Johner, LouisHoesli, Martin2025-10-312025-09-03Johner, L & Hoesli, M 2025, 'Real Estate in Liability-Driven Investment : The Case of U.S. Pension Funds Journal of Real Estate Portfolio Management', Journal of Real Estate Portfolio Management. https://doi.org/10.1080/10835547.2025.25369431083-5547ORCID: /0000-0003-2173-1200/work/191421920https://hdl.handle.net/2164/26349292341912engSurplus OptimizationResampled Efficient FrontierCommercial Real EstateMixed-Asset PortfolioPension FundGateway MarketsHF5601 AccountingHF5601Real Estate in Liability-Driven Investment : The Case of U.S. Pension Funds Journal of Real Estate Portfolio ManagementJournal article10.1080/10835547.2025.2536943