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A new joint venture seeks to build new lab space in leading U.S. markets. The Canada Pension Plan Investment Board and Greystar Real Estate Partners have joined forces as part of a new joint venture armed with $1.2B in equity in pursuit of life sciences real estate opportunities in the U.S. The partnership plans to develop Class-A life sciences office and lab buildings “in leading U.S. life science markets” with Greystar, which traditionally focuses on multifamily properties, operating the portfolio.  The investment management and development platform Greystar has built in the U.S. is unmatched, and the opportunities in life sciences offer another sector where we can build an in-house team of experts and help match the supply with the demand, Greystar founder, Chairman and CEO Bob Faith said in a statement.  

East cambridgeUnited statesCanada pension plan investment boardGreystar real estate partnersகிழக்கு கேம்பிரிட்ஜ்ஒன்றுபட்டது மாநிலங்களில்கனடா ஓய்வூதியம் திட்டம் முதலீடு பலகைகிரேஸ்டார் ரியல் எஸ்டேட் கூட்டாளர்கள்