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

Ivanhoé Cambridge introduces the acquisition of a strategic equity stake in Golden Resources, the German realty lorry focused on manage-to-core workplace financial investments. The vehicle is taken care of by Lianeo Realty an knowledgeable possession manager with an outstanding record throughout Germany. Lianeo Real Estate is had and also led by Amir Dayan.

Golden Resources owns as well as manages among the biggest as well as most varied personal realty systems in Germany. Its portfolio contains 39 residential or commercial properties, the vast majority office buildings, situated in the 7 biggest cities of Germany. The residential properties offer more than 500,000 square metres of leasable space with a total possession worth of 1 billion euros.

This investment by Ivanhoé Cambridge will add to improving the top quality of the profile through asset repositioning and also brand-new procurements in the biggest German cities. Golden Resources's approach contains investing in properties with high worth development possibility, most of which in the office sector.

Karim Habra, Head of Europe as well as Asia-Pacific, Ivanhoé Cambridge, Amir Dayan Real estate commented: "This investment marks the return of Ivanhoé Cambridge in Germany, a critical market for us. We were convinced by the high quality and also the value-creation potential of Golden Capital's underlying assets as well as Lianeo's possession administration knowledge. We anticipate expanding this platform and also generating superior long-lasting performance."

CONCERNING IVANHOÉ CAMBRIDGE

Ivanhoé Cambridge creates and also buys high-quality realty properties, tasks and also business that are forming the urban material in vibrant cities worldwide. It does so sensibly, for produce long-term performance. Ivanhoé Cambridge is devoted to creating living rooms that foster the well-being of individuals and communities, while lowering its ecological footprint.

Vertically incorporated in Canada, Ivanhoé Cambridge invests globally together with strategic partners as well as major real estate funds that are leaders in their markets. With subsidiaries as well as partnerships, the Firm holds rate of interests in more than 1,000 structures, mainly in the commercial and also logistics, office, household and retail markets. Ivanhoé Cambridge held near to C$ 65 billion in real estate possessions as at December 31, 2018 as well as is a real estate subsidiary of the Caisse de dépôt et placement du Québec (cdpq.com), among Canada's leading institutional fund supervisors. For more information: ivanhoecambridge.com.