logistics – Benefits Canada.com

CPPIB sells 2.78% stake in India logistics firm

bmcgovern — Wed, 01 May 2024 19:00:57 +0000

The Canada Pension Plan Investment Board is selling 2.78 per cent of its stake in India-based supply chain and logistics operator Delhivery Ltd. The total value of the deal is roughly $110 million. Following the transaction, the CPPIB still holds a 3.18 per cent stake in the firm. The transaction also appeared in block deal […]

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Caisse buys stake in Quebec-based logistics operator, CPPIB sells stake in South Korean logistics joint venture

bmcgovern — Fri, 23 Feb 2024 20:00:45 +0000

The Caisse de dépôt et placement du Québec is acquiring an equity stake in North American port terminal and logistics operator QSL International Ltd. The investment organization first invested in QSL in 2021 through loan deals. The deal is expected to close in mid-2024 and details of the transaction weren’t disclosed. “We are proud to take […]

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BCI selling stake in $1.7BN Canadian trucking company

Gideon Scanlon — Thu, 10 Feb 2022 17:00:50 +0000

The British Columbia Investment Management Corp. is selling its stake in a Toronto-based trucking company. The investment manager will sell Pilot Freight Services, which specializes in transporting bulky business-to-business and business-to-consumer products, to Danish shipping company AP Moller-Maersk. According to the terms of a deal with the company’s current co-owners, the BCI and Atlanta Capital […]

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CPPIB, AIMCo re-invest in telecom infrastructure giant, BCI in logistics firm

Gideon Scanlon — Tue, 29 Jun 2021 14:00:33 +0000

The Canada Pension Plan Investment Board and the Alberta Investment Management Corp. are together investing $2.4 billion in the Australian digital infrastructure company BAI Communications Pty. Ltd. The funds have been earmarked to support BAI’s global growth strategy and acquisitions. BAI recently announced a partnership agreement with Transport for London to deliver high-speed mobile coverage […]

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CPPIB ups U.K. logistics allocation, PSP invests in Paris real estate

mschmit — Thu, 05 Nov 2020 11:00:07 +0000

The Canada Pension Plan Investment Board is allocating an additional £300 million of equity to investments in the U.K.’s logistics sector. The investment is taking place via the Goodman U.K. partnership, which was established in 2015, with Goodman Group and APG Asset Management each allocating the same amount. The CPPIB has entered similar partnerships with […]

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CPPIB investing in Japanese logistics

mschmit — Fri, 04 Sep 2020 11:00:42 +0000

The Canada Pension Plan Investment Board is taking part in the launch of the GLP Japan income fund, a private Japanese open-ended logistics fund. The deal is the latest in the pension fund’s partnership with Global Logistics Properties Ltd., which kicked off in 2011 when the two parties formed a 50-50 joint venture. While the venture has been expanded multiple […]

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Ontario Teachers’ invests in Indian private credit

mschmit — Thu, 03 Sep 2020 05:52:34 +0000

The Ontario Teachers’ Pension Plan Board is investing US$350 million with Indian private debt manager Edelweiss Alternate Asset Advisors. The investment represents a long-term partnership between the Ontario Teachers’ and parent company Edelweiss Group, which will focus on performing and distressed private credit investment opportunities within India. “We are pleased to enter into a long-term […]

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Caisse’s real estate arm investing in logistics site in Australia

mschmit — Tue, 25 Aug 2020 11:15:09 +0000

Ivanhoé Cambridge, the Caisse de dépôt et placement du Québec’s real estate arm, is entering into an agreement with real estate logistics specialist LOGOS Group to acquire a development site in Australia. The organization plans to develop the site, located in one of Melbourne’s key infill northern industrial suburbs, into a $230 million logistics estate […]

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Coronavirus pummels certain real estate assets, bolsters others

mschmit — Mon, 01 Jun 2020 11:15:24 +0000

While real assets have traditionally served institutional investors well during times of economic stress, the ramifications of the coronavirus pandemic are starting to take their toll in some places. In commercial real estate, investors will likely re-evaluate their capital spending for 2020 in pockets like Edmonton and Calgary with the areas hit hard by the […]

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CPPIB part of development joint venture in South Korea

mschmit — Fri, 24 Apr 2020 11:15:38 +0000

The Canada Pension Plan Investment Board, alongside Dutch pension fund ASG and asset manager ESR Cayman Ltd., has entered into a new strategic agreement to establish a new development joint venture in South Korea with a total equity allocation of US$1 billion. The joint venture, ESR-KS II, will invest in and develop an industrial and […]

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