Canadian fund to buy 50% of Europe's biggest retail centre
CANADA - Canada Pension Plan Investment Board has agreed to buy a 50% stake in Europe's largest retail complex, CentrO near Dusseldorf, Germany, for about €700m ($949m), according to three people with knowledge of the transaction.
Canada's second-largest public pension manager signed a contract to purchase the stake from British billionaire property developer Eddie Healey, according to the three people, who asked not to be identified...
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