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ILP IV will allow us to continue to expand our unique national network to better serve our customers. CPP Investments is a professional investment management organization that manages the Fund in the best interest of the 21 million contributors and beneficiaries of the Canada Pension Plan.
Following the investment in ILP IV, the CPP Investments and IndoSpace partnership will exceed $1 billion in assets. This is the latest venture between CPP Investments and IndoSpace
The fund, IndoSpace Logistics Parks IV, is targeting $600m in total equity commitments.
The Canadian pension fund has developed a bullish approach to opportunities in owning modern warehouses throughout Asia.
The JV will focus on premium micro-markets such as Pune, Mumbai, Delhi-NCR and Bengaluru.