T
he Ohio Bureau of Workers' Compensation (BWC) has outlined a $340m real estate investment plan for 2025. This marks a significant increase from the $150m allocated in 2024, during which no new commitments were made.
Key to the 2025 plan is a $240m potential commitment to core sector investments, which will be partially offset by redemptions and dividend reinvestment from existing funds. The remaining $100m is expected to go towards value-add funds.
A substantial portion of the new commitments will be allocated to new managers specializing in sectors such as self-storage, manufactured housing, data centers, anchored retail, and traditional apartments. Three commitments are planned with existing managers: Rockbridge for hotels, Clarion for niche properties, and Bell for traditional apartments.
