CPPIB, Longfor Properties to invest $817m in China’s rental housing market

WSIB Crane Capital
Residential and commercial buildings are seen from Victoria Peak in Hong Kong, China, on Monday, Sept. 11, 2017. Photographer: Billy H.C. Kwok/Bloomberg Photo by Bloomberg

In an extension of their collaboration, the Canada Pension Plan Investment Board (CPPIB) and China’s premium property developer Longfor Properties are targeting the country’s rental housing segment with a new $817-million investment plan.

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