As one of the first institutional investors to acquire and manage properties, CDPQ is a Canadian real estate industry pioneer. Our Real Estate portfolio includes the activities of Ivanhoé Cambridge, a global real estate leader.
Real Estate Portfolio
Net assets as at December 31, 2022
Of CDPQ’s total portfolio
Interest in 1,500
Our capital and financing product investments in various real estate sectors aim to generate optimal risk-adjusted returns and provide some long-term protection against inflation through lease indexation.
Our investment approach
- Invest responsibly with a long-term perspective
- Work with strategic partners and large real estate funds that are leaders in their markets
- Create living spaces in harmony with people’s needs while reducing our carbon footprint
Our real estate subsidiary
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. Through subsidiaries and partnerships, it holds interests in a significant number of buildings, mainly in the following sectors:
- Shopping centres
- Logistics and industrial
It invests globally and acts locally for a sustainable impact, offering urban solutions focused on people’s needs.
Stuyvesant Town–Peter Cooper Village
New York, United States
$8.3 billion (100%) with Blackstone
Investment of $2 billion with Hines for construction
50% stake in this development project