CPPIB and IndoSpace Forge Joint Venture
The Canada Pension Plan Investment Board (CPPIB) continues to seek out Indian partners to invest in institutional-quality real estate within the sub-continent. Indospace is one of India’s biggest developers in the industrial and logistics real estate sector. CPPIB and IndoSpace formed IndoSpace Core, a joint venture that will focus on acquiring and developing modern logistics facilities in India.
Indospace itself is a joint venture between the Everstone Group and private equity real estate operator Realterm.
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