Caisse manages nearly $155 billion of pension and insurance funds in Canada and North America while Ivanhoe has 70 shopping centres in Canada, the US, Europe and Latin America, totalling 46 million sq ft.
The logistics segment is becoming a hot favourite of private equity, of late.
'Or because I am getting a s**tload of money.'
According to experts, banks have found better arbitrage opportunities in dollar terms in mature economies with mortgage and leverage rather than take equity exposure on Indian real estate.
It is raining private equity funds in the logistics and warehousing space.
Canada Pension Plan Investment Board has stringent processes and systems, which are proving to be a stumbling block