Embassy Group and Canada's Ivanhoé Cambridge in talks for office platform in India

Ivanhoé Cambridge, a real estate subsidiary of Canadian institutional fund manager CDPQ, will be looking for greenfield investment opportunities, while the Embassy will also bring in some of its existing land banks for the development together with the Canadian company. 

The platform is to be set up in the form of an Alternative Investment Fund (AIF), will see Ivanhoé Cambridge initially investing $150 million (about 1,110 crores) Global institutional investors, including Blackstone Group, Brookfield Asset Management, Singapore's sovereign fund GIC and Goldman Sachs have been investing in Indian realty assets for the past few years. In addition to this, more funds are eyeing investment and alliance opportunities. Click the link below to know more and for queries regarding Italian brands in Furniture, Design and Building Materials for Office, Commercial and Projects please get in touch with us at furniture@indiaitaly.com

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Source: The Economic Times