Page 6 - பிரிட்டிஷ் கொலம்பியா முதலீடு மேலாண்மை நிறுவனம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

CPP Investments Eyes Lowering Stake in Low-Credit Rated Puget Energy

CPP Investments Eyes Lowering Stake in Low-Credit Rated Puget Energy Posted on 03/09/2021 The Canada Pension Plan Investment Board (CPP Investments) is contemplating lowering its ownership stake in utility Puget Energy Inc. CPP Investments hired an adviser to lower its 31.6% stake by around 10%. CPP Investments would like to get around US$ 700 million for the stake, valuing Puget Energy with an enterprise value of up to US$ 7 billion. Puget Energy’s main operating unit is Puget Sound Energy. Puget Sound Energy is the largest electric and gas utility based in Washington. In January 2021, Puget Sound Energy announced plans to reduce its carbon emissions to net zero by 2045.

United statesUnited kingdomPuget soundPuget holdingsBritish columbia investment management corporationAlberta investment management corpBritish columbia investment management corpAlberta investment management corporation aimcoPuget sound energyCredit rated puget energyPuget energyPuget equicoPuget sound energy incPuget energy incMacquarie group ltdEyes lowering stake

South Korea Now No 2 Source of Foreign Investment in US CRE

South Korea Now No 2 Source of Foreign Investment in US CRE
therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.

United statesUnited kingdomSouth koreaSouth koreansSouth koreanMichael shvoBritish columbia investment management corporationQuadreal property groupKorea national pension serviceHana financial groupStockbridge capital groupBrookfield asset managementReal capitalCanada based brookfield asset managementNational pension serviceOne madison

BlackRock Closes on $1 2B for Asia Property Fund V

Mingtiandi Username Blackrock sold a Singapore building last month at a 34% markup The pile of capital aimed at Asian real estate opportunities has just grown by $1.175 billion as the largest asset manager in the US announced its latest funding milestone today. BlackRock raised the cash for BlackRock Asia Property Fund V, a value-add strategy that has now reached its closing. “The successful fundraise demonstrates the strong confidence and trust our investors have placed in the investment capabilities and value offered by BlackRock,” said John Saunders, head of BlackRock Asia Pacific Real Estate. The New York-based firm, which managed over $60 billion in real assets as of 31 December 2020, revealed the closing on the investment vehicle less than two years after it was first known to have begun raising funds.

North sydneyNew south walesUnited kingdomHong kongSouth australiaUnited statesHamish macdonaldJohn saundersGeraldine buckinghamBenett theseiraSaunders blackrockEbook john saundersBlackrock asia pacificAsia pacificElizabeth plazaLogistics forum