Thursday, January 24, 2013

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The Company?s growth requires the addition of specialized legal
resources

MONTREAL, Jan. 24, 2013 /CNW Telbec/ ? Ivanho? Cambridge announced today
the appointment of Claude Gendron as Executive Vice President, Legal
Affairs and General Counsel.

Ivanho? Cambridge?s fast-growing national and international investment
program made necessary the creation of this position, which will enable
a detailed execution of complex transactions.

Mr. Gendron will hold overall responsibility for legal affairs and will
focus, among other things, on aspects related to acquisitions and asset
sales, as well as on partnerships and other investments, financing,
investment funds and real estate development. Lorna Telfer , whose
previous responsibilities included the duties of General Counsel, will
be appointed Executive Vice President, Legal Affairs and Corporate
Secretary. Ms. Telfer?s responsibilities will include, among others,
legal aspects related to operations, governance, compliance, corporate
social responsibility and the Corporate Secretariat.

A seasoned lawyer specializing in real estate, Mr. Gendron was
previously a Senior Partner at Fasken Martineau Dumoulin and has been
acknowledged by his peers on many occasions.

Mr. Gendron was involved in many property acquisition and sales
transactions in downtown Montreal, as well as nationally and
internationally. He also participated actively in the sales or
acquisitions of several industrial and commercial property portfolios
and played a leading role in the development and financing of numerous
office building and infrastructure projects. In addition, Mr. Gendron
took part in many important national and international financings and
as such worked on Ivanho? Cambridge files on many occasions.

?We are particularly pleased to welcome Claude to lead our Legal Affairs
team at Ivanho? Cambridge,? declared Daniel Fournier , Chairman and
Chief Executive Officer of Ivanho? Cambridge. ?His impressive
background, leadership abilities and real estate expertise will be
assets for our company, our people and our partners. I would like to
wish him the warmest welcome to our firm. His arrival will add a
significant measure of transactional expertise on the global scene
within our Legal Affairs team. At a time of accelerated growth, there
is a pressing need for support on investment transactions. I am
convinced that Lorna and Claude will form a very high-calibre team.?

Mr. Gendron will sit on Ivanho? Cambridge?s Executive Committee and
Investment Committee. He will assume his new duties on February 11,
2013
.

About Ivanho? Cambridge
Ivanho? Cambridge is one of the 10 largest real estate companies in the
world, with assets in more than 20 countries valued at over Cdn$30
billion
as at December 31, 2011. Ivanho? Cambridge is a real estate
subsidiary of the Caisse de d?p?t et placement du Qu?bec (lacaisse.com), one of Canada?s leading institutional fund managers. For more
information, visit ivanhoecambridge.com.

Biographical notes ? Claude Gendron

Claude Gendron?s fields of legal specialization are real estate,
infrastructure and corporate financing. Having started his career with
one of the major Canadian banks, his main clients were large real
estate developers and investors, financial institutions, pension funds
and governmental agencies.

Mr. Gendron was involved in a great many of the real estate acquisition
and sales transactions in downtown Montreal as well as in numerous
national and international transactions. He also participated actively
in several sales and acquisitions of industrial and commercial property
portfolios and played a leading role in the development and financing
of numerous office building and infrastructure projects.

In the infrastructure sector, Mr. Gendron served as the lead external
legal counsel to Infrastructure Qu?bec for the completion of the new
Centre hospitalier de l?Universit? de Montr?al and the McGill
University
Health Centre, and also for the Centre Hospitalier Universitaire Sainte-Justine modernization project. Mr. Gendron also participated in many important
national and international financings.

Mr. Gendron was named Lawyer of the Year in Real Estate (Montreal) in
2010 by The Best Lawyers in Canada and is also recognized in the field of real estate by the prestigious Chambers Global Directory. He is also cited for his real estate experience in the Guide to the World?s Leading Real Estate Lawyers, published by the Legal Media Group/Euromoney Publications, as well as in
the Guide to the Leading 500 Lawyers in Canada, published by American Lawyer Media Group in conjunction with LEXPERT.

Called to the Quebec Bar in 1975, Mr. Gendron holds a B.Adm. (1971) from
the University of Ottawa, and earned his Licence in Law (LL.L) and his
Master?s Degree in Law (LL.M) from Universit? de Montr?al.

SOURCE Ivanho? Cambridge

Image with caption: ?Ivanho? Cambridge appoints Claude Gendron as Executive Vice President, Legal Affairs and General Counsel (CNW Group/Ivanho? Cambridge)?. Image available at: http://photos.newswire.ca/images/download/20130124_C8414_PHOTO_EN_23002.jpg

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