APG, CPPIB partner to buy retail shops

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CANADA/NETHERLANDS - The Canada Pension Plan Investment Board and APG have teamed up to buy a 50% in a Westfield Stratford City in London.

The two funds will pay a combined £871.5m ($1.4bn), valuing the development at £1.7bn. "We are pleased to be able to expand our long-term partnership with both CPPIB and APG through the joint ve...

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