CPPIB Acquires 50% Interest in New Zealand Property Portfolio from PSP Investments

Posted on 12/12/2016


The Canada Pension Plan Investment Board has signed an agreement to acquire a 50% interest in a diversified portfolio of prime office and retail properties in New Zealand from the Public Sector Pension Investment Board (PSP Investments). The 50% interest is valued at NZ$ 580 million (C$ 545 million) with an equity investment of NZ$ […]