DGAM's new fund offers institutional investors access to high-quality commercial real estate properties
Desjardins Global Asset Management Inc. (DGAM) has introduced the DGAM Canadian Private Real Estate Fund.
This fund provides institutional investors with access to high-quality properties in the Canadian commercial real estate market.
The Fund launched with an initial transaction involving a diversified core real estate portfolio valued at over $300m, encompassing sectors like multi-residential, industrial, and shopping malls.
This new alternative aims for low debt and attractive, stable income, with a low correlation to traditional asset classes. DGAM applies its responsible investment practices across all of the Fund's processes, including opportunity analysis and asset management.
“Desjardins Global Asset Management's new real estate fund offers growth opportunities and stability, allowing investors to participate in the dynamic Canadian commercial real estate market, which is popular with major institutional investors. We're proud to launch this fund, as it enhances our private market offering, showcases our expertise, and reflects our commitment to our clients,” said Nicolas Richard, president, and COO of DGAM.
Tony Roy, vice-president, and head of Real Estate Investments will manage the Fund under the direction of Frédéric Angers, vice-president and chief investment officer, Private Markets.
Roy's real estate investment team, consisting of 10 professionals based in Montreal, Lévis, and Toronto, will support the management of the Fund.
