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April 03, 2019  

Canadian Pension Seeks Leader for US Push

Alberta Teachers is seeking a head of real estate with U.S. institutional experience as it looks to expand its role as a property buyer in the States.More than half of the Canadian pension fund’s C$2.4 billion ($1.8 billion) of real estate investments are in the U.S., but primarily as a minority partner or via funds and sidecar vehicles. But in Canada, it has typically taken the lead on direct property purchases, while bringing in operating...

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