Canada's Ivanhoe eyes investments in malls, retail

By Raghavendra Kamath
Business-Standard.com

After setting up its real estate arm SITQ a couple of months ago, Canadian fund manager Caisse de depot et placement du Quebec is starting operations of its mall management and investment arm Ivanhoe Cambridge in India soon.

Caisse manages nearly $155 billion of pension and insurance funds in Canada and North America while Ivanhoe has 70 shopping centres in Canada, the US, Europe and Latin America, totalling 46 million sq ft.

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