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CDPQ’s Ivanhoé Cambridge and ICAMAP take majority stake in easyHotel

Oct 16, 2019 - peHUB
Mergers and Acquisitions

Ivanhoé Cambridge, a real estate subsidiary of Caisse de dépôt et placement du Québec and ICAMAP have acquired a majority stake in easyHotel, a “super-budget” hotel chain. No financial terms were disclosed.

PRESS RELEASE

Montréal, October 14, 2019

Ivanhoé Cambridge, a real estate subsidiary of Caisse de dépôt et placement du Québec, and ICAMAP, a real estate fund manager, acting through the ICAMAP Fund, announce that they now control 68.8% of easyHotel’s share ...