CPPIB to invest $396 mln in Brazil real estate: Reuters
Canada Pension Plan Investment Board (CPPIB) plans to invest about US$396 million in commercial property in Brazil, a few months after it opened an office in São Paulo, Reuters reported. The investments include the purchase of warehouses, land and stakes in development projects in the logistics and retailing industries, adding to the fund's portfolio of more than 100 properties in Latin America's largest economy.


