Canada's CPPIB sells its stake in a logistics partnership with Australia's Goodman Group for $2.2 billion.

The Canada Pension Plan Investment Board (CPPIB) is selling its 45% stake in a logistics partnership with Australia's Goodman Group, established in 2012. This sale, which will yield about $2.2 billion, allows CPPIB to lock in profits and reallocate capital to new ventures. The partnership focused on industrial properties in North America, and both companies still collaborate in other markets.

3 months ago
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