Otera Capital and RBC Capital Markets to Finance St. Modwen’s Pipeline

Posted on 11/29/2023

CDPQ’s Otera Capital and RBC Capital Markets did a deal for a 5-year £525 million financing to the Blackstone Group-owned St. Modwen’s UK logistics development pipeline.

Otera Capital is owned by CDPQ.

On November 10, 2022, St. Modwen purchase a c.170,000 square foot cross-docked distribution centre in Hatfield, Hertfordshire. The property is located at Hatfield Business Park.

Keywords: Caisse de depot et placement du Quebec, Royal Bank of Canada, Blackstone Group LP.

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