The infrastructure arm at the Ontario Municipal Employees’ Retirement System is appointing Luca Lupo as senior managing director and head of Europe, effective immediately. Lupo joined the OMERS in 2022 as part of the infrastructure team. In this new role he will lead the regional team based in London and will oversee regional origination activities […]
The Caisse de dépôt et placement du Québec is partnering with Sagard Real Estate to pursue an industrial outdoor storage investment strategy across major U.S. infill markets. The partnership has an initial target gross asset value of $490 million with the option to scale through further commitments, according to a press release. The new platform […]
Canada’s largest pension funds are joining an initiative that aims to boost pension investments between Canada and Australia. The Canadian-Australian Pension Funds Investment Initiative, announced Wednesday during Prime Minister Mark Carney’s visit to Australia, will create a framework for pension funds in the two countries to discuss policy barriers and associated solutions to improve the […]
The Ontario Municipal Employees’ Retirement System is parting ways with two infrastructure leads in the wake of struggling investments in the European market, according to a report from the Financial Times. Alastair Hall (pictured right), the OMERS’ senior managing director for Europe, and Chris Hogg (pictured left), a director based in the London office, both […]
The Canada Pension Plan Investment Board is entering a 50/50 €8 billion European data centre partnership with Australian firm Goodman Group. The new business partnership has an initial total capital commitment of €2.2 billion to develop a portfolio of data centre projects in Frankfurt, Amsterdam and Paris. According to a press release, construction on these […]
A joint venture co-owned by the Canada Pension Plan Investment Board and IndoSpace is acquiring six industrial and logistics parks in India for roughly $471 million. The investment organization is providing $217 million to fund the transaction by IndoSpace Core, which the CPPIB owns a 93 per cent stake in. Structural growth, driven by urbanization […]
The Caisse de dépôt et placement du Québec and the Public Sector Pension Investment Board are supporting an investment deal in which alternative asset manager Apollo will invest $6.5 billion for a 50 per cent stake in an offshore wind project. The transaction for Ørsted’s Hornsea 3 — a U.K.-based ongoing clean energy project — […]
Hudson’s Bay Co. is returning its former stores to landlords, effectively ending a British Columbia billionaire’s fight to take over the collapsed retailer’s leases. Franco Perugini, HBC’s senior vice-president of real estate and legal, said in an email to the Canadian Press that the company is disclaiming the leases it had for 25 properties that […]
The Caisse de dépôt et placement du Québec is granting operational management of its office buildings in Quebec to real estate services firm Canderel. This partnership is designed preserve the style and character of Quebec buildings that belong to the investment organization. The move will allow the Caisse to focus entirely on its investment operations, […]
The infrastructure arm of the Ontario Municipal Employees’ Retirement System has confirmed the completed inaugural senior unsecured bond issuance for the BPC Generation Infrastructure Trust totalling $1.5 billion across five-, seven-, and 10-year tranches of notes. The transaction involving the trust, which is a holding company for the OMERS investment in Bruce Power, is one […]