Word: estateportfolio
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Prior to the Navy's announcement last spring,Harvard's Crystal City investment represented abright spot in an otherwise lackluster real estateportfolio...
...essentially 'landbanking' office spacefor future academic use there," said Jacqueline A.O'Neill, Harvard's associate vice president forstate and community affairs. `Landbanking' refersto the University's pattern of depositing largeparcels of commercial property in its real estateportfolio, land which could someday be used foracademic or Harvard-related residential purposes...
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