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New Canadian Venture Hunting for $1 Billion in U.S. Industrial Real Estate

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Toronto-based WPT Industrial Real Estate Investment Trust is teaming up with two major Canadian pension funds to create an investment vehicle to pump up to US$1 billion of equity into the U.S. industrial market. The Canada Pension Plan Investment Board, which has about $356.1 billion under management and invests funds not currently needed for CPP benefits, is joining with Alberta Investment Corp., which has $107.1 billion under management and invests...

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