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CPP Investments Sells Partial Stake in Korea Development Venture

Canada Pension Plan Investment Board (CPP Investments) today announced it has agreed to a restructure and sale of a 21% partial interest in the Kendall Square Development Venture (KDV I) in South Korea. Net proceeds to CPP Investments from the sale will be approximately US$245 million.

ESR expands Korea development JV with APG, CPPIB to $2b

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