TIAA Forms Real Assets Division

Major financial services firm TIAA has formed a new business unit focused exclusively on expanding its capabilities in real assets, including global real estate. 

According to IPE Real Estate, the new division will include TIAA’s global real estate, agriculture, timber, infrastructure and energy teams, as well as subsidiaries TH Real Estate, Westchester Group Investment Management, GreenWood Resources and Churchill Asset Management.

It will operate as a stand-alone business unit within TIAA’s global asset management business.

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