Embassy in talk with CDPQ to form office projects platform: Bloomberg

India-based Embassy Group is in talks with Caisse de dépôt et placement du Québec’s Ivanhoé Cambridge to set up an investment platform for developing office projects, reported Bloomberg.

India-based Embassy Group is in talks with Caisse de dépôt et placement du Québec’s Ivanhoé Cambridge to set up an investment platform for developing office projects, reported Bloomberg. The size of the platform is under discussion, though Ivanhoé will have a majority stake. Embassy Group owns WeWork India.

Source: Bloomberg