CANADA/NETHERLANDS - The Canada Pension Plan Investment Board and APG have teamed up to buy a 50% in a Westfield Stratford City in London.
The two funds will pay a combined £871.5m ($1.4bn), valuing the development at £1.7bn. "We are pleased to be able to expand our long-term partnership with both CPPIB and APG through the joint venturing...
LGIM Real Assets has committed to deliver net-zero carbon across its 76 million sq. ft. UK real estate portfolio by 2050.
Stuart Hitchcock, Calum Macphail and Amie Stow of LGIM discuss opportunities for investors in private funding, filling a gap left by the decline in bank lending
Pension Insurance Corporation (PIC) has acquired a prime city-centre site in Manchester as the location for its first build to rent (BTR) project, investing £130m to fund the construction of 520 residential apartments, over 6,000 square feet of commercial...
A joint venture between the BAE pension funds and Immobilien Europa Direkt has acquired the Sofitel at Gatwick North Terminal with the help of Schroders.
The way schemes invest in property is changing. Charlotte Moore looks at how partnerships and impact investing are shaping approaches