CPPIB commits $375 mln to Chinese real estate investment
Canada Pension Plan Investment Board (CPPIB) has made a US$375 million investment in Raffles City China Investment Partners III (RCCIP III), an integrated development private investment vehicle in China. With the deal, CPPIB has taken a 25 percent stake in RCCIP III, which is managed by CapitaLand, a Singapore real estate business that operates in Asian markets. The CPPIB-backed vehicle will invest in commercial property developments in cities across China.
25 October 2016•3 mins read
