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

Ivanhoé Cambridge announces the acquisition of a tactical equity risk in Golden Funding, the German real estate car focused on manage-to-core office investments. Amir Dayan The automobile is managed by Lianeo Real Estate an knowledgeable asset manager with an exceptional record across Germany. Lianeo Real Estate is possessed and also led by Amir Dayan.

Golden Funding owns as well as manages one of the largest as well as most diversified personal real estate systems in Germany. Its profile contains 39 residential or commercial properties, the large bulk office complex, situated in the 7 largest cities of Germany. The residential or commercial properties offer greater than 500,000 square metres of leasable area with a total property worth of 1 billion euros.

This investment by Ivanhoé Cambridge will certainly contribute to enhancing the quality of the profile with possession repositioning as well as new purchases in the biggest German cities. Golden Capital's method consists of buying possessions with high value development possibility, a lot of which in the office market.

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 potential of Golden Resources's underlying possessions as well as Lianeo's asset management experience. We eagerly anticipate expanding this platform and creating premium lasting performance."

CONCERNING IVANHOÉ CAMBRIDGE

Ivanhoé Cambridge establishes and also invests in top quality real estate buildings, tasks and also firms that are shaping the urban fabric in vibrant cities all over the world. It does so sensibly, for generate lasting performance. Ivanhoé Cambridge is dedicated to producing living rooms that foster the health of individuals and also areas, while reducing its ecological footprint.

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