realestate

CPP Partners with Kennedy Wilson on Real Estate Joint Venture

Canada Pension Plan Investment Board partners with Kennedy Wilson for £1 billion UK real estate investment.

C
anada Pension Plan Investment Board (CPP Investments) has partnered with Kennedy Wilson to target £1 billion ($1.3 billion) in assets, expanding its real estate portfolio. The agreement sees CPP Investments commit £500 million initially, while Kennedy Wilson invests £56 million. This partnership will focus on U.K. single-family rental properties.

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CPP executives in meeting with Kennedy Wilson representatives at a real estate office.