CPPIB seeking more Asia co-investments
The $208 billion Canada Pension Plan Investment Board wants to build its Asian asset portfolio via further joint ventures, as it allocates another $400 million to a China logistics JV.
Canada's biggest state retirement fund is seeking further opportunities to invest in Asia through joint ventures after allocating another $400 million to its offshore China-focused JV with Australian property developer Goodman Group.
The Canada Pension Plan Investment Board (CPPIB) already operates JVs with Singapore-based real estate firms CapitaLand and Global Logistic Properties, Australian property developer Lend Lease and asset manager AMP Capital.
Goodman is contributing $…
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