Bridge Industrial and CPP Investments to form a $789m joint venture.

Bridge Industrial, a private equity real estate operating company, and CPP Investments, an investment management organization, agreed to form a $789m joint venture to invest in high-quality industrial properties in several core markets across the United States. “The industrial sector’s favourable market dynamics position this joint venture well to deliver strong returns for the CPP Fund [...] Bridge and CPP Investments have a shared vision of the value and opportunity in the sector, and we’re pleased to expand our partnership,” Sophie van Oosterom, CPP Investments Managing Director and Head of Real Estate.