Alecta commits USD 780m across three US healthcare property investments

Alecta disclosed three US healthcare and life-sciences real estate investments totalling USD 780 million: USD 230 million to a Kayne Anderson/Remedy and Physicians Realty JV in late 2019; USD 250 million to the KACORE co-investment in June 2020; and USD 300 million to the Blackstone/BioMed Realty open-ended fund on 6 November 2020. These are distinct vehicles and must not be counted as three LP fund commitments.