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CalPERS Sees Drop in Core Office and Separate Account Urban Portfolio

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By Jon Peterson A long-time real estate partnership between CalPERS and the Hines company has recorded a $276 million drop in value in a single-quarter of 2009. National Office Partners L.P., formed in 1998 to invest in office buildings, saw the value of its holdings drop from $459.4 million to $183 million in the third […]

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