The EUR 14 billion insurance company will commit to private equity real estate sometime over the course of 2010. The insurance company has a 3.5% to 14% target allocation range to real estate. Provinzial’s entire property portfolio is committed to private real estate funds, and the firm has previously invested in a range of fund strategies across the globe. Provinzial is planning to invest in private real estate funds in the UK in 2010 as it feels this type of investment in suited to current market conditions.
Information on private equity real estate investors on a global basis is available through Preqin's online module, Real Estate Online.