CPPIB, CDPQ form Southeast Asia logistics partnership
Canada Pension Plan Investment Board (CPPIB) has teamed up with Caisse de Depot et Placement du Quebec (CDPQ) and Australia-headquartered property company Logos to develop logistics projects in Singapore and Indonesia.
According to a statement, CPPIB will initially commit S$200 million ($141.4 million) for a 48% stake in a Singapore-based arm of Logos with the aim of seeding two fully-leased warehouse facilities as well...
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