04.08.2009 - CalPERS buys Macquarie property
From Financialstandard.com.au: One of the US' largest pension funds, CalPERS, has forked out $550 million for a 60 per cent slice of a Macquarie CountryWide Trust's portfolio of shopping centers. The $224 billion California Public Employees' Retirement System closed the half a billion dollar real estate transaction for a portfolio of shopping centers in 17 states and the District of Columbia in the US, late last week...........Full Article: Source
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