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Canada Pension Plan Investment Board Acquires 50% Interest in Premier New Industrial Facility in Hong Kong |
June 29, 2011
TORONTO, ONTARIO--(Marketwire - June 29, 2011) - The Canada Pension Plan Investment Board (CPPIB) announced today that it has acquired from Goodman Group 50% of the shares in Hong Kong Interlink, an industrial facility currently under development in Tsing Yi, Hong Kong. The gross purchase price of this interest is approximately C$285 million. CPPIB is making an equity commitment of approximately C$205 million and assuming debt of approximately C$80 million to purchase the 50% interest.
http://www.marketwire.com/mw/release.do?id=1533225&sourceType=3
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