Ivanhoé Cambridge
Ivanhoé Cambridge Inc. is a Canadian real estate company based in Montreal, Quebec. With assets around the globe, its areas of activity are investment, development, asset management, operations and leasing. The company's real estate portfolio consists primarily of multi-residential properties, industrial/logistics real estate, shopping centres and office properties. It also has ownership interests in real estate investment funds and hotels. Ivanhoé Cambridge is a subsidiary of the Caisse de dépôt et placement du Québec.
Ivanhoe Cambridge head office in Montreal | |
| Company type | Subsidiary |
|---|---|
| Industry |
|
| Founded | May 12, 1953 |
| Headquarters | 1001, rue du Square-Victoria Montreal, Quebec, Canada H2Z 2B5 |
Area served | Worldwide |
Key people | Nathalie Palladitcheff (President and CEO) |
| Total assets | C$77,0 billion (2022) |
Number of employees | +1000 (2020) |
| Parent | |
| Website | IvanhoeCambridge.com |
| Footnotes / references | |
The first entity in the real estate portfolio, Ivanhoe Corporation, was founded in 1953 by Sam Steinberg, a Montreal businessman who built Steinberg's grocery store chain. Ivanhoé Cambridge, headquartered in Montreal, has more than 1,000 employees worldwide. Ivanhoé Cambridge is now among the ten largest real estate companies in the world. The value of its assets, located mostly in Canada, the United States, Europe, Brazil and Asia, totalled more than C$60.4 billion on December 31, 2020.
On October 15, 2019, Daniel Fournier retired as chairman and chief executive officer. Nathalie Palladitcheff, who already held the title of President, became chief executive officer on that date.