Major Texas, California Pension Funds Look To Limit Russia, Ukraine Property and Other Holdings

“Russia has always been a tricky play because of the lack of transparency in the country,” Booth told CoStar News in an interview. “For Ukraine, how can an investor step into it now? Will they win? Or will Russia take over the real estate? It’s an impossible situation.”

Read Costar’s latest article on the war in Ukraine and hear from Cliff Booth, founder and chairman of Dallas-based Westmount Realty Capital.