Ivanhoé Cambridge introduces the purchase of a strategic equity risk in Golden Resources, the German real estate vehicle concentrated on manage-to-core office investments. The lorry is taken care of by Lianeo Property an experienced possession supervisor with an exceptional record throughout Germany. Lianeo Real Estate is possessed and also led by Amir Dayan.

Golden Resources possesses and also takes care of among the largest as well as most varied personal property systems in Germany. Its portfolio contains 39 residential properties, the vast bulk office buildings, located in the 7 biggest cities of Germany. The residential or commercial properties offer more than 500,000 square metres of leasable area with a complete asset worth of 1 billion euros.

This investment by Ivanhoé Cambridge will certainly contribute to boosting the quality of the portfolio via possession repositioning and new procurements in the biggest German cities. Golden Resources's strategy contains purchasing assets with high value development potential, a lot of which in the workplace market.

Karim Habra, Head of Europe as well as Asia-Pacific, Ivanhoé Cambridge, commented: "This investment marks the return of Ivanhoé Cambridge in Germany, a strategic market for us. We were persuaded by the top quality as well as the Amir Dayan Real estate value-creation capacity of Golden Resources's underlying possessions as well as Lianeo's asset monitoring experience. We expect expanding this platform and generating superior lasting performance."

CONCERNING IVANHOÉ CAMBRIDGE

Ivanhoé Cambridge develops and also purchases top notch real estate residential or commercial properties, jobs and also companies that are forming the city textile in dynamic cities around the globe. It does so properly, with a view to create long-lasting efficiency. Ivanhoé Cambridge is committed to creating living rooms that cultivate the health of individuals as well as neighborhoods, while decreasing its environmental impact.

Up and down incorporated in Canada, Ivanhoé Cambridge invests globally alongside tactical partners and major real estate funds that are leaders in their markets. With subsidiaries as well as collaborations, the Firm holds interests in greater than 1,000 buildings, largely in the commercial as well as logistics, office, domestic and retail industries. Ivanhoé Cambridge held near to C$ 65 billion in real estate properties as at December 31, 2018 as well as is a real estate subsidiary of the Caisse de dépôt et positioning du Québec (cdpq.com), among Canada's leading institutional fund managers. For additional information: ivanhoecambridge.com.