CPPIB commits $800 mln more to Chinese real estate projects
Canada Pension Plan Investment Board (CPPIB) has made an additional commitment to real estate development projects in China in partnership with Longfor Properties Co Ltd. CPPIB will contribute about $800 million to two development projects intended for residential and commercial use in the cities of Chengdu and Shanghai. CPPIB has previously invested with Longfor, a Chinese property developer, investor and manager, including in a 2016 joint venture involving Chongqing West Paradise Walk, a shopping centre.
29 January 2018•4 mins read
