Ivanhoé Cambridge and Mapletree launch real estate investment platform in India focused on co-working spaces for the technology sector
Singapore, February 10, 2023 – Ivanhoé Cambridge and Mapletree, a leading global real estate development, investment and property management firm, are entering into a strategic partnership and launching a new investment platform for the Indian real estate market. The investment volume amounts to over 2.5 billion Canadian dollars.
The platform aims to develop and operate workspaces focused on the fast-growing technology sector in India’s key economic centers. To achieve this, the strategy invests in existing, functioning properties as well as in the development of high-quality core real estate. Mapletree’s responsibilities will include property development and project management. In return, Ivanhoé Cambridge will contribute its global expertise and experience as an institutional investor.
