CPPIB Gets Exposure to SoCal Healthcare Real Estate
The Canada Pension Plan Investment Board (CPPIB) formed a joint venture with Toledo-based Health Care REIT Inc., to hold a portfolio of medical offices in Southern California. CPPIB will own 45% of the joint venture, while Health Care REIT will own 55%. Health Care REIT is selling assets into the JV. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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