CPP Investments’ Q1 FY2026 Moves Signal Strategic Rebalancing in Canadian Real Estate
- ClearView Insider
- Sep 5
- 1 min read
In its first-quarter report, CPP Investments revealed its net assets reached $731.7 billion, while executing two notable Canadian transactions:
Strategic Office Disposition
CPP sold its 50% stake in a premium office portfolio comprising seven Class AAA/A properties in Calgary and Vancouver, netting C$730 million. In Calgary, the assets included:
Eau Claire Tower (LEED Gold-certified, 25-storey, built 2016)
Centennial Place (1.3 million sq. ft., built 2010)
400 Third (45-storey, 820,000 sq. ft., built 1988)
Hyperscale Data Centre Financing
On the growth front, CPP committed C$225 million in construction financing for an expansion of a data centre in Cambridge, Ontario—covering half of the project budget alongside Deutsche Bank.
These moves illustrate a clear repositioning: deploying capital away from mature office assets in core markets, while embracing opportunities in infrastructure and digital-driven sectors.
Source: CPP Investments. CPP Investments net assets total $731.7 billion at first quarter fiscal 2026. News Release, Toronto, August 14, 2025. https://www.cppinvestments.com/newsroom/cpp-investments-net-assets-total-731-7-billion-at-first-quarter-fiscal-2026/
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