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CPP Investments enters Korean rental housing with MGRV joint venture

Lucas Cacioli
The Canadian pension giant's first direct Korean residential investment targets strategic Seoul locations amid evolving rental market dynamics.
CPP Investments enters Korean rental housing with MGRV joint venture

Canada Pension Plan Investment Board (CPP Investments) has established a KRW 500 billion ($346.3 million) joint venture with Korean rental housing provider MGRV, marking its first direct investment in Korea's residential sector.

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