The complicated relationship between real estate and interest rates makes it important to know the role different types of properties play in a portfolio and to use public real estate for liquidity to keep a focus on core property, said Derek Warren, vice-president at Lincluden Investment Management. Speaking during a session at the 2018 Defined […]
The Public Sector Pension Investment Board is taking on a majority stake in B.F.B. Pty Ltd., an Australia-based agricultural business. Currently, BFB has taken on more than 441 square kilometres of arable land and operates businesses in grain storage, fertilizer, agronomy, livestock, farming and logistics. “We’re impressed with BFB’s team, performance and integrated business model, and we’re excited to […]
Through a joint venture with California-based agricultural firm Pomona Farming, the Public Sector Pension Investment Board is buying about 165 square kilometres of land to diversify into GMO-free farms. Formerly used by Alexander & Baldwin Inc. to grow sugar cane, the land is on the Hawaiian island of Maui. The venture, called Mahi Pono, which translates to […]
While an increasingly aging society will certainly affect the future of retirement savings and health care in Canada, this growing demographic shift may also offer an opportunity for institutional investors. “Within a decade or two, the largest single household cohort will be seniors,” says James McKellar, director of the Brookfield Centre in Real Estate and […]
The market value of assets held by Canadian trusteed pension funds grew 0.6 per cent between the first and second quarters of 2018, according to data from Statistics Canada. Investments in real estate saw the largest increase in the second quarter, up 2.5 per cent to $186.7 billion, and investments in mortgages saw the largest decline, down 13.9 per […]
The Ontario Municipal Employees Retirement System’s real estate arm is investing $3.3 billion to acquire a portfolio of 19 office buildings across Australia. Oxford Properties Group and Investa Property Group, the Australian company that currently owns the properties, will jointly manage the office portfolio. “Oxford invests for the long term in global gateway cities with a […]
According to Statistics Canada, the market value of assets held by Canadian trusteed pension funds grew 0.6 per cent from the first quarter during the second quarter of 2018. When looking year-over-year compared to the second quarter of 2017, the market value of assets grew 7.0 per cent. Investments in real estate saw the largest […]
While no one can know for certain if inflation is coming bank, David Zanutto, senior investment consultant at Mercer, says that the risks of inflation moving higher have increased. He points particularly to low levels of unemployment, which could translate to wage growth and higher inflation. Other factors that could lead to higher inflation include […]
The Caisse de dépôt et placement du Québec’s real estate arm is forming a second investment vehicle for projects in the province’s urban centres. Ivanhoé Cambridge is partnering with investment firm Claridge Inc., as well as local developers, to grow its real estate portfolio in Montreal and Quebec City. Read: Ivanhoé Cambridge launches joint venture in Brazilian logistics […]
Whether it’s Black Friday lineups or online shopping on Cyber Monday — investors may be questioning what the rise in online shopping means for brick-and-mortar retail investments. Will Robson, executive director and head of real estate applied research at MSCI Inc., wrote about this topic in a blog post earlier this year based on an […]