Canadian pension fund invests in JV with Pavilion Group


KUALA LUMPUR: The largest pension fund manager in Canada will invest RM485mil for a 49% interest in its joint venture (JV) with Pavilion Group to develop Pavilion Damansara Heights – a mixed-used property in Kuala Lumpur.

This is Canada Pension Plan Investment Board’s (CPPIB) first direct real estate investment in the region.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

JPMorgan to keep Asia hiring pace after corporate bank growth tops 20%
Trading ideas: MN, AME Elite, Hektar REIT, Inta Bina, Hextar Retail, Industronics, Econframe, United Asiapac, Hup Seng, Well Chip
Singapore GDP grows 5.9% y-o-y in Q2, government raises 2026 forecast on AI boom
Wall Street sees signs of bond-market angst
If I were palm oil in your bathroom mirror
Minimal impact likely from Farm Fresh Cambodian job�
Bond market to stay firm despite foreign outflows
Eurozone set for firmer growth after bumper 2Q
Double-track rail push to support Thailand’s economy
China domestic travel shows strong growth in 1H

Others Also Read