The Canada Pension Plan Investment Board has partnered with Britain’s Lendlease Group to launch a build-to-rent investment partnership. The partnership, which has an initial target to invest 1.5 billion pounds ($2.6 billion) in the sector, will begin with an investment of about 450 million pounds ($772 million) in the development of a new phase of homes in London’s Elephant and […]
The prices of global real estate investment trusts will likely rise in 2018, reaching returns of between eight and 10 per cent, according to a report by Timbercreek Asset Management Inc. “We hear everyday about the continued highs that equities make and continued momentum and the concerns around valuations: Can this keep going?” says Corrado Russo, senior managing director […]
The Canada Pension Plan Investment Board is forming a joint venture with real estate developer Cortland Partners and global investment firm GIC Private Ltd. to invest US$550 million in the acquisition and renovation of nearly 10,000 multifamily units in the United States. The CPPIB and GIC will each own a 45 per cent interest in the joint […]
The Canada Pension Plan Investment Board has invested a further US$1.1 billion in its U.S.-based student housing portfolio. As part of its joint venture with global investment firm GIC Private Ltd. and the Scion Group, a U.S. owner and operator of student housing communities, the pension fund has acquired 24 new assets across 20 campuses. “This is a compelling investment […]
Aon has completed its acquisition of the Townsend Group, a U.S.-based investment management and advisory service provider with a focus on real estate and real assets. “We are excited to welcome the Townsend organization into Aon and further enhance our investment solutions in areas that are of increasing importance to our clients,” said Cary Grace, chief executive officer […]
When it comes to the most popular investment stories of the year, Benefits Canada‘s biannual top money managers’ rankings were at the top of the list in 2017, with many readers also interested in the affect on pension plans of the Canadian dollar’s rise and interest rate boosts. Benefits Canada rounds up your favourite investment stories of 2017: […]
For some investors, tradition isn’t cutting it anymore. Rock-bottom interest rates are squeezing fixed-income returns, and the need to diversify through sturdy, lower-risk assets is apparent. While low volatility in equity markets is comforting, how long will it last? “We don’t know when but we’re pretty sure the equity market will correct, maybe severely,” says […]
Institutional investors should anticipate next year to be one of increasing volatility.
The Canada Pension Plan Investment Board is investing $320 million for a stake in Goodman Hong Kong Logistics Partnership. The partnership, which was founded in 2006, held over $4.7 billion in assets as of Sept. 30. This includes a 50 per cent stake in Hong Kong-based warehouse and distribution development Goodman Interlink, which is co-owned by the CPPIB. […]
The majority of global institutional investors anticipate 2018 will be a year of increasing volatility in both the bond (70 per cent) and stock (78 per cent) markets, according to Natixis Investment Managers. Its latest survey, which polled 500 institutional investors in North America, Latin America, Europe, Asia and the Middle East, found that 72 per cent of […]