CPP Investments for Real Estate Joint Venture with California-Based IRA Capital

CPPIB forms real estate joint venture with California’s IRA Capital

Pension fund has allocated an initial $143-million of capital to the venture, which plans to buy properties across 11 U.S. states to start

CPP Investments for real estate joint venture with California-based IRA Capital

TORONTO — The Canada Pension Plan Investment Board has signed a deal to form a joint venture with California-based private equity firm IRA Capital to invest in medical outpatient buildings. CPP Investments has allocated an initial US$143 million of equity capital to the joint venture. It will hold a 47.5 per cent stake. The partners […]

CPP Investments Forms Joint Venture with IRA Capital to Invest in U.S. Medical Outpatient Buildings

/CNW/ - Canada Pension Plan Investment Board (CPP Investments) today announced its participation in a joint venture with IRA Capital and a global institutional...