Country

United Kingdom

RE AUM

€2,417m

Judge's report

Border to Coast Pensions Partnership, the largest of the eight local government pension scheme ‘pools’ in the UK, has created an impressive domestic property fund for its member pension schemes, and its growth could be important for the UK’s real estate industry. There is an opportunity for significant benefit to society from Border to Coast investments in real estate.

Border to Coast has laid strong foundations with its recent real estate fund launches, including three in the past 18 months, offering strategic diversification and access to high-quality investments for its partner funds. The ambitious growth targets and a focus on responsible investment are commendable.

STRATEGIC TAKEAWAYS

➤ Clear targets plus sensible approach to strategy and to dealing with legacy assets

➤ Ability to create innovative, locally-rooted impact models could be scaled

➤ Ambition, structure and measurable achievements firmly position Border to Coast at an outstanding regional level and could be replicated elsewhere

HIGHLY COMMENDED

Judged by

Matt Fletcher
John Forbes
Stephan Ryan
Tajana Štriga

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