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La Caisse converting more office properties to residential

Quebec pension fund also sells Chicago office tower, bolsters New York office holdings
La Caisse spotlighted its participation in the residential transformation of this office building at the Laurier Mall in Quebec City in its recent earnings report. (CoStar)
La Caisse spotlighted its participation in the residential transformation of this office building at the Laurier Mall in Quebec City in its recent earnings report. (CoStar)

La Caisse, the Quebec public‑sector pension fund giant, outlined a series of office conversions, asset sales and new investments in its annual report released Wednesday, revealing a meager 0.2% return from its property portfolio.

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