The Caisse de dépôt et placement du Québec is buying a portfolio of 73 photovoltaic plants from Q-Energy Ltd., the first step in creating a new platform in Spain that seeks to aggregate further renewable assets. The transaction will be finalized in the coming months, after which Q-Energy will continue to provide comprehensive management of […]
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 Canada Pension Plan Investment Board, the Alberta Investment Management Corp. and the WPT Industrial Real Estate Investment Trust are joining forces to aggregate a portfolio of U.S. industrial properties in key logistics markets. “The combination of AIMCo and CPPIB’s scale and sophistication creates a long-term opportunity that will meet the needs of our clients and stakeholders,” said […]
When Sears Canada Inc. announced it was going to liquidate its stores in 2017, the chain’s demise was a big concern for pension plan members worried about a big deficit in the company’s defined benefit plan. But also among the parties affected were some of Canada’s largest pension funds, which own more than two dozen […]
The prices of global real estate investment trusts will likely rise in 2018, reaching returns of between eight and 10 per cent, according to a report by Timbercreek Asset Management Inc. “We hear everyday about the continued highs that equities make and continued momentum and the concerns around valuations: Can this keep going?” says Corrado Russo, senior managing director […]
In a previous post, I examined how to assess the liquidity requirements of a pension fund at the total fund level. In this post and the next one, I’ll explore two different methods for managing the liquidity risk of a fund of direct (less liquid) investments.
In today’s macro environment fraught with confusing cross-currents, real estate has continued to show investors its flexibility and mettle. In particular, mezzanine debt, global real estate investment trusts (REITs) and build-to-core strategies hold great potential.
The continued strength in Canada's real estate industry, along with the expectation of low interest rates in the medium term, should provide added appeal for investors looking for income-producing commercial real estate properties, according to a new report from BMO Economics.
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. […]