CPPIB acquires Centro stake for EUR 270m

By A staff reporter 2011-05-17T00:00:00

The Canadian Pension Plan Investment Board (CPPIB) has added a 50% stake in the massive Centro Oberhausen shopping centre in Germany to its growing portfolio of real estate investments in Europe. CPPIB's equity investment in the EUR 1.3 bn 'super-regional' centre comes to EUR 270 mln.

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