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Ivanhoé Cambridge to invest with Stockland in life sciences and technology precinct at M_Park, Sydney
New partnership established between Ivanhoé Cambridge and Stockland to develop the M_Park life sciences and technology precinct on a programmatic fund-through basis.
Ivanhoé Cambridge will have the opportunity to invest in future stages of the project, with potential additional NLA of [~95,000sqm].
A net zero carbon project with best-in-class sustainability goals supported by the first green promote structured by Ivanhoé Cambridge.
Ivanhoé Cambridge, a leading international investor, today announced that it has entered into an agreement with Stockland, one of the largest diversified property groups in Australia, to acquire a 49% interest in the M_Park Trust (TMPT).