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Back to Home » February 2017 News » Canada Pension Plan Investment Board Signs Agreement to Acquire 24.5% Interest in Houston Office Portfolio |
Canada Pension Plan Investment Board Signs Agreement to Acquire 24.5% Interest in Houston Office Portfolio |
February 18, 2017
TORONTO, ONTARIO--(Marketwired - Feb. 17, 2017) - Canada Pension Plan Investment Board (CPPIB) announced today that it has signed an agreement to acquire an interest in Greenway Plaza and Phoenix Tower (collectively, the Greenway Portfolio), an office portfolio in Houston, Texas, from Parkway, Inc. (Parkway) for an equity investment of US$141 million. The transaction values 100% of the property at US$1.045 billion.
Source URL: http://www.marketwired.com/mw/release.do?id=2196995&sourceType=3
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