Ivanhoé Cambridge hires Karim Habra as Head of Europe

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By Ted Liu

Ivanhoé Cambridge has hired Karim Habra as Head of Europe. Currently serving as Head of Continental Europe at LaSalle Investment Management, Habra will officially assume his duties on July 2, 2018, and will be based in Ivanhoé Cambridge’s European headquarters in Paris.

Habra will be responsible for Ivanhoé Cambridge’s European platform and its future growth.

“We are thrilled to welcome Karim Habra to our global leadership team at a pivotal time in our international growth,” said Daniel Fournier, Chairman Chief Executive Officer, Ivanhoé Cambridge. “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.”

Habra began his career with GE Real Estate in 1998, and was given responsibility for its Central European operations in 2003, before joining JER Partners in 2008 as Managing Director, European Funds. In 2012, he joined LaSalle Investment Management as Managing Director of Central Europe before serving successively as Managing Director of France, then Head of Continental Europe.

Habra holds a M.Sc. degree in Banking, Corporate, Finance, and Securities Law from Université Paris Dauphine.

Ivanhoé Cambridge held more than C$60 billion in assets as at December 31, 2017, and is a real estate subsidiary of the Caisse de dépôt et placement du Québec (CDPQ).