CPP invests further C$100m in real estate

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CANADA - Following Canada Pension Plan (CPP) Investment Board's $190m real estate investment with RioCan, Canada's largest real estate investment trust at the start of May, CCP will invest a further $100m in a redevelopment of Centre Mall in Hamilton, Ontario.

Co-owner and operating partner Osmington Inc. will be leading the redevelopment plans for the shopping centre. CPP said: “Construction will begin in this fall and will be completed by 2008, the red...

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