BT Pension Scheme teams up with Canada Pension Plan to form property joint venture

Jonathan Stapleton
clock

The BT Pension Scheme (BTPS) and the Canada Pension Plan Investment Board (CPPIB) have formed a 50:50 property joint venture.

The portfolio will initially include eight Central London office assets from BTPS's existing portfolio. CPPIB will invest £173.9m to acquire a 50% interest in this core-plus/value-add portfolio,...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Property

Railpen to deliver £180m Cambridge construction portfolio

Railpen to deliver £180m Cambridge construction portfolio

£89m contract secured with Morgan Sindall to build 180,000sq ft campus in central Cambridge

Jasmine Urquhart
clock 14 January 2025 • 1 min read
PIC forms housing venture with Muse and Homes England

PIC forms housing venture with Muse and Homes England

‘Habiko’ joint venture will aim to deliver 3,000 affordable homes for rental over next 12 years

Jasmine Urquhart
clock 04 November 2024 • 2 min read
LGPS Central property fund acquires London retail park

LGPS Central property fund acquires London retail park

Acquisition of Goodmayes Retail Park marks third since LGPS pool’s property fund launch

Jasmine Urquhart
clock 22 March 2024 • 1 min read
Trustpilot