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RMZ Corp and CPP Investments announce commercial real estate development joint venture in India ANI | Updated: Apr 12, 2021 09:35 IST Bangalore (Karnataka) [India], April 12 (ANI/PRNewswire): RMZ Corp, one of Asia's largest privately-owned real estate owners & developers and Canada Pension Plan Investment Board ("CPP Investments") announced today that they have entered into a joint venture to develop and hold commercial office space in Chennai and Hyderabad. CPP Investments will invest Rs 15,000,000,000 (USD 210 million), which will allow for the expected...

RMZ raises Rs 1,500 crore from Canada Pension Plan Investment Board SECTIONS Share Synopsis “The partnership with CPP Investments will only strengthen our vision of achieving our hyper-growth strategy target of RMZ 2.0. The value of the partnership assets, once developed, is estimated to be over $1.5 billion,” said Manoj Menda, corporate chairman, RMZ Corp. ET Bureau Real estate builder RMZ Corp has raised ₹1,500 crore from Canada Pension Plan Investment Board (CPP Investments) to develop commercial projects in the southern market. The equal joint venture will see both the partners dev...