US - The California Public Employees' Retirement System (CalPERS) has agreed a property deal with local developer John Saca to acquire his interest in the Towers high rise project.
The action follows Saca’s notification that he will not exercise his option to acquire CalPERS’ interest in the Towers project. Ted Eliopoulos, senior investment officer for real estate at CalPER...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here