Tens of thousands of public and private sector pension plans should be pooled into “GB superfunds” with assets of up to £500bn each, according to Tony Blair’s think tank.
The “extremely radical” proposals, set out in a report from the Tony Blair Institute, hope to reverse years of capital market decline through the creation of large pension funds, similar in scale to those in Canada and Australia.
Start your free trial today
Your trusted daily source of commercial real estate news and analysis. Register now for unlimited digital access throughout April.
Including:
A local private investor has snapped up the multi-let office for £6.1m
Agency sees group-wide rises for leasing and capital markets revenue
The refurb is set to deliver 250,000 sq ft of office space at 125 Shaftesbury Avenue
Fund house picks up city site from Nuveen
