CANADA - The Canada Pension Plan Investment Board (CPPIB) has acquired a 50% stake in a portfolio of commercial real estate portfolios owned by Oxford Properties Group, an Ontario Municipal Employees Retirement System (OMERS) company, for CAN$1bn.
The national portfolio comprises 11 commercial properties in Calgary, Edmonton, Montreal, Ottawa, Toronto and Vancouver. Oxford Properties, OMERS’ global real estate investment platform, has retain...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date