| 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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