Distinguished by its global scale and long-term vision, the judges selected CPP Investments as a winner for its highly diversified residential investment strategy. The portfolio spans multiple geographies and residential sectors, including multifamily, single-family rental and student accommodation, supported by partnerships with leading international operators and developers. The strategy is firmly anchored in structural themes such as urbanisation, demographic change and housing undersupply, targeting markets where supply-demand imbalances create durable investment opportunities. Active asset management and operational improvement are central to value creation, while institutionalisation across the living sector enhances efficiency and scalability. Sustainability considerations, including energy efficiency and tenant wellbeing, are integrated throughout the investment process, reinforcing portfolio resilience over the long term. The combination of strategic partnerships, disciplined execution and broad diversification positions CPP Investments as a leading institutional investor in global residential real estate.