CPPIB and Singapore GIC team up to launch Brazilian property portfolio

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BRAZIL - The Canada Pension Plan Investment Board (CPPIB) and the Government of Singapore Investment Corporation (GIC) have teamed up with a Brazilian real estate developer to build a portfolio of commercial real estate properties.

The CPPIB said yesterday that it and GIC Real Estate entered into a joint venture with Cyrela Commercial Properties Empreendimentos e Participações (CCP). The venture will focus on development, ...

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