Real Estate

Developing strong foundations on new ground

Investing in valuable partnerships

We focus on establishing joint ventures with best-in-class partners. Our global presence allows us to invest in urban real estate around the world, and to develop strong business relationships on the ground. We keep close tabs on trends in urbanization, demographics and technology to hone our competitive edge.

Fast facts

  • Over $54.0B in Gross Asset Value

  • Portfolio exposure to direct deals of 95.2% (GAV)

What sets us apart?

  • Our ability to invest across all real estate sectors and strategies
  • Our track record of investing in complex transactions
  • Our global capabilities and network of world-class partners

Real Estate at a glance

[In C$ as of March 31, 2020]

$
23.8
B

Net assets under management (AUM)

$(
1.0
)B

Performance income

(
4.4
)%

1-year rate of return

8.3
%

5-year annualized return

Discover where we invest

Geographic diversification

  • 45%
    US
  • 24.3%
    Canada
  • 15%
    Western Europe
  • 10.5%
    Emerging markets
  • 5.2%
    Australasia

Sector diversification

  • 38.4%
    Residential/Retirement
  • 23.8%
    Office
  • 18.7%
    Industrial
  • 12.7%
    Retail
  • 0.8%
    RE Debt
  • 5.6%
    Other

A sample of our investments

Real Estate in action

Spotting groundbreaking opportunities

Project: Washington DC's The Wharf

Headquarters: United States

Sector: Mixed use

Date: 2017

 

Thanks to our profound understanding of trends in urbanization, we spotted a compelling opportunity in mixed-use real estate development. We are facilitating the transformation of a pier in Washington, D.C., into a dynamic space, which is sure to become a hotspot in the US capital, and a key destination.

An office tower like no other

Project: 22 Bishopsgate

Headquarters: United Kingdom

Sector: Office

Date: 2015

 

Located in the heart of the City of London and scheduled to be completed by the end of 2020, 22 Bishopsgate will be at the forefront of the modern office workspace in terms of technology, amenities and flexibility. As corporate tenants require more optionality due to the incredible pace of technological change, the 61-storey tower will include nearly 120,774 square meters of high specification and adaptable office space along with smart integrated building management systems.

Meet our team leader

Pierre Gibeault

 

Senior Managing Director and Global Head of Real Estate Investments

 

Contact the team

Portrait of Pierre Gibeault, Managing Director and Head of Real Estate Investments

Want to know how you can experience the edge? Join our team.