Ivanhoé Cambridge and CDC Habitat enter into a major land recycling partnership to develop residential housing in France

Ivanhoé Cambridge, the global real estate firm, and CDC Habitat, a major player in the French housing market, have signed a strategic partnership to develop a portfolio of new residential housing in France, relying on the conversion of land of large-scale operations. This partnership has an investment capacity of €500 million.

This long-term partnership aims to develop a portfolio of environmentally efficient housing adapted to socio-demographic developments and located in the most densely populated areas of metropolitan France, mainly in the major French cities, the Mediterranean coast and border areas.

For more details, read the complete news release on Ivanhoé Cambridge's website.