The Ontario Teachers' Pension Plan has sold its minority stake in five regional malls to Macerich, a U.S.-based real estate investment trust, in a US$1.89-billion deal.
The Canada Pension Plan Investment Board (CPPIB) and Hermes Real Estate have formed a new U.K. regional joint venture.
The real estate subsidiary of the Caisse de dépôt et placement du Québec, Ivanhoé Cambridge, has purchased an approximate 40% interest in a portfolio of properties located in downtown Denver from the Canada Pension Plan Investment Board for more than US$200 million ($225.9 million).
InnVest Real Estate Investment Trust and KingSett Real Estate Growth LP No. 5 have entered into an agreement with Ivanhoé Cambridge, the real estate arm of the Caisse de dépôt et placement du Québec, to acquire an 80% interest in the Fairmont Royal York Hotel in Toronto.
The Canada Pension Plan Investment Board is expanding its real estate portfolio in Brazil with additional equity commitments to logistics and retail assets totalling about $445 million.
Manulife's American division, John Hancock, has acquired an office tower in Orange County, Calif., for an undisclosed amount.
A company co-owned by the Caisse de dépôt et placement du Québec’s real estate subsidiary is making an investment in Eastern Europe.
Money will go to mixed-use urban communities.
The Caisse de dépôt et placement du Québec's real estate subsidiary, Ivanhoé Cambridge, plans to invest up to US$500 million in the development of mixed-use urban communities in Mexico.
Manulife and Ivanhoé Cambridge, the Caisse de dépôt et placement du Québec's real estate subsidiary, have entered into a co-venture agreement to develop, own and operate the 900 de Maisonneuve West office building development project in downtown Montreal.