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The firms say a subsidiary of Dream Asset Management will be the asset manager for the joint venture while a subsidiary of Dream Industrial will provide property management and leasing services.

Sophie van Oosterom, managing director and head of real estate at CPP Investments, says the ºÃÉ«tv industrial sector continues to demonstrate resilient demand and meaningful long-term growth drivers, supported by a structurally high need for well-located space as supply chains and logistics continue to evolve.

CPP Investments has allocated $1 billion in equity capital to the partnership for a 90 per cent stake in the joint venture.

Dream Industrial has contributed $100 million for a 10 per cent stake.

This report by ºÃÉ«tvwas first published Dec. 17, 2025.

Companies in this story: (TSX:DIR.UN)