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LEHMAN BROIHERS : rREndwhichh chthqeq@'darns) ddndrd*hr le{mis(whrr'hveroqsedd io liiimicnrar*h)

Equity REITs and Asset Allocation

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LEHMAN BROIHERS

:

rREndwhichh chthqeq@'darns)ddndrd*hr le{mis(whrr'hveroqsedd io liiimicnrar*h)

BACKGFIOTINDl930sTheRus$[NcREIFA.oPdy

I ci (RNPD, r {iddy sdpobr@nc

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THEPENSION

COMMUNITYDEBATE

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THE ROLE OFEclIIITY FlEAL

ESTATESECURITIES

INAMIXED-ASSET

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ASSETALLOCATIONwlTH REITS

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WIAH REITS ($cfism6) FqerrryL. io' 1r.3

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CONCLUSION

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