Ivanhoé Cambridge, Mapletree to deliver technology sector-focused workplaces in India
Global real estate firm Ivanhoé Cambridge and Mapletree, a global real estate development, investment capital and property management company, have partnered to launch a new investment platform dedicated to technology sector-focused workplaces in India.
Mapletree will lead all real estate development, project management, leasing and operations for the strategic partnership. Ivanhoé Cambridge will bring its global expertise and experience as an institutional investor in sectors and assets that are shaping the urban fabric in a sustainable manner in dynamic cities globally. The partners will develop, own and operate technology sector-focused workplaces in India, with an investment capacity of more than C2.5 billion ($1.9 billion).
The venture will focus on both stabilizing, and developing high-quality, class A workplace assets in key economic hubs in India that benefit from the exponential growth in technology-led innovation activities anchored by global-capability c