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CPPIB buys into Indian logistics amid rising investor interest Add to ...

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Canada Pension Plan Investment Board is forging ahead with its plans to make significant new investments in India, taking a large stake in an industrial real estate partnership.

The country’s largest pension fund said Monday that it would spend $500-million (U.S.) to buy and develop modern logistics real estate, such as warehouses and industrial parks, through a joint venture with a local partner called IndoSpace.

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