OTPP's Cadillac Fairview acquires interest in Mexican joint venture
Cadillac Fairview Corp Ltd, the commercial real estate arm of the Ontario Teachers' Pension Plan (OTPP) has acquired a 25 percent stake in a development joint venture in Mexico. No financial terms were released. The venture holds interests in six premium quality retail-office mixed-use projects under development in Veracruz, Queretaro, Mexico City and Leon. Cadillac Fairview is partnering with a group of Mexican investors led by Grupo Sordo Madaleno, an architecture and real estate development firm.
29 September 2015•3 mins read
