Claridge, Ivanhoé unveil second $100 mln Québec real estate fund
Claridge and Ivanhoé Cambridge have agreed to partner in a second $100-million vehicle earmarked for investments in real estate projects in Québec. Investing alongside local developers, the fund will target projects in urban centres, especially Québec City and Montréal. The first $100-million vehicle, launched in 2016, invested in nine residential projects, including both condos and rental housing, primarily in Montréal. Ivanhoé is the real estate investment arm of Caisse de dépôt et placement du Québec. Claridge invests on behalf of the Stephen Bronfman family.
11 December 2018•3 mins read
