KingSett Capital and University Pension Plan Ontario (UPP) have launched a strategic partnership focused on acquiring income-generating industrial real estate assets across Canada’s major urban markets.
The venture will target multitenant light industrial buildings in supply-constrained markets. The partnership is the first of its kind for KingSett and builds on UPP’s targeted exposure to industrial real estate, further diversifying its portfolio while increasing its allocation to income-generating assets. UPP said it continues to focus on investments designed to enhance diversification, manage risk and deliver long-term returns to support pension obligations.
“This investment is designed to provide exposure to industrial assets, such as warehousing and light manufacturing facilities in close proximity to urban centers, underpinned by strong domestic demand and attractive inflation protection. Through this partnership, we are selectively deepening our position in