AMP Capital has secured another North American pension fund investor, Canada Pension Plan Investment Board (CPPIB), as a 50% investor into its $1.1 billion New Zealand property portfolio.
CPPIB is partnering with current owner, Canadian pension investment manager Public Sector Pension Investment Board (PSP Investments), in the 13-asset portfolio.
The deal underlines institutional investor confidence in the New Zealand economy and property market.
« Ralph Stewart-associated super fund gets QROPs licence | Another Ozzy fund turns up » |
Special Offers
No comments yet
Sign In to add your comment
© Copyright 1997-2024 Tarawera Publishing Ltd. All Rights Reserved