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Ohio School Employees has doubled its commitment to ING Clarion Partners' Lion Properties Fund, to $75 million
Real Estate Alert, June 2, 2004
Ohio School Employees has doubled its commitment to ING Clarion Partners' Lion Properties Fund, to $75 million. It initially committed $37.5 million to the open-end core fund in February. Separately, the pension plan pledged $50 million to RREEF America II, a private REIT that invests in core properties.
Overall, the $8.1 billion pension has $661 million, or 11.1% of its assets, invested in real estate. Russell Real Estate Advisors is its consultant.
COPYRIGHT 2004 Harrison Scott Publications, Inc.
COPYRIGHT 2008 Gale, Cengage Learning
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