CPPIB to increase global real estate credit exposure

The Canadian pension fund is looking to increase its real estate credit assets under management to around $6.2bn to $7.7bn in the next five years.

Toronto-based Canada Pension Plan Investment Board plans to increase its exposure to real estate credit globally, with a target to achieve about C$8 billion ($6.17 billion; €5.13 billion) to C$10 billion in assets under management in the next five years.

PERE understands that the Canadian pension fund currently has around C$4.5

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