REITs Seek to lure U.S. pension fund money from private equity

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US - US real estate investment trusts are seeking a bigger piece of the more than $500bn of property investments from pensions, aiming to attract money from the private-equity funds traditionally favored by managers.

The National Association of REITs found that a portfolio 30 percent invested in commercial property shares delivered a higher return relative to one more heavily tilted toward private-equity funds,...

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