CPPIB, Caisse to invest in Singapore, Indonesia warehouses, commit $300m

CPPIB, Caisse to invest in Singapore, Indonesia warehouses, commit $300m

Canada Pension Plan Investment Board (CPPIB) has partnered with Ivanhoe Cambridge, the real-estate arm of pension fund manager Caisse de depot et placement du Quebec, to invest in warehouses in Singapore and Indonesia. Both funds have agreed to work with real estate logistics operator LOGOS, in their quest to “develop and acquire modern logistics properties” in the two countries.

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