Announced

SUNWOOD SINGAPORE APG CPPIB JV / CANADA PENSION PLAN INVESTMENT BOARD / APG ASSET MANAGEMENT / SUNWOOD SINGAPORE HOLDING PTE LTD / Private / Joint Venture / £32m

Synopsis

Sunwood Singapore Holding Pte. Ltd., a portfolio company of Shang Cayman Limited, formation of a joint venture platform in Singapore with Dutch pension asset manager APG Asset Management N.V. and Canada Pension Plan Investment Board, which will invest in Korean logistics assets.

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