(CNW Group/Ivanhoé Cambridge)

Ivanhoé Cambridge, the real estate investment arm of the Caisse de dépôt et placement du Québec, has appointed Karim Habra as head of Europe, effective July 2, 2018.

In the role, Habra will be responsible for Ivanhoé Cambridge’s European platform and will be based in Paris.

Previously, Habra served in a number of positions at LaSalle Investment Management Inc., most recently as head of continental Europe. He began his career in 1998 with GE Real Estate, assuming responsibility of its operations in central Europe in 2003. In 2008, he joined private equity investment manager JER Partners as its managing director of European funds.

Read: New presidents for Ivanhoé Cambridge, OMERS

“We are thrilled to welcome Karim Habra to our global leadership team at a pivotal time in our international growth,” said Daniel Fournier, chairman and chief executive officer of Ivanhoé Cambridge, in a news release. “Building on the strength of his extensive real estate experience across all of Europe, Karim will leverage his network and leadership skills to help us achieve our ambitious European strategies as well as manage our current operations.

“We have full confidence in Karim to accelerate Ivanhoé Cambridge’s growth throughout Europe, invest in new markets and develop new strategic partnerships.”

Read: Ivanhoé Cambridge chooses new CFO

Copyright © 2019 Transcontinental Media G.P. Originally published on benefitscanada.com

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