Ivanhoé Cambridge acquires Hub&Flow, a portfolio of 17 logistics assets in the main hubs of Paris and Lyon, from The Carlyle Group

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Ivanhoé Cambridge has acquired a 430,000 m² (4,628,500 ft2) logistics portfolio, as well as its brand name Hub&Flow, from The Carlyle Group. It is one of the largest transactions in recent years in France’s logistics real estate market. The portfolio, comprising 17 high-quality assets, ideally meets the market’s expectations and needs in terms of surface area (10,000 to 40,000 m² / 107,639 ft2 to 430,566 ft2), technical specifications and location. The assets are situated within France’s logistics backbone, encompassing the country’s largest logistics hubs, serving all consumer markets. This acquisition aligns with Ivanhoé Cambridge’s major transactions in logistics platforms in North America, Latin America and in the Asia-Pacific region, as well as the creation of PLP, an operating platform in the United Kingdom. false false false Ivanhoé Cambridge was advised in this transaction by Panhard (Michael Vidamant), BNP Paribas Real Estate Transaction (Franck Poizat and Frank Perochain), Etyo (Vincent Rigal), Gide (Hugues Moreau), Allez & Associés (Nathalie Filbet-Fournis and Jennifer Aeschimann), Lacourte Raquin Tatar (David Sorel) and EY (François Poncet). The Carlyle Group was advised in this transaction by DLA Piper, Attal & Associés, Darrois Villey Maillot Brochier and PwC. Alkatroll, CBRE, Expansion, and Cogestra contributed as advisors on the strategy and asset management. HSBC was financing the portfolio. false false false About Ivanhoé Cambridge Ivanhoé Cambridge develops and invests in high-quality real estate properties, projects and companies that are shaping the urban fabric in dynamic cities around the world. It does so responsibly, with a view to generate long-term performance. Ivanhoé Cambridge is committed to creating living spaces that foster the well-being of people and communities, while reducing its environmental footprint. Vertically integrated in Canada, Ivanhoé Cambridge invests internationally alongside strategic partners and major real estate funds that are leaders in their markets. Through subsidiaries and partnerships, the Company holds interests in more than 1,000 buildings, primarily in the industrial and logistics, office, residential and retail sectors. Ivanhoé Cambridge held close to C$65 billion in real estate assets as at December 31, 2018, and is a real estate subsidiary of the Caisse de dépôt et placement du Québec (cdpq.com), one of Canada's leading institutional fund managers. For more information: ivanhoecambridge.com. About The Carlyle Group The Carlyle Group (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across four business segments: Corporate Private Equity, Real Assets, Global Credit and Investment Solutions. With $222 billion of assets under management, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. www.carlyle.com