CPPIB eyes further China properties exposure
The Canadian pension fund has made three investments in China properties and may well do more, in a sign of the market's ongoing appeal to long-term foreign investors.
The Canada Pension Plan Investment Board (CPPIB) is likely to continue adding more property investments into China and Asia, after making a trio of property deals in the China market worth $681 million over the past two weeks, according to the pension fund’s head of Asia real estate investments.
And other asset owners with existing investments into the mainland real estate market are likely to similarly raise their positions, claim fund consultants.
On November 3 Canada’s larges…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.