Heitman International Group has formed a strategic alliance with the recently launched Central European Retail Property Fund, which closed in the first quarter.
Ivanhoe Inc., the investment arm of Caisse de Depot et Placement du Quebec, is an investor in the fund, which plans to develop 10 megasupermarket-anchored shopping centers in Poland, the Czech Republic and Hungary over the next four years. Heitman will oversee all phases of development.