Ivanhoé Cambridge, the real estate arm to the second-largest pension fund in Canada, Caisse de Dépôt et Placement du Québec (CDPQ), has plans to search for a new manager to help double its APAC investments to more than $7.3 billion by 2025, according to a REFI article.
Markets for investment will include China, Australia, Japan and Singapore.
Ivanhoé Cambridge’s current APAC exposure is $4 billion.
