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RBC Canadian Core fund completes $1 billion deal with British Columbia Investment Management

Global financial institution acquires partial interest in 40 properties from pension fund

The Royal Bank of Canada's head office is in Toronto. (CoStar)
The Royal Bank of Canada's head office is in Toronto. (CoStar)

An RBC Global Asset Management investment fund has completed a two-part deal worth more than $1 billion with the real estate arm of British Columbia's largest pension fund. The agreement gives RBC a partial interest in 40 more properties.

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