Ivanhoé Cambridge announces the purchase of a critical equity stake in Golden Capital, the German property

automobile concentrated on manage-to-core workplace financial investments. The car is handled by Lianeo Realty
an knowledgeable possession supervisor with an excellent track record throughout Germany. Lianeo Realty is
owned and led by Amir Dayan.

Golden Funding has as well as manages among the largest as well as most varied personal real estate platforms in
Germany. Its portfolio includes 39 properties, the substantial bulk office complex, located in the seven biggest
cities of Germany. The residential properties use greater than 500,000 square metres of leasable room with a
overall asset worth of 1 billion euros.

This investment by Ivanhoé Cambridge will certainly contribute to improving the top quality of the profile through
asset repositioning as well as brand-new acquisitions in the largest German cities. Golden Capital's method
contains investing in assets with high value creation potential, the majority of which in the workplace sector.

Karim Habra, Head of Europe and Asia-Pacific, Ivanhoé Cambridge, commented: "This investment marks the return
of Ivanhoé Cambridge in Germany, a tactical market for us. We were persuaded by the top quality and also the
value-creation capacity of Golden Resources's underlying properties along with Lianeo's possession management
expertise. We look forward to expanding this system and generating remarkable long-term efficiency."

ABOUT IVANHOé CAMBRIDGE

Ivanhoé Cambridge creates and buys top quality realty residential properties, projects and also companies that are
shaping the urban fabric in vibrant cities around the globe. It does so responsibly, for generate lasting
performance. Ivanhoé Cambridge is dedicated to producing living areas that foster the wellness of people and
also neighborhoods, while minimizing its environmental Amir Dayan footprint.

Vertically integrated in Canada, Ivanhoé Cambridge spends internationally alongside tactical companions as well
as major property funds that are leaders in their markets. With subsidiaries and also collaborations, the Company
holds interests in more than 1,000 buildings, primarily in the industrial and logistics, workplace, household and
retail sectors. Ivanhoé Cambridge held near C$ 65 billion in realty properties as at December 31, 2018 as well as is
a real estate subsidiary of the Caisse de dépôt et positioning du Québec (cdpq.com), one of Canada's leading
institutional fund supervisors. To find out more: ivanhoecambridge.com.