“The hunt for alpha has pushed the most sophisticated segment of the market into the alternative space— and many of Canada’s largest pension plans, including the Maple 8, are setting the tone by making significant allocations to real estate,” says Aaron Pittman, senior vice-president and head of Canadian institutional investments at Equiton. In this article, he explains why multi-family residential buildings in Canada represent an especially good institutional investing opportunity.
While big pension funds have infrastructure in place that allows them to invest in private real estate directly, small- and medium-sized pension funds have a much harder time accessing this asset class. Jason Roque, chief executive officer and founder of Equiton, is on a mission to make it easier for plans of all sizes to benefit from the potential risk-adjusted return, diversification and capital preservation benefits of private real estate.