CPPIB pumps $850 million into hard assets, sensing market froth

Indonesia Berita Berita

CPPIB pumps $850 million into hard assets, sensing market froth
Indonesia Berita Terbaru,Indonesia Berita utama

Plowing money into property, wind farms and logistics facilities

Separately, the pension giant is committing as much as EU245 million to its U.K.-based affiliate, Renewable Power Capital Limited, to support its first investment in a portfolio of three wind farms in Europe.

On Jan. 4, CPPIB said it would set up a new Indonesia venture with LOGOS Property Group to develop logistics facilities in Greater Jakarta. The Canadian fund will invest US$200 million into the venture to build facilities for logistics, data-centre and industrial tenants.Article content continued To Mark Machin, the chief executive officer of the $457 billion fund, the exuberance in public markets is a signal to extend his fund’s already-huge bet on private assets, he said in a recent interview.

 

WTF Can’t trust anything related to this government with our pensions invested! Wind farms give - me a break!

Indonesia Berita Terbaru, Indonesia Berita utama



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