Guardian Capital Group Limited has announced its entry into the direct real estate asset class, appointing Brent Chapman and Stephen Tiller as managing directors of Guardian Capital Real Estate GP Inc.
Chapman and Tiller each have over 25 years of experience in the real estate investment management industry. Most recently, Chapman served as president and CEO of GPM Investment Management, while Tiller was president, BMO Nesbitt Burns Real Estate Inc. and Group Head of BMO Capital Markets Real Estate Group.
“We are delighted and fortunate to have the opportunity to add two such highly experienced and respected individuals to our management team and to offer the direct real estate asset class to address the growing demand of institutional investors,” says George Mavroudis, president and CEO of Guardian Capital Group Limited.
The company plans to offer a diversified portfolio of direct Canadian real estate property, with exposure to industrial, commercial, retail and multi-residential properties.
“The combination of our extensive real estate experience with Guardian Capital’s financial strength and reputation for investment management excellence is a powerful blend that will enable us to build a strong real estate investment platform,” said Chapman.