Caisse de dépôt et placement du Québec or CDPQ, the Montreal-based investment manager for Quebec’s massive $434.2 billion pension fund and its $45.6 billion of real estate holdings, reported a negative 6.2% one-year return on its real estate assets.
Quebec's Largest Pension Fund Posts Negative Return on Real Estate After Slow Year for Transactions
CDPQ's Real Estate Holdings Were the Worst Performing Among Pension Fund's Asset Classes
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