For pension plan investors who are considering a global allocation to real estate, conducting an analysis of foreign markets in order to develop a deeper understanding of how they compare to domestic markets is an important first step.
The rebuild of Montreal’s Champlain Bridge—reportedly the busiest crossing in Canada but weakening with age—may be brought to you by a pension fund. In fact, it’s not hard to find stories about a Canadian fund taking a stake in a British airport or an Australian toll road. But what’s behind the bustle?
Standard Life Investments has acquired four shopping centres in British Columbia on behalf of its Standard Life Real Estate Fund (SLREF). The fund allows Canadian pension funds and other non-taxable entities to invest in a Canadian commercial real estate portfolio.
Deciding whether to buy, hold or fold.
The pension fund's real estate division, Oxford Properties Group, bought the property from Canada Lands Company for an undisclosed price.
States need to renew to keep the lights on.
What's driving them is a mystery for some.
The Caisse de dépôt et placement du Québec has announced the consolidation of its real estate subsidiaries under a single banner: Ivanhoe Cambridge Group. “The real estate sector, which operates in a fiercely competitive market environment, is currently in a global consolidation phase,” said Michael Sabia, president and CEO of the Caisse. “The changes announced […]
The real estate investment trust (REIT) market in Canada continues to grow and develop. Does this signify an investment opportunity for institutional investors? A REIT is an investment vehicle structured to enable trust income to flow through to investors in the form of dividends and return of capital without incurring taxes at the trust level. […]
The Healthcare of Ontario Pension Plan (HOOPP) has formed a major partnership deal that will see it take a 50% stake in the $159-million St. James’s Gateway development in London, U.K. and the adjacent Clydesdale block. It’s partner, The Crown Estate, will retain freehold ownership of the blocks and grant the joint venture a new […]