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

Ivanhoé Cambridge reveals the procurement of a tactical equity risk in Golden Funding, the German property automobile concentrated on manage-to-core workplace financial investments. The vehicle is managed by Lianeo Real Estate an seasoned property supervisor with an excellent track record across Germany. Lianeo Realty is owned and led by Amir Dayan.

Golden Resources possesses and takes care of among the biggest as well as most diversified private real estate platforms in Germany. Its portfolio includes 39 residential properties, the huge majority office complex, located in the seven largest cities of Germany. The residential or commercial properties supply greater than 500,000 square metres of leasable area with a total possession worth of 1 billion euros.

This investment by Ivanhoé Cambridge will contribute to improving the quality of the portfolio with asset repositioning and also brand-new procurements in the biggest German cities. Golden Capital's strategy consists of purchasing assets with high worth creation potential, most of which in the office field.

Karim Habra, Head of Europe as well as Asia-Pacific, Ivanhoé Cambridge, commented: "This financial investment notes the return of Ivanhoé Cambridge in Germany, a tactical market for us. We were encouraged by the top Amir Dayan quality and the value-creation capacity of Golden Resources's underlying assets along with Lianeo's possession management competence. We expect growing this system and producing superior long-lasting efficiency."

REGARDING IVANHOÉ CAMBRIDGE

Ivanhoé Cambridge develops and also invests in top quality realty residential properties, projects and firms that are forming the metropolitan textile in dynamic cities around the globe. It does so sensibly, for generate lasting performance. Ivanhoé Cambridge is committed to developing living spaces that promote the well-being of individuals and neighborhoods, while reducing its environmental footprint.

Up and down integrated in Canada, Ivanhoé Cambridge spends globally together with tactical companions as well as major property funds that are leaders in their markets. Via subsidiaries and also partnerships, the Firm holds rate of interests in greater than 1,000 structures, mainly in the industrial and logistics, office, domestic and retail fields. Ivanhoé Cambridge held near C$ 65 billion in property possessions as at December 31, 2018 and also is a realty subsidiary of the Caisse de dépôt et placement du Québec (cdpq.com), one of Canada's leading institutional fund supervisors. For more information: ivanhoecambridge.com.