PropertyEU

CPP invests EUR 396m in Prologis fund

By A staff reporter 2007-08-22T00:00:00

Canada's CPP Investment Board has invested CAD$570 mln (EUR 396 mln) in Prologis European Fund II, a vehicle that buys and manages distribution facilities in Europe. The investment by Canada's second-largest pension fund manager represents about 17% of the Prologis fund.

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