Dutch fund APG, CPPIB ink JV for $500 mln S.Korea logistics expansion
November 16, 2015 at 03:35 AM EST
HONG KONG, Nov 16 (Reuters) - Dutch pension fund manager APG Asset Management and Canada Pension Plan Investment Board (CPPIB) signed an agreement to own and develop logistics real estate in South Korea with warehousing developer e-Shang, with planned initial investments of $500 million.