[8] The value of its assets, located mostly in Canada, the United States, Europe, Brazil and Asia, totalled more than C$60.4 billion on December 31, 2020.

[12] When the Caisse de dépôt et placement du Québec acquired Ivanhoe Inc. in 1990,[15] its portfolio consisted of 36 shopping centres, located mostly in Quebec and Ontario.

Ivanhoe made its first major acquisitions in 1995 with Les Galeries Rive Nord [fr] and Place Montréal Trust.

[17] While Ivanhoe was growing, Cambridge Leaseholds Limited was founded in Windsor, Ontario, in 1960, by members of the Tabachnik and Odette families.

Cambridge continued to grow by building or acquiring interests in shopping centres in British Columbia, Ontario and Newfoundland as well as in California, in the United States.

At the start of the 1990s, Cambridge Shopping Centres Limited, with more than 1,000 employees, had real estate assets exceeding CA$2 billion.

In 1992, two years after Ivanhoe was acquired by Caisse de dépôt et placement du Québec, it began purchasing shares in Cambridge Shopping Centres Limited.

[19] In the mid-1980s, while Ivanhoe and Cambridge were building and acquiring shopping centres in Quebec and elsewhere in Canada, the Caisse de dépôt et placement du Québec created the Société immobilière Trans-Québec (SITQ) in 1984, specializing in real estate investment, management and development.

In 1996,[22] SITQ began negotiations to acquire five office buildings in suburban Paris's La Défense business district.

Over the next few years, the Prisma, Friedland, Anjou and Adria office buildings, together with all land still available in La Défense, were added to the SITQ portfolio.

On April 21, 2011, the Caisse de dépôt et placement du Québec announced it was grouping its real estate subsidiaries into a single entity, Ivanhoé Cambridge.