Parties
Company
Canada Pension Plan Investment Board (CPP Investments)
Company
Goodman Group
CPP Investments earned US$2.2 billion (C$3.02 billion) in net proceeds from its exit on January 3, 2025 from the Goodman North American Partnership (GNAP), a 45-55 venture with Australia’s Goodman Group formed in 2012 to invest in North American logistics and industrial properties. The exit highlights the partnership's strong performance.
Max Biagosch of CPP Investments emphasized the returns and reinvestment potential, while Goodman Group’s Greg Goodman praised the collaboration. Debevoise & Plimpton LLP advised CPP Investments on the transaction.
Deal Type
Merger & AcquisitionIndustry
OtherTransaction
$ 3,020,000,000Deal Status
ActiveClosing Date