The Public Officials Benefit Association (POBA) recently restructured its real estate investment organization, which had been divided into overseas and domestic teams, into Real Estate Investment Team 1 and Real Estate Investment Team 2. The Real Estate Investment Team 1 will group the existing domestic real estate team with the Asia region, while the Real Estate Investment Team 2 will take charge of the Americas and Europe. This restructuring push is due to the increasing scale of POBA’s overseas real estate holdings which has made it increasingly difficult to identify investment targets in the domestic real estate market. The National Pension Service (NPS) also restructured its real estate […]