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Caisse buys stake in Quebec-based logistics operator, CPPIB sells stake in South Korean logistics joint venture

The Caisse de dépôt et placement du Québec is acquiring an equity stake in North American port terminal and logistics operator QSL International Ltd. The investment organization first invested in QSL in 2021 through loan deals. The deal is expected to close in mid-2024 and details of the transaction weren’t disclosed. “We are proud to take […]

CPP Investments Sells Partial Stake in Korea Development Venture

Canada Pension Plan Investment Board (CPP Investments) today announced it has agreed to a restructure and sale of a 21% partial interest in the Kendall Square Development Venture (KDV I) in South Korea. Net proceeds to CPP Investments from the sale will be approximately US$245 million.

Sir Bob Jones expands $2b+ empire, buys 18-level Auckland office tower

CPPIB doubling-down on Korean industrial real estate, Caisse developing Brazilian rental properties

The Canada Pension Plan Investment Board is making a second contribution to a real estate joint venture expanding its industrial warehouse portfolio in Korea’s largest metropolitan areas. In 2020, the CPPIB made an initial contribution of US$450 million to the joint venture, which was launched by ESR Cayman, a real estate investment firm. The joint […]

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