TORONTO – The Canada Pension Plan Investment Board and IndoSpace say their IndoSpace Core joint venture has acquired six industrial and logistics parks in India for $471 million.
They say the six assets are located in India’s key markets, including Bengaluru, Chennai, Delhi, Mumbai and Pune.
CPP Investments will commit $217 million to fund the acquisition.
IndoSpace chief executive Anshuman Singh says the deal further reinforces the strength of the company’s partnership with CPP Investments, built on a shared belief in India’s potential as a global hub.
IndoSpace Core was established in 2017 to acquire and develop logistics facilities in India.
CPP Investments owns 93 per cent of the joint venture.
This report by The Canadian Press was first published Nov. 25, 2025.
