To support its strategy and optimize its activities, CDPQ today announced that it will integrate its real estate subsidiaries, Ivanhoé Cambridge and Otéra Capital.
This decision is in line with the evolution of the real estate subsidiaries and numerous initiatives launched within the CDPQ group in recent years to implement best practices and achieve efficiency gains for CDPQ and its depositors.
The integration of the real estate subsidiaries will begin on January 29, 2024, and conclude within 18 to 24 months. The corporate services teams will report to those at CDPQ starting next week. The corporate services teams support the investment groups’ activities on a daily basis, and include, for example, the finance, operations, digital technology, human resources, legal affairs, communications and risk management teams.
You can now read the full press release at the link below
