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In real estate private equity, there are four categories of investment types: core, core plus, value add and opportunity. Which of the choices below describes

In real estate private equity, there are four categories of investment types: core, core plus, value add and opportunity. Which of the choices below describes a "core"asset?

A fully leased property with long term leases to credit-worthy tenants in a major urban market

Land

A property in a suburban market with leases whose rents are above market rates

A vacant property that requires renovation

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