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Sign in Sign up for a FREE subscriptionIvanhoe Cambridge forms $500m JV with Embassy Group
Ivanhoe Cambridge, a real estate subsidiary of Canada’s second-largest pension fund, and Embassy Group have formed a $500 million joint venture, according to media outlets, citing people familiar with the matter.
It is an 80-20 joint venture platform with a development timeline of five years.
The alternative investment fund will develop greenfield office projects across cities, specifically in Bengaluru.
