Can REIT performance actually predict when and how much interest rates will change? The California Public Employees' Retirement System pledged to invest upwards of $7 billion with real estate joint venture partners in July. Norways sovereign-wealth fund, the worlds largest, agreed to buy stakes in three prime U.S. office buildings for about $1.5 billion. These are among todays 10 must reads from around the commercial real estate industry.
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