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Goodman And Canada Pension Plan Investment Board Increase China Equity Commitment To Us$5 Billion

by benzinga.com posted 1year ago 42 views
Goodman and Canada Pension Plan Investment Board Increase China Equity Commitment To US$5 Billion PR Newswire BEIJING and TORONTO, Aug. 22, 2018 BEIJING and TORONTO, Aug. 22, 2018 /PRNewswire/ -- Goodman Group (Goodman or the Group) and Canada Pension Plan Investment Board (CPPIB) have committed an additional US$1.75 billion of equity to the Goodman China Logistics Partnership (GCLP or Partnership), increasing their total equity commitment to US$5 billion. The additional equity will be made on an 80:20 basis, with CPPIB allocating US$1.4 billion and Goodman US$350 million, consistent with the Partnership's equity structure.

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