CPP Investments, Dream Industrial REIT, and Dream Asset Management Corporation Form $3 Billion Joint Venture for Canadian Industrial Assets
Core Insights - Canada Pension Plan Investment Board (CPP Investments), Dream Industrial Real Estate Investment Trust, and Dream Asset Management Corporation have formed a joint venture to acquire last-mile industrial properties in major Canadian markets [1] Investment Details - The joint venture has allocated a total of $1.1 billion in equity capital for this initiative [1] - CPP Investments is contributing $1.0 billion, which represents 90% of the total equity capital [1]