CalPERS Announces $160 Million Profit On Brazilian Real Estate Investment – Sacramento Bee

Hines CalPERS chief ousted in January as a series of U.S. property portfolio post office lost half its market value in a section of 12 months. Ironically, Hines is one of the companies earlier this year driven by the CalPERS retirement system that California officials "embarked on a housecleaning of its major investment companies.


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