Canada’s Ivanhoe, CBRE in Chinese warehouse play
Ivanhoé Cambridge, a real estate investment arm of Canada's pension fund the Caisse de dépôt et placement du Québec (CDPQ), has partnered with CBRE Global Investment Partners to invest in Logos China Logistics Clubs, a Chinese warehouse developer and operator.
The commitment made by Ivanhoe and its partners will allow Logos to make warehousing investments totaling up to $400 million, it said in a statement. "Our investment with Logos China supports our plan...
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