Office landlord Paramount Group Inc. is seeking to raise as much as $2.7 billion in an IPO. Blackstone Group is planning to take its industrial-property unit public this year to raise about $1 billion. CalPERS is considering a dramatic retreat from some riskier investments, as it tries to simplify its $295 billion in holdings. Fairway Markets is slowing its expansion plans and now will open just one or two new stores per year. These are among todays 10 must reads from around the commercial real estate sector.
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