CPP Investments Co-Invests in Proudreed Alongside Blackstone
May 14, 2026
CPP Investments announced a €400 million co-investment in Proudreed, one of France’s largest last-mile urban logistics platforms, alongside funds managed by Blackstone. The investment provides CPP Investments with a significant minority interest as the platform scales its multi-let logistics and light industrial portfolio across France.
- Buyers
- Canada Pension Plan Investment Board (CPP Investments), Blackstone
- Targets
- Proudreed
- Industry
- Logistics & Distribution
- Location
- Île-de-France, France
- Transaction Type
- Growth capital
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