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Ivanhoé Cambridge Close to Selling Stake in Two Malls

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Pictured: Fairview Mall in Toronto.Ivanhoé Cambridge is in the final stages of selling its 50% stake in two key regional malls, sources tell CoStar News. The subsidiary of the Caisse de dépôt et placement du Québec is negotiating with Regina-based Greystone Management Investments for a half interest in Toronto's Fairview Mall, which continues to be 50% owned and managed by Cadillac Fairview Corp. The deal hasn’t closed so there is no guarantee...

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