CPPIB Agrees to Buy Stake in Aliansce Shopping Centers
Posted on 07/31/2013
The Canada Pension Plan Investment Board (CPPIB), along with other Canadian public investors sees opportunity investing in Brazilian properties. The CPPIB agreed to purchase a 27.6% stake in Aliansce Shopping Centers S.A. for US$ 480 million from General Growth Properties. Rio de Janeiro-based Aliansce Shopping Centers S.A. is a publicly-traded real estate operating company in […]
