Connecticut Retirement Plans and Trust Funds has set a $1.15bn (€986.9m) real estate pacing plan for 2026.

The pension fund disclosed in its board meeting document that for the 2026 calendar year, it expects to increase its core real estate commitments by $100m and reduce the allocation to non-core by $150m compared to the previous year.

From 2027 onwards, however, the pension fund’s real estate investment focus will tilt heavily toward non-core assets.

Connecticut Retirement plans to invest through funds, joint ventures and co-investments using three main strategies for 2026.

According to the meeting document, the plan will be to target data centres, multifamily and industrial assets investments through new managers and potentially expanding its partnerships with existing ones.

Connecticut Retirement’s 2026 infrastructure/natural resources pacing has been set at $800m, split between $500m in core assets and $300m in non-core opportunities.

The pension fund’s main strategy for the asset class involves monitoring its data centre exposure while targeting sectors positioned to gain from the energy transition and the expansion of digital infrastructure.

Connecticut Retirement will consider making new commitments to both existing partners and new managers.

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