Canada Pension Plan joins Oxford on St. John’s Terminal megaproject

Oxford Properties Group has brought on Canada Pension Plan as an equity partner for the office and retail portion of the massive St. John’s Terminal site. The firms closed on the $700 million purchase of the south site Wednesday, bringing the site’s total capitalization of $1.3 billion, sources told The Real Deal. Canadian Pension Plan, also known as CPP, has taken a 47.5 percent stake in the south site, which offers 1.3 million square feet […]

Source: Real Estate

Leave a Reply

Your email address will not be published. Required fields are marked *