Ivanhoé Cambridge and Mapletree to form a joint venture.

Ivanhoé Cambridge, a real estate firm, and Mapletree, a global real estate development, investment capital and property management company, agreed to form a joint venture. Financial terms were not disclosed. “We are particularly pleased to find such great alignment with Mapletree for India, on our values, ESG ambitions and their 15-year experience in India. This partnership continues our growth plans for the APAC region, bringing diversification to our portfolio and resilience to our returns,” George Agethen, Ivanhoé Cambridge Co-Head Asia-Pacific.