16.02.2012 - CPPIB eyes real estate deals amid turbulence
Canada Pension Plan Investment Board, fresh from striking its biggest real estate deal ever, is weighing three or four other acquisitions as it looks to scoop up undervalued assets in a tumultuous global property market. CPPIB, with C$153 billion ($153.38 billion) in managed assets, is mostly interested in property in emerging market powerhouses such as Brazil and China, with their strong long-term growth outlooks, said Graeme Eadie, senior vice president for real estate investments at CPPIB, one of Canada's largest pension fund administrators. But it might also unearth value in more established centers such as London...............................................Full Article: Source
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