CPPIB Makes Move into Asturias Shopping Centre

Posted on 10/07/2013

The Canada Pension Plan Investment Board (CPPIB) and Intu Properties PLC, a large UK-based shopping center owner, have entered into an agreement with Sonae Sierra and CBRE Global Investors to purchase Parque Principado Shopping Centre to the tune of €162 million (US$ 220 million). For David Fischel, CEO of Intu Properties, the potential for profit […]