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In 2014, Ivanhoé Cambridge acquired 50 % of MIRAand began to invest alongside MIRA as its strategic partner of choice for mixed-use projects in Mexico. Ivanhoé Cambridge held C$64 billion in real estate assets as at December 31, 2019, and is a subsidiary of CDPQ, one of Canada’s largest pension fund managers.

Institutional
Partners

During 2016 MIRA raised 8,180 million pesos through the first CERPI (MIRAPI-16) issuance in the Mexican Stock Exchange. This new investment vehicle considers a co-investment commitment of 4,100 million pesos each between Ivanhoé Cambridge and Mexican Pension Funds Managers. This investment will enable MIRA to continue with our strategy of creating mix used communities with residential, commercial and office spaces.   In March 2018 MIRA announced the acquisition of a 75,000 square meters property in Queretaro. This land will be develop into a commercial, office, and residential community called Centro Sur.

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