Canada’s largest pension fund is investing US$210 million in a joint venture with India’s RMZ Corp to develop 10.4 million square feet of office space in the southern Indian cities of Chennai and Hyderabad. The assets will have an estimated value of over $1.5 billion once they are developed, RMZ Chairman Manoj Menda says in a statement issued jointly with the Canada Pension Plan Investment Board (CPP Investments) on April 12. “As India continues to be a strong source of global talent, demand for collaborative and engaging work space is expected to grow,” adds Hari Krishna, CPP Investments’ managing director for real estate – India.