Quatars sovereign wealth fund and Chinas Citic Group signed a preliminary agreement for a $10 billion joint investment in European real estate, reports Bloomberg. A study by the Sovereign Wealth Center found that these types of funds are finding real estate less attractive because of a frothy market, claims The Wall Street Journal. The New York State Teachers Retirement System has approved real estate commitments totaling $140 million, according to IP Real Estate. These are among the 10 must reads from the world of commercial real estate today.
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