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Posted on: May 22, 2017, 4:37 p.m.
Blackstone Group, the world’s biggest private equity fund, has told investors to scale back their expectations for property returns as the “great run” of the past five years becomes harder to replicate. Investors should “calibrate” their expectations, Chris Heady, Asia-Pacific chairman and head of Asian real estate, told a conference in Singapore. “They are probably going to be lower over the next five years.” Full investment news articleRelevent to this post: GIC Private Limited Canada Pension Plan Investment Board,