Australia's Future Fund pulls it in.
The Canada Pension Plan Investment Board (CPPIB) will provide at least US$266 million to help fund expansion at AWAS, a Dublin-based aircraft leasing firm. CPPIB already owns 16% of AWAS and the investment will increase its stake to 25%. The CPPIB says the aircraft leasing firm’s plan to grow comes at an opportune time. “CPPIB’s […]
The Canada Pension Plan (CPP) fund ended the third quarter of fiscal 2011 on Dec. 31, 2010 at $140.1 billion, a $1.5 billion jump from the end of the second quarter. The increase represents investment income of $3.9 billion—a 3% return—less seasonal cash outflows of $2.4 billion to pay CPP benefits. “We are pleased with […]
Dr. Heather Munroe-Blum was appointed late last week to the to the board of directors of the Canada Pension Plan Investment Board (CPPIB). Munroe-Blum is the principal and vice-chancellor of McGill University and has extensive academic, financial, communications and stakeholder mediation experience. Directors of the CPPIB are selected from a list of qualified candidates, submitted […]
Westfield Group (WDC), APG and Canada Pension Plan Investment Board (CPPIB) have reached an agreement for WDC sell a 50% interest in the retail component of Westfield Stratford City for £ 871.5 million to a new joint venture between APG of The Netherlands and CPPIB. The transaction values the retail component of Westfield Stratford City […]
The Canada Pension Plan Investment Board (CPPIB) has taken a large minority stake in two prime office properties in Washington, D.C. The transaction gives the CPPIB a 45% interest in the properties and puts the board in a joint venture with Vornado Realty Trust. It is the CPPIB’s first foray into real estate in […]
The Canada Pension Plan Investment Board (CPPIB) and Onex Corporation have acquired Tomkins, an industrial holding company, for $5.25 per share. The total transaction, including the assumption of debt is just over $5 billion. Tomkins runs several businesses in automotive and construction markets around the world. “My entire management team and I are excited to […]
The Canada Pension Plan Investment Board (CPPIB) is buying eight shopping centres in a $230.5-million investment, the organization announced Monday. The 431,000 sq. ft. Hillside Centre in Victoria was one of the purchases acquired from the Ontario Pension Board. The CPPIB also acquired significant interests in seven other shopping centres in B.C., Ontario and […]
Other Brieflies this week:| MON | TUE | WED | THU | The CPP Investment Board (CPPIB) has partnered up with Cyrela Commercial Properties S.A. Empreendimentos e Participacoes—a commercial property development and leasing company that operates in Brazil and Argentina—and GIC Real Estate—the real estate investment arm of the Government of Singapore Investment Corporation—in a […]