CPP Investments and Lendlease selling Elephant Park rental portfolio to Greystar

TORONTO — The Canada Pension Plan Investment Board and real estate group Lendlease have signed a deal to sell their Elephant Park residential portfolio in London to Greystar.

CPP Investments is expected to receive C$670 million in net proceeds under the deal for the 904-home portfolio.

Lendlease, an Australian firm, is expect to receive A$260 […] ...