Parties
Company
PSP Investments
Company
Unilever Canada Inc.
In 2024, the Public Sector Pension Investment Board (PSP Investments) sold its stake in the industrial property at 7900 Airport Road, Brampton, Ontario, to Unilever Canada Inc. This facility, a 744,413-square-foot LEED Gold-certified building, serves as a major hub for Unilever's Canadian operations. The transaction was facilitated by Davies Ward Phillips & Vineberg LLP, with partner Pawel (Paul) Mielcarek acting on behalf of PSP Investments. This sale aligns with PSP Investments' strategy to optimize its real estate portfolio and Unilever's commitment to enhancing its operational infrastructure in Canada.
Deal Type
Merger & AcquisitionIndustry
InfrastructureTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
02 January 2024