F
lorida State Board of Administration (SBA) has deployed $365.4 million (€310.4 million) in U.S. real‑estate assets through separate accounts with Invesco Real Estate, Heitman, and MetLife. The pension fund disclosed the following commitments:

    • $150.7 million – Ashton at Dulles Corner, an apartment complex in Herndon, Virginia, acquired via an Invesco Real Estate account.

    • $63.7 million – The Indy, a student‑housing project in Marietta, Georgia, purchased through Heitman.

    • $43.9 million – Harmon I Ashton Oaks, a single‑family rental development in Westley Chapel, Florida, financed with Heitman.

    • $35.3 million – Oxnard Logistics Center, a logistics facility in Oxnard, California, invested through MetLife.

    • $36.3 million – Ortho Rhode Island, a medical‑office asset in Warwick, Rhode Island, bought via a Heitman account.

    • $31 million – Bellport Property, a self‑storage complex in Bellport, New York, acquired with Heitman.

    • $4.6 million – a small retail investment.

    These transactions bring SBA’s total real‑estate exposure to $365.4 million. For the latest IPE Real Assets magazine, click here.