Betting on Houston’s Economy, CPPIB to Buy Parkway

Posted on 07/01/2017

The Canada Pension Plan Investment Board (CPPIB) is buying 100% ownership of Parkway, Inc., a Houston-based real estate investment trust, for US$ 1.2 billion, or US$ 23.05 per share. CPPIB has continued to expand its real estate portfolio across the United States, seeking stable, high-quality assets. Parkway owns the biggest office property portfolio in Houston, […]