News release Appointment

Ivanhoé Cambridge appoints George Agethen Senior Vice President, Asia-Pacific, Growth Markets

Finance Montreal, Quebec, Canada,
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Ivanhoé Cambridge announced today the appointment of George Agethen as Senior Vice President, Asia-Pacific, Growth Markets.

“George has extensive experience in our industry, and more specifically in the Asian real estate market,” declared Rita-Rose Gagné, Executive Vice President, Growth Markets, Ivanhoé Cambridge. “His arrival will enable us to continue to build and develop our team in tandem with our platform’s growth and to deploy our resources in markets where we are expanding our investments.”

Based in Hong Kong, Mr Agethen will mainly oversee the implementation of investment and asset management strategies for the region. The team at Ivanhoé Cambridge’s Shanghai office will henceforth report to Mr Agethen.

About Ivanhoé Cambridge

Ivanhoé Cambridge, a global real estate industry leader, invests in high-quality properties and companies in select cities around the world. It does so prudently with a long-term view to optimize risk-adjusted returns. Founded in Quebec in 1953, Ivanhoé Cambridge has built a vertically integrated business across Canada. Internationally, the Company invests alongside key partners that are leaders in their respective markets.

Through subsidiaries and partnerships, Ivanhoé Cambridge has direct or indirect interests in over 160 million ft2 (up to 15 million m2) of office, retail and logistics properties as well as in more than 23,000 multiresidential units. Ivanhoé Cambridge held more than Cdn$42 billion in total assets as at December 1, 2014. The Company 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 further information: ivanhoecambridge.com.

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