While no one can know for certain if inflation is coming bank, David Zanutto, senior investment consultant at Mercer, says that the risks of inflation moving higher have increased. He points particularly to low levels of unemployment, which could translate to wage growth and higher inflation. Other factors that could lead to higher inflation include […]
The Caisse de dépôt et placement du Québec’s real estate arm is forming a second investment vehicle for projects in the province’s urban centres. Ivanhoé Cambridge is partnering with investment firm Claridge Inc., as well as local developers, to grow its real estate portfolio in Montreal and Quebec City. Read: Ivanhoé Cambridge launches joint venture in Brazilian logistics […]
Whether it’s Black Friday lineups or online shopping on Cyber Monday — investors may be questioning what the rise in online shopping means for brick-and-mortar retail investments. Will Robson, executive director and head of real estate applied research at MSCI Inc., wrote about this topic in a blog post earlier this year based on an […]
The Canada Pension Plan Investment Board’s subsidiary, the CPP Investment Board Europe, is forming a partnership to develop logistics facilities across Europe. GLP Continental Europe Development Partners I, a partnership between the pension fund, Canadian real estate firm QuadReal Property Group and global logistics firm GLP CDP I, will develop logistics facilities in Belgium, France, Germany, Italy, the Netherlands […]
Increasing exposure to less liquid, alternative assets like infrastructure, real estate and private equity hasn’t created difficulty for Canadian pensions in repaying creditors, according to a report by Moody’s Corp. As pension portfolios have increased their allocations to alternatives, with these assets now making up close to 40 per cent of Canadian plan’s investments, concerns around liquidity […]
The Public Sector Pension Investment Board, alongside global real estate developer Tishman Speyer Properties, is selling Parisian office building Tour Pacific to Société Générale Insurance Group. After taking on the 53,000 square metre office building in 2013, the two investors renovated and refurbished it, adding 30 tenants. The building features a office spaces, a conference centre, fitness space and […]
The Caisse de dépôt et placement du Quebec’s real estate investment arm, together with Prologis Inc., is launching a joint real estate venture in Brazil. The Prologis Brazil logistics venture will aim to develop and operate Brazilian logistics spaces in São Paulo and Rio de Janeiro, acquiring an initial portfolio of 641,030 square metres of operating properties along with more […]
Ivanhoé Cambridge, the real estate subsidiary of the Caisse de dépôt et placement du Québec, has acquired an office building in Nanterre, France. The building, called HUB 247, is currently under construction with an expected completion date in early 2020. The project is located in Nanterre’s Cœur Université district and is being developed by Bouygues […]
Factoring environmental, social and governance considerations into investment decisions is good risk management, according to one pension plan sponsor. “Definitely for real assets, we see it presenting risks, but also opportunities,” said Donna Mathieu, chief executive officer of NAV Canada Corp.’s pension plan, while speaking on a panel at the Canadian Pension and Benefits Institute’s 2018 […]
As the investment landscape gets more complicated, defined contribution pension plan members’ investment options need to keep up, said Chhad Aul at the 2018 Defined Contribution Investment Forum in Toronto in September. Portfolio managers are currently operating in a unique environment, said Aul, portfolio manager at Sun Life Global Investments. This includes the easing off of many central banks’ […]