RBC Global Asset Management (RBC GAM) has announced an agreement with British Columbia Investment Management Corporation (BCI) and QuadReal Property Group (QuadReal). It will create a diversified Canadian commercial real estate portfolio available to institutional investors.
The venture comprises three market leaders:
RBC GAM, Canada’s largest fund manager and one of the largest managers of Canadian pension assets through its Canadian institutional business, PH&N Investment Management.
BCI, a global investment manager and one of Canada’s largest pension plan managers.
QuadReal, one of Canada’s most respected real estate service providers and developers, established by BCI to expand and manage its global real estate portfolio.
This initiative will create a portfolio of more than 40 of BCI’s existing Canadian real estate assets, with a total value in excess of $7 billion. Institutional investors may participate by investi
