CPPIB, Longfor set up JV to invest in Suzhou commercial property
Canada Pension Plan Investment Board (CPPIB) has formed a joint venture with Chinese real estate developer Longfor Properties to invest in a mixed-used project in Jiangsu province, China.
The JV was formed last month with CPPIB putting in RMB1.25 billion ($201 million) to develop the so-called Times Paradise Walk project located in Suzhou. The city - which is said to be China's fifth most...
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