Ivanhoé Cambridge leads $920 mln investment in Chinese developer: Reuters
Ivanhoé Cambridge, the real estate investment arm of the Caisse de dépôt et placement du Québec, said that it has led a US$920 million capital raise in Shanghai developer Chongbang Group, as it and others in its consortium look to Asian markets for higher returns, Reuters reported. Ivanhoé Cambridge said it invested US$500 million in the deal, which also included participation from APG Asset Management NV of the Netherlands.
23 June 2015•2 mins read
