CPPIB backs UK shopping centre with £250m loan

Canada Pension Plan Investment Board has provided a £250 million ($328 million; €281 million) junior loan to intu Properties, according to Real Estate Capital’s sister title, Private Debt Investor. The UK shopping centre company is owner of the Trafford Centre in Manchester, valued at £2.3 billion, and the Lakeside Shopping Centre in Essex, valued at £1.4 billion. The company […]