Pimco Sets Its Sights on Commercial Real Estate

Wall Street Journal, Sept. 14, 2021–Peter Grant (subscription)
Pimco, one of the world’s largest fixed-income investors, has been ramping up its commercial real-estate holdings at the same time that historically low interest rates have undercut bond returns.
https://www.wsj.com/articles/pimco-sets-its-sights-on-commercial-real-estate-11631620800?mod=hp_major_pos1#cxrecs_s