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Canada's largest pension fund exits retail investment platform in India

CPP Investments agrees to sell 49% stake in joint venture with Phoenix Mills for $871 million
Phoenix MarketCity Bangalore is a shopping mall in Bengaluru, India. (CPPIB)
Phoenix MarketCity Bangalore is a shopping mall in Bengaluru, India. (CPPIB)
CoStar News
July 25, 2025 | 10:01 P.M.

Canada's largest pension plan is selling its interest in a real estate joint venture in India that has been developing mixed-use projects in the country for several years.

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