Speaking of Cadillac Fairview and Waterfront center .. Here’s good background on their backing.
Whenever I hear people saying how bad unions are, and how hopeless pensions are, I think of Teachers and ignore them.
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I noted this, forward thinking strategy. Under, Trains (CP Rail), Planes (Copenhagen Airport) and Automobiles
“the fund announced a deal to buy a one-third stake in the Chicago Skyway, a toll road that accommodates some 17 million passenger cars a year. For $512 million upfront, Teachers will get a share of tens of millions annually in toll income through the year 2104.”