CPPIB’s Asia property head talks strategy
Jimmy Phua discusses the Canadian pension fund's latest investment, its reliance on long-term partners and its plans for the coming years.
The Canada Pension Plan Investment Board’s latest investment in a Chinese shopping mall is part of a broader bet on the rising long-term value of property used by the country’s burgeoning middle class. It also reflects the $287 billion fund’s overall growth in real estate exposure.
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