Since the financial meltdown, Canadian investors have increasingly been eyeing U.S. real estate as a potentially lucrative opportunity. In response, a Canadian accounting and advisory firm has now issued a paper offering insights for investors looking to access that market.
Standard Life Investments, one of the world's largest asset managers and real estate investors, has launched a Canadian Real Estate Fund, raising $77 million in initial equity.
A report finds that institutional investor appetite for real estate debt investments has grown dramatically over the last two years.
The Canada Pension Plan Investment Board has purchased a 50% stake in a South Korean real estate investment trust for $118.6 million.
Adding global assets to your pension plan? Know the tax rules.
The Caisse de dépôt et placement du Québec’s real estate subsidiary, Ivanhoé Cambridge, has completed Phase 2 of the expansion of a mall in British Columbia.
The overall outlook for investors in alternative assets is positive, with the majority looking to either maintain or increase their capital commitments in the next 12 months and the longer term, according to a survey by Preqin.
While real estate investment trusts have become more hesitant at making acquisitions, pension funds and private equity are seizing the opportunity to purchase quality assets.
The Caisse de dépôt et placement du Québec’s real estate division, Ivanhoé Cambridge, has announced it will acquire the 50% interest in Montreal’s Place Ville Marie that it doesn’t own from AIMCo.
John Hancock, the U.S. division of Manulife Financial, has purchased an office building from Brookfield Office Properties for US$135.5 million ($142.4 million).