Texas Teachers, Singapore's GIC join hunt for US rental homes

Texas Teachers, Singapore's GIC join hunt for US rental homes

Guests attend a pool party in the penthouse apartment at the 50 United Nations Plaza building in New York, U.S., on Tuesday, June 7, 2016. Photographer: Michael Nagle/Bloomberg

A U.S. public pension fund and a sovereign wealth fund are joining forces to hunt for profits in Sun Belt rental houses.

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