Joint Venture Partners
Shopping Iguatemi, Brazil
Ivanhoe Cambridge chooses partners who share our strategic objectives, whose expertise complements our own and who have an in-depth knowledge of their respective market. This approach minimizes risk and forges strong bonds that often lead to more business opportunities.
For Ivanhoe Cambridge, the goal for each joint venture is to pursue and develop mutually beneficial relationships over the long term. If a joint venture proves successful, it can often lead to subsequent transactions and a lasting business alliance.
In Canada: Ivanhoe Cambridge co-owns a number of shopping centres with several Canadian organizations, including Cadillac Fairview, The Canapen Group, Commerz Real Investmentgesellschaft, Costco Canada, Hospitals of Ontario Pension Plan, Kingsett Capital, OMERS Realty, Primaris Retail REIT, and Sears Canada.
In the United States: Ivanhoe Cambridge partners with General Growth Properties, Inc., a major U.S. real estate company.
In Brazil: Ivanhoe Cambridge owns an interest in several Brazilian shopping centres, development projects and in one shopping centre management company, through a partnership with Ancar Ivanhoe, the country’s 5th largest real estate company.
In Europe: Ivanhoe Cambridge is active in France, Germany, Poland, Scotland and Spain. It has joined forces with prominent partners, such as Lar Grosvenor (Spain), Simon Property Group (France) and Management für Immobilien AG (Germany).
In China: Currently, Ivanhoe Cambridge owns a joint interest in a property with Bailian Group, one of China’s largest retail sales and distribution industry conglomerates. Ivanhoe Cambridge also owns a joint interest in a residential complex project with Shanghai Forte Land Co.