Bengaluru: Canada Pension Plan Investment Board (CPPIB) emerged as the top real estate investor in the January-June period this year, as overall private equity and debt investments in the sector touched $1,597 million. Investors put in around $1,096 million in equity in real estate projects and $501 million in debt financing, totalling $1,597 million, according to data by News Corp. VCCEdge. CPPIB and Everstone Group’s industrial and logistics real estate development platform, IndoSpace, announced a joint venture (JV) named IndoSpace Core in May to acquire and develop modern logistics facilities in India. “CPPIB is a significant investor in India, with investments totalling approximately C$5.8 billion. India’s real estate sector has witnessed a four-year-long slowdown that continues, resulting in tepid home sales, slow launches and a severe liquidity crunch impacting most developers.

Source: Mint July 11, 2017 18:56 UTC