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REITs Gaining Upper Hand In JVs With Pension Funds

By Andrew McIntyre (May 20, 2015, 1:52 PM EDT) -- As foreign and domestic pension funds look to deploy capital into real estate and chase a shrinking number of U.S. deals, funds are increasingly partnering with real estate investment trusts, and given the competition for deals, REITs have the upper hand in negotiating joint venture terms, lawyers say....

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