Canada’s CPPIB investing $210m in India real estate JV with RMZ

Canada’s CPPIB investing $210m in India real estate JV with RMZ

Residential and commercial buildings stand in Mumbai, India. Photographer: Dhiraj Singh/Bloomberg

Canada Pension Plan Investment Board (CPPIB), one of the world’s largest pension funds, is investing ₹15 billion ($210 million) in a joint venture in India with RMZ Corp, one of Asia’s largest private-owned real estate owners and developers.

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