Ivanhoé Cambridge, the real estate subsidiary of the Caisse de dépôt et placement du Québec, has acquired an office building in Nanterre, France. The building, called HUB 247, is currently under construction with an expected completion date in early 2020. The project is located in Nanterre’s Cœur Université district and is being developed by Bouygues […]
Factoring environmental, social and governance considerations into investment decisions is good risk management, according to one pension plan sponsor. “Definitely for real assets, we see it presenting risks, but also opportunities,” said Donna Mathieu, chief executive officer of NAV Canada Corp.’s pension plan, while speaking on a panel at the Canadian Pension and Benefits Institute’s 2018 […]
As the investment landscape gets more complicated, defined contribution pension plan members’ investment options need to keep up, said Chhad Aul at the 2018 Defined Contribution Investment Forum in Toronto in September. Portfolio managers are currently operating in a unique environment, said Aul, portfolio manager at Sun Life Global Investments. This includes the easing off of many central banks’ […]
The Caisse de dépôt et placement du Québec’s real estate investment arm, Ivanhoé Cambridge, along with CapRock Partners, is announcing the start of construction for a Californian development in which it has invested US$450 million. The first phase logistics complex, Colony Commerce Center in Ontario, Calif., will be made up of two industrial buildings and will feature truck courts, loading docks […]
Technology and new products are driving growth in real estate
Ivanhoé Cambridge, the real estate investment arm of the Caisse de dépôt et placement du Québec, is teaming up with Round Hill Capital to buy residential properties in Berlin. The first purchase in the joint venture, which looks to grow a portfolio of residential assets with an initial focus on the Berlin metropolitan area, totals 362 units […]
The Public Sector Pension Investment Board, together with its investment partner Tishman Speyer Properties, is selling a mixed-use property in the west end of London. The building, Verde SW1, was sold to Deka Immobilien, a global real estate investment manager, for an undisclosed sum. It comprises 318,000 square feet for leasing, more than 10 floors of office space, […]
The Ontario Municipal Employees Retirement System is acquiring California-based medical management company Paradigm Outcomes. The existing majority owner, Summit Partners, will continue to be a shareholder. Paradigm, which provides medical management to the workers’ compensation industry in the United States, is OMERS’ latest health-care investment. The pension fund has also invested in Premise Health, Forefront Dermatology, […]
The Canada Pension Plan Investment Board is making an additional investment in the Goodman China Logistics Partnership, bringing its total equity commitment to US$5 billion. The partnership, established in 2009 with multi-national property firm the Goodman Group, set out with the purpose of developing logistics properties in key gateway cities in mainland China. Since inception, the portfolio has grown […]
The Ontario Teachers’ Pension Plan posted a net return of 3.2 per cent for the first half of 2018, adding $4.4 billion to the plan as of June 30, 2018. Speaking on a conference call on the mid-year result, Ron Mock, president and chief executive officer at the OTPP, called the first six months of […]