UPDATE 1-Canada's CPPIB targets India office market with $200 mln JV deal

Newswire

By Euan Rocha and Indulal PM TORONTO/MUMBAI, Nov 28 (Reuters) - Canada Pension Plan Investment Board (CPPIB) will invest $200 million to get an 80 percent stake in a real estate joint venture with India's Shapoorji Pallonji Group, its first foray into the property market in Asia's third-largest economy. The joint venture will invest in leased income-producing office buildings, according to a statement issued by the two parties on Thursday. ...

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