The Daily Buyout
$420MStrategic acquisitionReal EstateCompleted

CPP Investments and Dream close $585.8M GTA industrial buy

A joint venture formed in December 2025 by Canada Pension Plan Investment Board, Dream Unlimited and Dream Industrial REIT acquired an industrial portfolio in the Greater Toronto Area for $585.8 million. The portfolio comprises five newly developed mid- and large-bay logistics assets totaling about 2.1 million square feet.

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