Real Estate
Ivanhoé Cambridge and ICAMAP have launched ICAWOOD and raised €750m. : Ivanhoé Cambridge has strengthened its presence in the Paris office market by partnering with ICAMAP to set up a vehicle aimed at developing €1.6bn worth low-carbon assets by 2028. The C$60bn (€40.09bn) property investment arm of Quebec’s sovereign fund, Caisse de dépôt et placement du Québec and ICAMAP have launched ICAWOOD and raised €750m of equity capital. Ivanhoé Cambridge is the cornerstone investor in the fund. Other investors include 12 international institutions and family office investors.