Pension fund giant TIAA-CREF has a voracious appetite for commercial real estate, spending upwards of $10 billion annually on property acquisitions and mortgage investing on its own behalf and for third-party funds it manages. The company also has been expanding its global footprint through joint ventures, such as with Henderson Global Investors, one of Europe’s largest investment managers. In April, the two companies closed on a 60-40 joint venture to launch a new global
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