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| Hines and CalPERS invest in Mexican real estate market Hines, the international real estate firm, and the California Public Employees' Retirement System (CalPERS), the largest public pension fund, announced an agreement that closes a second $100 million fund to invest in the Mexican real estate market. The fund, named HCM Holdings II LP, will have an eight-year term and $300 million of capacity, including leverage, with discretion to invest in the development and acquisition of residential, retail, office and industrial properties, among other product types. write your comments about the article :: © 2007 Construction News :: home page |