JLL - Ivanhoé Cambridge and JLL join hands for Canadian retail operations

On October 1, 2021, Ivanhoé Cambridge will transition the operations of its Canadian shopping centers over to JLL(JLL +0.5%). Company will also collaborate with Ivanhoé Cambridge to develop a Center of Excellence for Sustainability in Quebec, and an accompanying team, to accelerate the transition to sustainable and inclusive real estate through the development and implementation of current and near-future technologies.  "We are excited to bring a globally renowned company to deepen its footprint and investments in Quebec. To focus on our core business as a seasoned, clear-sighted real estate investor and to align and standardize our business model globally, we wanted to find a partner with the scale, track record and expertise to continue the optimization of our assets' performance and lead the industry in defining the future of the retail sector, thus creating long-term value for our depositors," said Nathalie Palladitcheff, President and CEO, Ivanhoé Cambridge. Contributor writes: 'Jones Lang LaSalle: Market Sentiment Vs. Fundamentals'

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Ivanhoé Cambridge and JLL join hands for Canadian retail operations