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

Jonathan Stapleton
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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,...

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