Canada's biggest pension fund, the C$125bn (US$81bn) Caisse de dépôt et placement du Québec (CDP), has bought a 45% stake in New York property One Park Avenue for C$360m from SL Green Realty.
The purchase, made by CDP's real estate investment management division SITQ Immobilier, is the fund’s first in Manhattan. One Park Avenue is a 20-story office building with approximately 913,000 sq...
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