Ivanhoé Cambridge announces the acquisition of a critical equity risk in Golden Funding, the German realty vehicle focused on manage-to-core office investments. The lorry is taken care of by Lianeo Property an skilled property supervisor with an excellent performance history across Germany. Lianeo Realty is had as well as led by Amir Dayan.

Golden Capital has and also handles among the largest as well as most diversified private property systems in Germany. Its portfolio includes 39 residential or commercial properties, the vast majority office buildings, located in the 7 largest cities of Germany. The residential properties supply greater than 500,000 square metres of leasable space with a complete property value of 1 billion euros.

This investment by Ivanhoé Cambridge will contribute to improving the high quality of the profile via asset repositioning and brand-new procurements in the biggest German cities. Golden Resources's method includes buying assets with high value creation possibility, a lot of which in the workplace sector.

Karim Habra, Head of Europe and Asia-Pacific, Ivanhoé Cambridge, commented: "This investment marks the return of Ivanhoé Cambridge in Germany, a strategic market for us. We were encouraged by the quality and the value-creation capacity of Golden Funding's underlying assets along with Lianeo's asset management competence. We eagerly anticipate growing this system and also generating superior long-term performance."

REGARDING IVANHOÉ CAMBRIDGE

Ivanhoé Cambridge creates as well as invests in high-grade realty buildings, jobs and also business that are forming the city material in dynamic cities all over the world. It does so properly, for generate long-term performance. Ivanhoé Cambridge is dedicated to producing living spaces that promote the wellness of Amir Dayan invests people as well as communities, while decreasing its environmental impact.

Up and down integrated in Canada, Ivanhoé Cambridge spends globally together with calculated companions and significant property funds that are leaders in their markets. Via subsidiaries and partnerships, the Company holds rate of interests in more than 1,000 buildings, mainly in the industrial and also logistics, office, household and also retail fields. Ivanhoé Cambridge held near C$ 65 billion in realty properties as at December 31, 2018 as well as is a realty subsidiary of the Caisse de dépôt et positioning du Québec (cdpq.com), among Canada's leading institutional fund managers. For more details: ivanhoecambridge.com.