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Tricon, CPP Investments Unveil $1.4 Billion Toronto Multifamily Development Plan

Joint Venture Aims To Provide $500 Million in Equity, Create Up to 3,000 Units
Toronto's apartment market is set to get a boost in supply thanks to a new joint venture from Tricon Residential and CPP Investments. (iStock)
Toronto's apartment market is set to get a boost in supply thanks to a new joint venture from Tricon Residential and CPP Investments. (iStock)
CoStar News
March 23, 2021 | 8:51 P.M.

Tricon Residential is teaming up with Canada's largest pension fund on a joint venture that plans to create $1.4 billion of multifamily housing in the Greater Toronto Area.

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