PSP Investments teams up with Crestpoint in real estate buy
Public Sector Pension Investment Board (PSP Investments) has partnered with Crestpoint Real Estate Investments to acquire a portfolio of 12 office and industrial buildings located in the Vancouver region. The deal forms part of a $500 million package of property acquisitions made by Crestpoint, a commercial real estate investor, since January. The Vancouver assets include the head office of Mountain Equipment Co Op. Crestpoint is an affiliate of Toronto-based asset manager Connor, Clark & Lunn Financial Group Ltd.


