Ivanhoé Cambridge acquires Manhattan office property for $2.2 bln

Ivanhoé Cambridge, the real estate investment subsidiary of the Caisse de dépôt et placement du Québec, and its partner Callahan Capital Properties, have bought a 100 percent interest in the Three Bryant Park office property in Manhattan. The acquisition's value was US$2.2 billion. Ivanhoé said Three Bryant Park represents a cornerstone of its expanding U.S. office real estate platform.

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