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United Kingdom

Boston Properties And Canada Pension Plan Investment Board Complete The Acquisition Of Santa Monica Business Park


Monday, 23 Jul 2018 

July 23 (Reuters) - Boston Properties Inc ::BOSTON PROPERTIES AND CANADA PENSION PLAN INVESTMENT BOARD COMPLETE THE ACQUISITION OF SANTA MONICA BUSINESS PARK IN SANTA MONICA, CALIFORNIA.BOSTON PROPERTIES SAYS CO, CANADA PENSION PLAN INVESTMENT BOARD HAVE FORMED A JOINT VENTURE & COMPLETED THE ACQUISITION OF SANTA MONICA BUSINESS PARK.BOSTON PROPERTIES SAYS AS PART OF THE JV, CPPIB WILL INVEST US$147.4 MILLION FOR A 45% OWNERSHIP IN THE SANTA MONICA BUSINESS PARK.