Kensington and Chelsea Council's Pension Board convened on 5 November 2025, to review the performance of its pension fund, including scrutiny of its direct property investments. The meeting agenda included a CBRE Direct Property Update , indicating a detailed discussion of specific property investments. Further information can be found in the Investment Property Update.

The board, chaired by Cllr David Lindsay, received an update from CBRE, a commercial real estate services and investment firm, regarding the council's direct property investments. The discussion took place as part of the board's regular assessment of the pension fund's overall health and strategy.

Chart showing the actual asset allocation of the pension fund for 2023/24 and 2024/25.
Chart showing the actual asset allocation of the pension fund for 2023/24 and 2024/25.