CPP Investments and Lendlease Selling Elephant Park Rental Portfolio to Greystar

CPPIB and Australia’s Lendlease selling Elephant Park rental portfolio to Greystar

Canadian pension fund expected to receive $670-million for the 904-home portfolio

CPP Investments and Lendlease selling Elephant Park rental portfolio to Greystar

TORONTO - The Canada Pension Plan Investment Board and real estate group Lendlease have signed a deal to sell their Elephant Park residential portfolio in London to Greystar.

Lendlease sells UK build-to-rent assets for $260m

The sale of its stake in the 904-home project is the second deal this week for Lendlease, which has been criticised for being slow to sell assets and return capital.

CPP Investments, Greystar and Lendlease Announce Elephant Park Residential Portfolio Transaction - PressReach

LONDON, June 26, 2026 /CNW/ – Greystar, a global leader in the investment, development and management of rental housing, has announced the acquisition of a 904-home build-to-rent portfolio at Elephant Park in Elephant & Castle, London, from Canada Pension Plan Investment Board (CPP Investments) and international real estate group, Lendlease. The transaction was funded through Greystar’s flagship Greystar Equity Partners Europe II fund (GEPE II)…

Lendlease and CPP sell UK BTR portfolio to Greystar in landmark £500m deal

Greystar has acquired a 904-home build-to-rent portfolio at Elephant Park in London's Elephant & Castle from Lendlease and Canada Pension Plan Investment Board (CPP Investments) in a landmark circa £500m deal.