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Ivanhoé Cambridge sells the 42 de Friedland building in Paris

Sector: Commercial • Location: Canada

Source: Caisse de dépôt et placement du Québec

Project
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Ivanhoé Cambridge announces today that it has finalized the sale of the office building located at 42, avenue de Friedland, corner of rue de Tilsitt, in Paris’ 8th arrondissement. The agreement is with the French company Assurances du Crédit Mutuel. The 42 avenue de Friedland is a quality building that offers more than 10,500 m2 (113,000 ft2) of leasable space. It is the site of the head office of

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The project “Ivanhoé Cambridge sells the 42 de Friedland building in Paris” is an infrastructure initiative in the Commercial sector, located in Canada. Taiyo aggregates data on it from Caisse de dépôt et placement du Québec.

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Description

Description

Ivanhoé Cambridge announces today that it has finalized the sale of the office building located at 42, avenue de Friedland, corner of rue de Tilsitt, in Paris’ 8th arrondissement. The agreement is with the French company Assurances du Crédit Mutuel. The 42 avenue de Friedland is a quality building that offers more than 10,500 m2 (113,000 ft2) of leasable space. It is the site of the head office of Vivendi, whose presence in the building is assured for a firm six-year period. The Catella company brokered the sale as part of a co-exclusive mandate with Jones Lang LaSalle. Ivanhoé Cambridge also benefited from the counsel of notary Hubert Wargny and the legal firm of Allen & Overy. For its part, Assurances du Crédit Mutuel was advised by notary Hitier. About Ivanhoé Cambridge Ivanhoé Cambridge is a world-class real estate company that leverages its high-level expertise in all aspects of real estate including investment, development, asset management, leasing and operations, to deliver an optimal return for its investors. Through its multiple subsidiaries, its assets in more than 20 countries are valued at over Cdn$35 billion as at December 31, 2012. Ivanhoé Cambridge is a real estate subsidiary of the Caisse de dépôt et placement du Québec (www.cdpq.com), one of Canada's leading institutional fund managers. For more information, visit www.ivanhoecambridge.com. false false false

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