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28 May 2012

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Netherlands' giant PGGM weighing more listed RE investments, diversification

In reaction to the real estate downturn in the wake of the US sub-prime crisis, the giant Dutch fund manager PGGM is to boost its international and asset type diversification in property, raising its allocation to listed vehicles, but also looking at assets such as timber, and land in Brazil, says Johan van der Ende, CIO of structured investments.

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