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State Pension Funds: What is Their Future in Real Estate?

Author: Clarence C. Elebash and William A. Christianses

Start Page: 71
End Page: 80
Volume: 4
Issue Number: 2
Year: 1989
Publication: Journal of Real Estate Research

Abstract: This study investigates state pension plan participation in the real estate equity market and pension management attitudes toward the ownership of real estate. A series of hypotheses regarding the motivating factors behind state ownership of real estate equities is investigated.

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