Canada's largest pension fund is making its first direct investment in South Korea's hotel sector, committing nearly C$500 million to a platform that will pursue acquisitions in Seoul's luxury hospitality market.
CPP Investments enters South Korean hotel market with major investment
Pension fund says country is 'compelling next step' in its Asia-Pacific hospitality strategy
CoStar News
August 17, 2026 | 9:46 P.M.
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IN THIS ARTICLE
- Properties
- Grand Hyatt Seoul
322 Sowol-ro, Hannam-dong, Yongsan-gu, Seoul, SEO
- Grand Josun Busan
292, Haeundae Haebyun-ro, Jung-dong, Haeundae-gu, Busan, BUS
- Companies
- Canada Pension Plan Investment Board
Finance and Insurance
- Contacts
- Gilles Chow
MD, Head Real Estate Asia Pacific, Canada Pension Plan Investment Board
- Esby Kim
Representative Director, BlueCove Investment