PGGM forms joint venture with Inland Real Estate

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US/NETHERLANDS - Dutch pension fund manager PGGM has formed a joint venture with Inland Real Estate Corp. that will invest US$270m in the US retail market.

The joint venture will invest in "grocery-anchored and community retail centres in the Midwest", said Inland in a release. PGGM will own 45% of the venture. PGGM will contribute $20m at the init...

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