Mouvement des caisses Desjardins

07/16/2024 | Press release | Distributed by Public on 07/16/2024 07:04

Lancement du Fonds DGIA Immobilier Privé Canadien destiné aux investisseurs institutionnels canadiens July 16, 2024

Press releases

Introducing the DGAM Canadian Private Real Estate Fund for Canadian institutional investors

July 16, 2024

Montreal, July 16, 2024 - Desjardins Global Asset Management Inc. (DGAM) has just introduced the DGAM Canadian Private Real Estate Fund (the "Fund") to give institutional investors access to high-quality properties in the Canadian commercial real estate market. The Fund was launched with an initial transaction involving a diversified core real estate portfolio with more than $300 million in assets in various sectors, including multi-residential, industrial and shopping malls. This new alternative focuses on low debt and attractive, stable income, as well as a low correlation to traditional asset classes. DGAM's responsible investment practices are applied across all of the Fund's processes, including those for analyzing opportunities and acquiring or managing assets.

"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."
(Nicolas Richard, President and Chief Operating Officer of DGAM)

The Fund will be managed by Tony Roy, Vice-President and Head of Real Estate Investments, under the direction of Frédéric Angers, Vice-President and Chief Investment Officer, Private Markets. Mr. Roy's real estate investment team includes 10 investment professionals based in Montreal, Lévis and Toronto. They've been delivering strong results for major Canadian institutional clients for 26 years, and during this time they've accumulated nearly $4 billion in real estate assets under management.

Why invest in the DGAM Canadian Private Real Estate Fund?

  • Generate stable long-term investment income by benefitting from the Fund's investment philosophy, which focuses on capital preservation and cash flow growth
  • Diversify your portfolio by taking advantage of a low correlation with other asset classes
  • Use DGAM's real estate platform to seize exclusive investment opportunities and complete transactions with ease

For more information (media inquiries only):
Desjardins Group Public Relations
514-281-7000, ext. 5553436
[email protected]