PropertyEU

Caisse de dépôt merges property arms into $30b group

By A staff reporter 2011-04-26T00:00:00

Canadian pension fund Caisse de dépôt et placement du Québec said on Tuesday it is merging its shopping centre unit, Ivanhoe Cambridge, and its office and residential subsidiary, SITQ, to create one group with roughly $30 bn (EUR 20 bn) of assets.

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