Orlando, Fla. , hired Duff & Phelps to run a total of $45 million in a...

Orlando, Fla., hired Duff & Phelps to run a total of $45 million in a REIT for the city's three pension plans, which have combined assets of $620 million, said Kent Olfson, treasurer. Duff & Phelps replaced EII Realty, which ran the money in a less aggressive REIT portfolio; trustees hope a more aggressive style will increase returns. Kalson & Associates assisted.