Ivanhoé Cambridge acquires London's 21 Lombard Street for $240 mln

Ivanhoé Cambridge has acquired 21 Lombard Street, an office property located in the City of London. The purchase price was £130 million (gross) or approximately $240 million. The seller in the transaction was not disclosed. Based in Montréal, Ivanhoé Cambridge is the real estate investment arm of pension fund manager the Caisse de dépôt et placement du Québec.

DealsCanadaNorth AmericaBriefs