Canada's Caisse to enter Mexican market

Ivanhoe Cambridge, the real estate arm of Canada's Caisse pension fund firm, will make its first investment in Mexico with a $100 million project in Mexico City.

Ivanhoe Cambridge plans to partner with U.S. investment company Black Creek Group to build multi-purpose buildings in Mexico's largest cities.

"Mexico has been in Ivanhoe Cambridge's radar to expand its investment and presence in Latin America," said a source with knowledge of the matter.

Source (in Spanish): El Financiero