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Michael McKiernan The Canada Pension Plan Investment Board has doubled down on its Korea Income Joint Venture with asset manager ESR Cayman Limited, as the pair collectively boosted their investment by US$500 million, bringing the total equity allocation to US$1 billion. According to a news release, the CPPIB contributed the bulk of the new capital to the venture, which was formed in 2018 to focus on logistics assets near major cities in South Korea. “Korea is already one of the most developed e-commerce markets in Asia and the pandemic has accelerated the growth in the past year, further fuelling the demand for quality logistics facilities,” said Jimmy Phua, the CPPIB’s head of Asia real estate, in a statement. ....
Blackstone's growth strategy drives profits, Ontario Teachers, Stella Point to exit First American Payment pehub.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pehub.com Daily Mail and Mail on Sunday newspapers.
Ontario Teachers' Pension Plan Board and Stella Point Capital to Sell First American Payment Systems streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Our reader's Kilimanjaro trekking expedition in September 2014 required four flights and around two days of travelling from Malaysia to Moshi, Tanzania, where the mountain is. ....