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State Pension Funds: What is Their Future in Real Estate?

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Abstract

This study investigates state pension plan participation in the real estate equity market and pension management attitudes toward the ownership of real estate. A series of hypotheses regarding the motivating factors behind state ownership of real estate equities is investigated.

Suggested Citation

  • Clarence C. Elebash & William A. Christianses, 1989. "State Pension Funds: What is Their Future in Real Estate?," Journal of Real Estate Research, American Real Estate Society, vol. 4(2), pages 71-80.
    • Handle: RePEc:jre:issued:v:4:n:2:1989:p:71-80
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    File URL: http://pages.jh.edu/jrer/papers/pdf/past/vol04n02/v04p071.pdf
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    Cited by:

    1. Barry Ziering & Elaine M. Worzala, 1997. "The Real Estate Research Interests of the Plan Sponsor Community: Survey Results," Journal of Real Estate Research, American Real Estate Society, vol. 13(2), pages 115-144.

    More about this item

    JEL classification:

    • L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services

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