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Julie Donegan, CalSTRS
Taking charge of the pension giant’s $50bn AUM property business is a daunting task. But Julie Donegan is prepared for the challenge.
The newly created role is part of the investor's revamped leadership structure under new executive chair Daniel Fournier.
Real estate silos
The original justification for Canadian pension plans having standalone property platforms no longer holds up today.
Even as interest rates increase, the imbalance between supply and demand will keep driving new residential developments. There are 'more resilient factors' that keep capital flows stable, Precis's Randeesh Sandhu said..
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