30.10.2008 - CPPIB set to bargain-hunt for real estate
From Globeinvestor.com: The Canada Pension Plan Investment Board (CPPIB) has set aside at least $1.4-billion to bargain-hunt during the credit crunch for top-quality office and retail properties in the United States and the United Kingdom. In addition to this capital, which will be invested in opportunistic real estate funds run by managers including The Blackstone Group and Morgan Stanley, the CPPIB is also searching for direct investments, said Graeme Eadie, senior vice-president of real estate investments at the CPPIB. ..... Full Article: Source
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