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03

PSP, AIMCo Buying Canadian Real Estate?

By Tony Seruga

The Public Sector Pension Investment Board has entered an agreement to purchase the Downsview industrial property owned by Bombardier Inc. in Toronto.

“This investment is a perfect fit for PSP as it supports our long-term real estate investment strategy,” said Neil Cunningham, president and chief executive officer of PSP Investments.

“We have a stellar track-record in working with large, complex projects across our entire investment portfolio, and we are proud of our continued commitment to investing in Canada.”

Bombardier has owned and operated the site since the early 1990s, using it to manufacture and test its Global series and Q400 aircraft…

PSP, AIMCo Buying Canadian Real Estate?

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