In other news, the Ontario Teachers’ is investing in two Germany-based logistics assets through its joint venture with Boreal IM. The assets include a 37,000 square-metre warehouse and a 27,000 square-metre warehouse that’s set to be completed by the first quarter of 2025.
“We are pleased to see the continued growth of the portfolio in Germany, a key market for us,” said Jenny Hammarlund, senior managing director of real estate at the Ontario Teachers’, in a press release. “These assets represent the JV’s success in finding and executing outsized opportunities for value creation in prime markets in Europe.”
Source: Benefits Canada
