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Access here alternative investment news about India: Everstone, Canada Pension Fund Set Up Logistics JV IndoSpace Core
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India: Everstone, Canada Pension Fund Set Up Logistics JV IndoSpace Core

by dealstreetasia.com posted 1year ago 499 views
<p>Canada Pension Plan Investment Board&nbsp;(CPPIB) and&nbsp;Everstone Group&rsquo;s industrial and logistics real estate development platform,&nbsp;IndoSpace, have formed a joint venture named IndoSpace Core to acquire and develop modern logistics facilities in India, according to a statement on Monday.</p> <p>The Canadian pension fund will initially commit approximately $500 million and own a significant stake in the proposed joint venture. IndoSpace Capital Asia will manage the new entity.</p>