Canada Pension Plan Investment Board and Goodman Group to form an AUD14bn joint venture.

Canada Pension Plan Investment Board and Goodman Group agreed to form a AUD14bn joint venture to develop a portfolio of data centre projects in Frankfurt, Amsterdam and Paris. “We are pleased to expand our longstanding partnership with Goodman Group and establish a strong European foothold in the data centre sector across key Tier 1 markets, aligned with our global data centre strategy. By combining Goodman’s extensive development capabilities and powered landbank, with our global expertise in digital infrastructure investments, this partnership allows us to capitalise on a compelling growth opportunity for the long-term benefit of CPP contributors and beneficiaries," Max Biagosch, CPP Investments Senior Managing Director and Global Head of Real Assets.