2024-12-31 N New York State Police and Fire Retirement System Pension Fund Albany, New York $40Bas of 2024-06-30 P Pension Protection Fund (PPF) Pension Fund Croydon, United Kingdom $40Bas of 2024-12-31 R Railpen Pension Fund London, United Kingdom $40Bas of 2024-12-31 R RTX Corporation Pension Plan Pension Fund Arlington, Virginia $40Bas of 2024-12-31 S Sampension Pension Fund Copenhagen, Denmark $40Bas of 2024-12-31 S South Carolina Retirement System Investment Commission Pension Fund Columbia, South Carolina $40Bas of 2024-06-30 T Teachers' Pension Plan (British Columbia) Pension Fund Victoria, Canada $40Bas of 2024-12-31 T Texas County and District Retirement System Pension Fund Austin, Texas $40Bas of 2024-12-31 T Texas Municipal Retirement System Pension Fund Austin, Texas $40Bas of 2024-06-30 R Retirement Systems of Alabama Pension Fund Montgomery, Alabama $39Bas of 2023-06-30 P Pennsylvania State Employees' Retirement System Pension Fund Harrisburg, Pennsylvania $38Bas of 2024-06-30 A AFORE SURA Mexico Pension Fund Mexico City, Mexico $35Bas of 2024-12-31 A AFP Cuprum Pension Fund Santiago, Chile $35Bas of 2024-12-31 E Employees Retirement System of Texas Pension Fund Austin, Texas $35Bas of 2024-08-31 F Folketrygdfondet Pension Fund Oslo, Norway $35Bas of 2024-12-31 F Fonds de Reserve pour les Retraites (FRR) Pension Fund Paris, France $35Bas of 2024-12-31 G Greater Manchester Pension Fund (GMPF) Pension Fund Tameside, United Kingdom $35Bas of 2024-12-31 L Lockheed Martin Corporation Pension Plan Pension Fund Bethesda, Maryland $35Bas of 2024-12-31 N National Pension System (NPS India) Pension Fund New Delhi, India $35Bas of 2024-12-31 N North Carolina Local Governmental Employees' Retirement System Pension Fund Raleigh, North Carolina $35Bas of 2024-06-30 S San Francisco Employees' Retirement System Pension Fund San Francisco, California $35Bas of 2024-06-30 U UPS Pension Plan Pension Fund Atlanta, Georgia $35Bas of 2024-12-31 P Police and Firemen's Retirement System of New Jersey Pension Fund Trenton, New Jersey $33Bas of 2024-06-30 A AFP Capital Pension Fund Santiago, Chile $30Bas of 2024-12-31 B Brighter Super Pension Fund Brisbane, Australia $30Bas of 2024-12-31 C CDP Equity (Cassa Depositi e Prestiti) Pension Fund Rome, Italy $30Bas of 2024-12-31 E Elo Mutual Pension Insurance Company Pension Fund Helsinki, Finland $30Bas of 2024-12-31 I Industriens Pension Pension Fund Copenhagen, Denmark $30Bas of 2024-12-31 K KWAP (Kumpulan Wang Persaraan - Retirement Fund Inc.) Pension Fund Kuala Lumpur, Malaysia $30Bas of 2024-12-31 M Massachusetts Teachers' Retirement System Pension Fund Boston, Massachusetts $30Bas of 2024-06-30 N Nebraska Investment Council Pension Fund Lincoln, Nebraska $30Bas of 2024-06-30 P Public Employees Retirement Association of Minnesota Pension Fund Saint Paul, Minnesota $30Bas of 2024-06-30 S Spirit Super Pension Fund Hobart, Australia $30Bas of 2024-12-31 S Strathclyde Pension Fund Pension Fund Glasgow, United Kingdom $30Bas of 2024-12-31 U Utah State Retirement and Insurance Benefit Fund Pension Fund Salt Lake City, Utah $30Bas of 2023-06-30 W Walmart Inc. Retirement Plans Pension Fund Bentonville, Arkansas $30Bas of 2024-12-31 P Public Employees' Retirement System of Mississippi Pension Fund Jackson, Mississippi $30Bas of 2023-06-30 C Colorado School Division Trust Fund Pension Fund Denver, Colorado $28Bas of 2024-06-30 T Teachers' Retirement System of Louisiana Pension Fund Baton Rouge, Louisiana $28Bas of 2023-06-30 W Washington State Teachers' Retirement System Pension Fund Olympia, Washington $28Bas of 2023-06-30 K Kansas Public Employees Retirement System Pension Fund Topeka, Kansas $26Bas of 2024-06-30 F FUNCEF Pension Fund Brasilia, Brazil $25Bas of 2024-12-31 H Honeywell Pension Plan Pension Fund Charlotte, North Carolina $25Bas of 2024-12-31 L Local Pensions Partnership Investments (LPPI) Pension Fund London, United Kingdom $25Bas of 2024-12-31 O OPTrust Pension Fund Toronto, Canada $25Bas of 2024-12-31 T Teachers Retirement Association of Minnesota Pension Fund Saint Paul, Minnesota $25Bas of 2024-06-30 V Verizon Pension Plan Pension Fund New York, New York $25Bas of 2024-12-31 W West Midlands Pension Fund Pension Fund Wolverhampton, United Kingdom $25Bas of 2024-12-31 I Illinois State Retirement System Pension Fund Springfield, Illinois $25Bas of 2023-06-30 S State Universities Retirement System of Illinois Pension Fund Champaign, Illinois $24Bas of 2023-12-31 D Delta Air Lines, Inc. Pension Plan Pension Fund Atlanta, Georgia $23Bas of 2023-12-31 P Public Employee Retirement System of Idaho Pension Fund Boise, Idaho $23Bas of 2023-06-30 A Arkansas Teacher Retirement System Pension Fund Little Rock, Arkansas $22Bas of 2024-06-30 H Hawaii Employees' Retirement System Pension Fund Honolulu, Hawaii $22Bas of 2024-06-30 K Kentucky Retirement Systems Pension Fund Frankfort, Kentucky $22Bas of 2024-06-30 M Montana Board of Investments Pension Fund Helena, Montana $22Bas of 2024-06-30 N Northrop Grumman Pension Plan Pension Fund Falls Church, Virginia $22Bas of 2024-12-31 W West Virginia Investment Management Board Pension Fund Charleston, West Virginia $22Bas of 2024-06-30 G General Board of Pension and Health Benefits of The United Methodist Church Pension Fund Evanston, Illinois $22Bas of 2022-12-31 K Kentucky Teachers' Retirement System Pension Fund Frankfort, Kentucky $22Bas of 2023-06-30 A Alberta Teachers' Retirement Fund (ATRF) Pension Fund Edmonton, Canada $20Bas of 2024-12-31 B Bank of America Pension Plan Pension Fund Charlotte, North Carolina $20Bas of 2024-12-31 B BBVA Pensiones Pension Fund Bilbao, Spain $20Bas of 2024-12-31 C Chevron Pension Plan Pension Fund San Ramon, California $20Bas of 2024-12-31 C Colpensiones Pension Fund Bogota, Colombia $20Bas of 2024-12-31 I Illinois State Board of Investment Pension Fund Springfield, Illinois $20Bas of 2023-12-31 I Intel Corporation Retirement Plans Pension Fund Santa Clara, California $20Bas of 2024-12-31 O Oklahoma Teachers Retirement System Pension Fund Oklahoma City, Oklahoma $20Bas of 2024-06-30 P Pensionskasse der Credit Suisse Group (now UBS Pension Fund) Pension Fund Zurich, Switzerland $20Bas of 2024-12-31 P Petros (Fundacao Petrobras de Seguridade Social) Pension Fund Rio de Janeiro, Brazil $20Bas of 2024-12-31 W West Yorkshire Pension Fund Pension Fund Bradford, United Kingdom $20Bas of 2024-12-31 M Maine Public Employees Retirement System Pension Fund Augusta, Maine $19Bas of 2024-06-30 A AFP Integra Pension Fund Lima, Peru $18Bas of 2024-12-31 C CAAT Pension Plan Pension Fund Toronto, Canada $18Bas of 2024-12-31 J Johnson & Johnson Pension Plan Pension Fund New Brunswick, New Jersey $18Bas of 2024-12-31 M Merck & Co. Pension Plans Pension Fund Rahway, New Jersey $18Bas of 2024-12-31 N New York City Fire Department Pension Fund Pension Fund New York, New York $18Bas of 2024-06-30 S School Employees Retirement System of Ohio Pension Fund Columbus, Ohio $18Bas of 2024-06-30 S South Dakota Investment Council Pension Fund Pierre, South Dakota $18Bas of 2024-06-30 S Southern Company Pension Plans Pension Fund Atlanta, Georgia $18Bas of 2024-12-31 C Caterpillar Inc. Pension Plan Pension Fund Irving, Texas $17Bas of 2024-12-31 O Ohio Police & Fire Pension Fund Pension Fund Columbus, Ohio $17Bas of 2024-06-30 A Arizona Public Safety Personnel Retirement System Pension Fund Phoenix, Arizona $16Bas of 2024-06-30 G General Dynamics Pension Plans Pension Fund Reston, Virginia $16Bas of 2024-12-31 S San Diego County Employees Retirement Association Pension Fund San Diego, California $16Bas of 2024-06-30 P Public Employees Retirement Association of New Mexico Pension Fund Santa Fe, New Mexico $15Bas of 2023-06-30 A Active Super (formerly Local Government Super) Pension Fund Sydney, Australia $15Bas of 2024-12-31 E EAPF (Eskom Pension and Provident Fund) Pension Fund Johannesburg, South Africa $15Bas of 2024-12-31 F FedEx Corporation Pension Plan Pension Fund Memphis, Tennessee $15Bas of 2024-12-31 I IRCANTEC Pension Fund Paris, France $15Bas of 2024-12-31 K KiwiSaver (ANZ Investments) Pension Fund Auckland, New Zealand $15Bas of 2024-12-31 K Korea Teachers' Pension (KTP) Pension Fund Daejeon, South Korea $15Bas of 2024-12-31 K KPA Pension Pension Fund Stockholm, Sweden $15Bas of 2024-12-31 M Maine State Retirement System Pension Fund Augusta, Maine $15Bas of 2024-06-30 N Nevada State Teachers' Retirement System Pension Fund Carson City, Nevada $15Bas of 2024-06-30 N New Mexico Educational Retirement Board Pension Fund Santa Fe, New Mexico $15Bas of 2024-06-30 O Oyak (Turkish Armed Forces Pension Fund) Pension Fund Ankara, Turkey $15Bas of 2024-12-31 P Pensioenfonds Horeca & Catering Pension Fund Zoetermeer, Netherlands $15Bas of 2024-12-31 P Pension Fund Custodians Association of Nigeria (PenCom Regulated Funds) Pension Fund Abuja, Nigeria $15Bas of 2024-12-31 S Siemens Pension Fund (Siemens Pensionsfonds) Pension Fund Munich, Germany $15Bas of 2024-12-31 W Washington State Law Enforcement Officers' and Fire Fighters' Retirement System Pension Fund Olympia, Washington $15Bas of 2024-06-30 S South Dakota Retirement System Pension Fund Pierre, South Dakota $15Bas of 2023-06-30 I International Association of Machinists and Aerospace Workers Pension Plan Pension Fund Upper Marlboro, Maryland $15Bas of 2024-06-30 N Nebraska Public Employees Retirement Systems Pension Fund Lincoln, Nebraska $15Bas of 2022-12-31 C The Coca-Cola Company Pension Plan Pension Fund Atlanta, Georgia $15Bas of 2023-12-31 M Municipal Employees' Retirement System of Michigan Pension Fund Lansing, Michigan $14Bas of 2024-06-30 P PepsiCo Pension Plans Pension Fund Purchase, New York $14Bas of 2024-12-31 S San Bernardino County Employees' Retirement Association Pension Fund San Bernardino, California $14Bas of 2024-06-30 C Cassa Nazionale di Previdenza e Assistenza per gli Ingegneri e Architetti (Inarcassa) Pension Fund Rome, Italy $13Bas of 2024-12-31 J John Deere Pension Plan Pension Fund Moline, Illinois $13Bas of 2024-12-31 W West Virginia Teachers' Retirement System Pension Fund Charleston, West Virginia $12Bas of 2022-12-31 A AFP Modelo Chile Pension Fund Santiago, Chile $12Bas of 2024-12-31 C Cassa Nazionale di Previdenza dei Dottori Commercialisti (CNPADC) Pension Fund Rome, Italy $12Bas of 2024-12-31 C Chicago Teachers' Pension Fund Pension Fund Chicago, Illinois $12Bas of 2024-06-30 C Contra Costa County Employees' Retirement Association Pension Fund Concord, California $12Bas of 2024-06-30 D Delaware State Employees' Pension Plan Pension Fund Dover, Delaware $12Bas of 2024-06-30 D Dow Inc. Pension Plan Pension Fund Midland, Michigan $12Bas of 2024-12-31 L Lancashire County Pension Fund Pension Fund Preston, United Kingdom $12Bas of 2024-12-31 L Los Angeles Department of Water and Power Employees' Retirement Plan Pension Fund Los Angeles, California $12Bas of 2024-06-30 L Louisiana State Employees' Retirement System Pension Fund Baton Rouge, Louisiana $12Bas of 2024-06-30 M Medtronic Pension Plans Pension Fund Minneapolis, Minnesota $12Bas of 2024-12-31 O Oklahoma Public Employees Retirement System Pension Fund Oklahoma City, Oklahoma $12Bas of 2024-06-30 R Rhode Island State Treasury Pension Fund Providence, Rhode Island $12Bas of 2024-06-30 R Riverside County Employees' Retirement Association Pension Fund Riverside, California $12Bas of 2024-06-30 R Royal Mail Pension Plan Pension Fund London, United Kingdom $12Bas of 2024-12-31 S South Yorkshire Pensions Authority Pension Fund Barnsley, United Kingdom $12Bas of 2024-12-31 W The Walt Disney Company Pension Plan Pension Fund Burbank, California $12Bas of 2024-12-31 C Cook County Pension Fund Pension Fund Chicago, Illinois $11Bas of 2024-06-30 D Delaware Public Employees' Retirement System Pension Fund Dover, Delaware $11Bas of 2024-06-30 L L3Harris Technologies Pension Plans Pension Fund Melbourne, Florida $11Bas of 2024-12-31 N New Hampshire Retirement System Pension Fund Concord, New Hampshire $11Bas of 2024-06-30 A Abbott Laboratories Pension Plans Pension Fund Abbott Park, Illinois $10Bas of 2024-12-31 A APK Pensionskasse (VBV Group) Pension Fund Vienna, Austria $10Bas of 2024-12-31 F Fondazione ENASARCO Pension Fund Rome, Italy $10Bas of 2024-12-31 L London Pensions Fund Authority (LPFA) Pension Fund London, United Kingdom $10Bas of 2024-12-31 M Missouri State Employees' Retirement System Pension Fund Jefferson City, Missouri $10Bas of 2024-06-30 N Nebraska School Retirement System Pension Fund Lincoln, Nebraska $10Bas of 2024-06-30 W Wyoming Retirement System Pension Fund Cheyenne, Wyoming $10Bas of 2024-06-30 C Connecticut Teachers' Retirement Board Pension Fund Hartford, Connecticut $10Bas of 2024-06-30 R Rhode Island Employees' Retirement System Pension Fund Providence, Rhode Island $10Bas of 2022-12-31 T Textron Inc. Pension Plans Pension Fund Providence, Rhode Island $9Bas of 2024-12-31 D District of Columbia Retirement Board Pension Fund Washington, District of Columbia $8Bas of 2024-06-30 E Emerson Electric Pension Plans Pension Fund St. Louis, Missouri $8Bas of 2024-12-31 P PZU Pension Fund (Otwarty Fundusz Emerytalny PZU) Pension Fund Warsaw, Poland $8Bas of 2024-12-31 S South Carolina Police Officers Retirement System Pension Fund Columbia, South Carolina $8Bas of 2024-06-30 V Virginia Supplemental Retirement System Pension Fund Richmond, Virginia $8Bas of 2024-06-30 B Becton, Dickinson and Company Pension Plans Pension Fund Franklin Lakes, New Jersey $7Bas of 2024-12-31 B Boston Retirement System Pension Fund Boston, Massachusetts $7Bas of 2024-06-30 B Botswana Public Officers Pension Fund (BPOPF) Pension Fund Gaborone, Botswana $7Bas of 2024-12-31 E Erie County Employees Retirement System Pension Fund Buffalo, New York $7Bas of 2024-06-30 F Fire and Police Pension Association of Colorado Pension Fund Denver, Colorado $7Bas of 2024-06-30 P Philadelphia Board of Pensions and Retirement Pension Fund Philadelphia, Pennsylvania $7Bas of 2024-06-30 C Colgate-Palmolive Pension Plans Pension Fund New York, New York $6Bas of 2024-12-31 E Employees' Retirement System of the City of Milwaukee Pension Fund Milwaukee, Wisconsin $6Bas of 2024-06-30 F Fresno County Employees' Retirement Association Pension Fund Fresno, California $6Bas of 2024-06-30 H Hawaii Employer-Union Health Benefits Trust Fund Pension Fund Honolulu, Hawaii $6Bas of 2024-06-30 C Caixa Geral de Depositos Pension Fund Pension Fund Lisbon, Portugal $5Bas of 2024-12-31 C Corning Incorporated Pension Plan Pension Fund Corning, New York $5Bas of 2024-12-31 H Houston Firefighters' Relief and Retirement Fund Pension Fund Houston, Texas $5Bas of 2024-06-30 N North Dakota Retirement and Investment Office Pension Fund Bismarck, North Dakota $5Bas of 2024-06-30 S San Jose Police & Fire Department Retirement Plan Pension Fund San Jose, California $5Bas of 2024-06-30 S Sysco Corporation Pension Plans Pension Fund Houston, Texas $5Bas of 2024-12-31 V Vermont Pension Investment Committee Pension Fund Montpelier, Vermont $5Bas of 2024-06-30 V Virginia Law Officers' Retirement System Pension Fund Richmond, Virginia $5Bas of 2024-06-30 V Vermont State Employees' Retirement System Pension Fund Montpelier, Vermont $5Bas of 2024-06-30 P Palm Beach County Employees Retirement System Pension Fund West Palm Beach, Florida $5Bas of 2024-06-30 H Hillsborough County Retirement System Pension Fund Tampa, Florida $5Bas of 2023-06-30 K Kern County Employees' Retirement Association Pension Fund Bakersfield, California $5Bas of 2024-06-30 S Santa Barbara County Employees' Retirement System Pension Fund Santa Barbara, California $5Bas of 2024-06-30 H Harris County Retirement System Pension Fund Houston, Texas $4Bas of 2024-06-30 C City of Austin Employees' Retirement System Pension Fund Austin, Texas $4Bas of 2024-06-30 D Denver Employees Retirement Plan Pension Fund Denver, Colorado $4Bas of 2024-06-30 F Fort Worth Employees' Retirement Fund Pension Fund Fort Worth, Texas $4Bas of 2024-06-30 H Harris County Hospital District Pension Plan Pension Fund Houston, Texas $4Bas of 2024-06-30 I Iberdrola Pension Fund (Plan de Pensiones Iberdrola) Pension Fund Bilbao, Spain $4Bas of 2024-12-31 M Miami-Dade County Employees' Retirement Plan Pension Fund Miami, Florida $4Bas of 2024-06-30 M Michigan State Police Retirement System Pension Fund Lansing, Michigan $4Bas of 2024-06-30 N National Social Security Fund (NSSF Uganda) Pension Fund Kampala, Uganda $4Bas of 2024-12-31 P Pima County Employees Retirement System Pension Fund Tucson, Arizona $4Bas of 2024-06-30 S San Joaquin County Employees' Retirement Association Pension Fund Stockton, California $4Bas of 2024-06-30 S San Jose Federated City Employees' Retirement System Pension Fund San Jose, California $4Bas of 2024-06-30 S Seattle City Employees' Retirement System Pension Fund Seattle, Washington $4Bas of 2024-06-30 F Fulton County Employees Retirement System Pension Fund Atlanta, Georgia $4Bas of 2024-06-30 M Marin County Employees' Retirement Association Pension Fund San Rafael, California $4Bas of 2024-06-30 C City of Atlanta General Employees' Pension Fund Pension Fund Atlanta, Georgia $3Bas of 2024-06-30 C City of Phoenix Employees' Retirement System Pension Fund Phoenix, Arizona $3Bas of 2024-06-30 C Cleveland Employees Retirement System Pension Fund Cleveland, Ohio $3Bas of 2024-06-30 D Dallas Police and Fire Pension System Pension Fund Dallas, Texas $3Bas of 2024-06-30 G General Retirement System of the City of Detroit Pension Fund Detroit, Michigan $3Bas of 2024-06-30 J Jacksonville Police and Fire Pension Fund Pension Fund Jacksonville, Florida $3Bas of 2024-06-30 J Judges' Retirement System of California Pension Fund Sacramento, California $3Bas of 2024-06-30 M Milwaukee County Employees' Retirement System Pension Fund Milwaukee, Wisconsin $3Bas of 2024-06-30 N National Social Security Fund (NSSF Kenya) Pension Fund Nairobi, Kenya $3Bas of 2024-12-31 O Oakland Municipal Employees' Retirement System Pension Fund Oakland, California $3Bas of 2024-06-30 P Pennsylvania Municipal Retirement System Pension Fund Harrisburg, Pennsylvania $3Bas of 2024-06-30 S Stanislaus County Employees' Retirement Association Pension Fund Modesto, California $3Bas of 2024-06-30 T Tulare County Employees' Retirement Association Pension Fund Visalia, California $3Bas of 2024-06-30 W Washoe County Employees Retirement System Pension Fund Reno, Nevada $3Bas of 2024-06-30 H Houston Municipal Employees Pension System Pension Fund Houston, Texas $3Bas of 2023-06-30 P Portland Fire and Police Retirement System Pension Fund Portland, Oregon $3Bas of 2023-06-30 B Baltimore City Fire and Police Employees' Retirement System Pension Fund Baltimore, Maryland $2Bas of 2023-06-30 C Charlotte Firefighters' Retirement System Pension Fund Charlotte, North Carolina $2Bas of 2024-06-30 F Florida Municipal Police Officers' Retirement Trust Fund Pension Fund Tallahassee, Florida $2Bas of 2024-06-30 M Memphis Light, Gas and Water Retirement/Pension Plan Pension Fund Memphis, Tennessee $2Bas of 2024-06-30 M Minneapolis Employees Retirement Fund Pension Fund Minneapolis, Minnesota $2Bas of 2024-06-30 S St. Paul Teachers' Retirement Fund Association Pension Fund St. Paul, Minnesota $2Bas of 2024-06-30 C Central Laborers' Pension Fund Pension Fund Springfield, Illinois $2Bas of 2024-06-30 P Pittsburgh Comprehensive Municipal Pension Trust Fund Pension Fund Pittsburgh, Pennsylvania $2Bas of 2024-06-30 T Tampa General Employees' Pension Fund Pension Fund Tampa, Florida $1Bas of 2024-06-30 T Tucson Supplemental Retirement System Pension Fund Tucson, Arizona $1Bas of 2024-06-30 A Alameda County Employees' Retirement Association Pension Fund Oakland, California Undisclosed A American Airlines Group Inc. Pension Plan Pension Fund Fort Worth, Texas Undisclosed A Arapahoe County Retirement Plan Pension Fund Littleton, Colorado Undisclosed A Atlanta Employees' Retirement System Pension Fund Atlanta, Georgia Undisclosed A Atlanta Fire and Police Pension Fund Pension Fund Atlanta, Georgia Undisclosed A Austin Police Retirement System Pension Fund Austin, Texas Undisclosed B Bexar County Employees Retirement System Pension Fund San Antonio, Texas Undisclosed C Central Pension Fund of the International Union of Operating Engineers and Participating Employers Pension Fund Chicago, Illinois Undisclosed C Cleveland Police and Fire Pension Fund Pension Fund Cleveland, Ohio Undisclosed C Colorado UFCW Unions and Employers Pension Plan Pension Fund Denver, Colorado Undisclosed D Denver Firefighters Pension Plan Pension Fund Denver, Colorado Undisclosed E El Paso Firemen and Policemen's Pension Fund Pension Fund El Paso, Texas Undisclosed E Employees' Retirement Fund of the City of Dallas Pension Fund Dallas, Texas Undisclosed E Employees' Retirement System of Georgia Pension Fund Atlanta, Georgia Undisclosed E Employees' Retirement System of the State of Hawaii Pension Fund Honolulu, Hawaii Undisclosed F Fairfax County Employee Retirement System Pension Fund Fairfax, Virginia Undisclosed H Houston Police Officers' Pension System Pension Fund Houston, Texas Undisclosed I International Union of Operating Engineers Local 12 Pension Trust Pension Fund Alhambra, California Undisclosed I Iowa Operating Engineers Pension Fund Pension Fund Unknown, Iowa Undisclosed L Laborers' National Pension Fund Pension Fund Washington, District of Columbia Undisclosed L Los Angeles County Employees Retirement Association Pension Fund Los Angeles, California Undisclosed L Lowe's Companies, Inc. Pension Plan Pension Fund Mooresville, North Carolina Undisclosed M Memphis Police and Firefighters' Retirement System Pension Fund Memphis, Tennessee Undisclosed M Miami Police and Firefighters' Retirement Trust Pension Fund Miami, Florida Undisclosed M Michigan Department of Treasury Retirement Systems Pension Fund Lansing, Michigan Undisclosed M Minnesota State Retirement System Pension Fund St. Paul, Minnesota Undisclosed M Multnomah County Retirement System Pension Fund Portland, Oregon Undisclosed N National Automatic Sprinkler Industry Pension Fund Pension Fund Landover, Maryland Undisclosed N New York State Teamsters Conference Pension and Retirement Fund Pension Fund Albany, New York Undisclosed O Ohio Operating Engineers Pension Fund Pension Fund Worthington, Ohio Undisclosed O Oklahoma City Police Pension and Retirement System Pension Fund Oklahoma City, Oklahoma Undisclosed O Orange County Employees Retirement System Pension Fund Santa Ana, California Undisclosed O Orleans Parish Employees Retirement System Pension Fund New Orleans, Louisiana Undisclosed R Raytheon Technologies Corporation Pension Plan Pension Fund Waltham, Massachusetts Undisclosed R Roofers Union Local 30 Pension Fund Pension Fund Philadelphia, Pennsylvania Undisclosed S Sacramento County Employees' Retirement System Pension Fund Sacramento, California Undisclosed S Sheet Metal Workers' National Pension Fund Pension Fund Alexandria, Virginia Undisclosed S Solano County Employees' Retirement Association Pension Fund Fairfield, California Undisclosed S Southern California IBEW-NECA Pension Plan Pension Fund Alhambra, California Undisclosed S St. Louis County Employees' Retirement System Pension Fund Clayton, Missouri Undisclosed S St. Louis Employees' Retirement System Pension Fund St. Louis, Missouri Undisclosed T Teachers' Retirement System of Montana Pension Fund Helena, Montana Undisclosed T Travis County Retirement System Pension Fund Austin, Texas Undisclosed T Tulsa City Employees' Retirement System Pension Fund Tulsa, Oklahoma Undisclosed U United Airlines Holdings, Inc. Pension Plan Pension Fund Chicago, Illinois Undisclosed U United Mine Workers of America 1974 Pension Trust Pension Fund Triangle, Virginia Undisclosed V Vermont State Teachers' Retirement System Pension Fund Montpelier, Vermont Undisclosed W Western Metal Industry Pension Fund Pension Fund Los Angeles, California Undisclosed W Wisconsin Laborers' District Council Pension Fund Pension Fund Milwaukee, Wisconsin Undisclosed

Beyond the public profile

This list shows reported AUM, strategy, and headquarters. PipelineRoad members get the part that wins mandates: verified decision-maker contacts, current allocation mandates, and live activity signals for these allocators, matched to a fund's thesis.

Frequently asked questions

How many pension funds invest in real estate?

PipelineRoad tracks 380 pension funds that allocate to real estate.

Which pension fund is the largest real estate investor?

Government Pension Investment Fund (GPIF), with $1.50T in reported AUM, is the largest pension fund allocating to real estate.

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