Ivanhoé Cambridge to invest up to $500 mln in Mexican properties
Ivanhoé Cambridge, the real estate investment arm of the Caisse de dépôt et placement du Québec, plans to invest up to US$500 million in mixed-use urban communities across Mexico. Ivanhoé's strategy, which already reflects an investment of more than US$100 million in a residential development project in Mexico City, is being done in partnership with U.S. real estate private equity firm Black Creek Group. The two groups will invest jointly in assets through MIRA Companies, an investment and development platform founded by Black Creek in 2007.
8 October 2014•3 mins read
