Goodman Group and Canada Pension Plan Investment Board (CPPIB) announced today that they have committed an additional US$1.75 billion of equity to the Goodman China Logistics Partnership (GCLP), 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. GCLP was established in 2009 to invest in high-quality logistics properties in prime locations across mainland China. With a …

CPPIB And Goodman Increase China Equity Commitment To $5B appeared first on China Money Network.