CANADA/GERMANY - The Canada Pension Plan Investment Board (CPPIB) has teamed up with LaSalle Investment Management to buy Germany's Hürth Park shopping centre for €157.3m ($219.2m).
CPPIB will acquire an 80% share while the LaSalle fund will hold the remaining 20%. The centre previously belonged to the open-ended property fund Degi Europe, which is managed by Aberdeen Immobilien Kapitalanlagegesellschaft...
CANADA - Canadian pension funds kept mergers and acquisitions (M&A) activity in the country afloat in the third quarter, according to PwC.
CANADA - The nascent Canadian longevity risk transfer market could hit $20bn by 2020, Swiss Re finds.
GERMANY - Germany's institutional investors are not only interested in returns, but also the safety of those returns, according to a study published by Union Investment.
CANADA/US - Teachers' Private Capital, a unit of the C$107.5bn ($106.4bn) Ontario Teachers' Pension Plan, and the $37.3bn Teachers' Retirement System of the State of Illinois have made equity investments to finance company NXT Capital.
CANADA - Canadian pensions marked their lowest quarterly returns since the start of the financial crisis on the back of world-wide market uncertainty, said RBC Dexia.