Ivanhoé Cambridge acquires a strategic stake in Lianeo’s platform in Germany

Ivanhoé Cambridge reveals the purchase of a strategic equity risk in Golden Funding, the German realty car concentrated on manage-to-core workplace financial investments. The vehicle is managed by Lianeo Real Estate an knowledgeable property supervisor with an outstanding record throughout Germany. Lianeo Realty is owned and also led by Amir Dayan.

Golden Capital possesses and also takes care of among the largest and most varied exclusive property platforms in Germany. Its portfolio includes 39 properties, the huge bulk office buildings, located in the seven largest cities of Germany. The residential or commercial properties provide more than 500,000 square metres of leasable room with a complete asset worth of 1 billion euros.

This financial investment by Ivanhoé Cambridge will add to boosting the quality of the portfolio with possession repositioning and new procurements in the biggest German cities. Golden Resources's method consists of buying assets with high value production potential, a lot of which in the office industry.

Karim Habra, Head of Europe and Asia-Pacific, Ivanhoé Cambridge, commented: "This financial investment marks the return of Ivanhoé Cambridge in Germany, a calculated market for us. We were persuaded by the high quality as well as the value-creation possibility of Golden Resources's underlying assets in addition to Lianeo's possession administration experience. We expect growing this platform and also producing exceptional lasting efficiency."

ABOUT IVANHOÉ CAMBRIDGE

Ivanhoé Cambridge establishes and also invests in premium real estate residential properties, Amir Dayan projects and companies that are forming the city material in dynamic cities all over the world. It does so properly, with a view to create long-lasting performance. Ivanhoé Cambridge is devoted to producing living spaces that cultivate the wellness of individuals as well as areas, while minimizing its environmental impact.

Up and down incorporated in Canada, Ivanhoé Cambridge spends internationally along with critical partners and major real estate funds that are leaders in their markets. Via subsidiaries and partnerships, the Company holds rate of interests in more than 1,000 structures, mainly in the commercial as well as logistics, workplace, household as well as retail markets. Ivanhoé Cambridge held near C$ 65 billion in real estate properties as at December 31, 2018 and also is a realty subsidiary of the Caisse de dépôt et positioning du Québec (cdpq.com), among Canada's leading institutional fund managers. For additional information: ivanhoecambridge.com.