APG and Ivanhoé Cambridge announce investment into Taronga Ventures

APG and Ivanhoé Cambridge have invested in Taronga Ventures’ built environment technology Fund – RealTech Ventures I (RTVI).

This is the Dutch pension fund’s first investment into the built environment technology (proptech) in Asia Pacific.

“We are delighted to be partnering with Taronga Ventures for our first proptech investment in the Asia Pacific,” commented Graeme Torre, managing director and head of real estate for APG Asset Management Asia Pacific. “The partnership will allow us to have direct access to some of the latest innovations in our industry, which will bring long-term benefits to our wider real estate portfolio. The fund’s strong focus on ESG-related tech also perfectly aligns with our vision to drive longer-term sustainability within real estate.”

With this strategic investment in RTVI, Ivanhoé Cambridge reinforces its innovation strategy and sustainable commitment, while pursuing the diversification of its portfolio in Asia Pac