Investors

Every year, Fiera Real Estate seeks out and analyzes billions of dollars worth of investment prospects, leveraging an extensive network of long-standing industry relationships across Canada. These privileged relationships, built on our carefully-guarded reputation as experienced, responsive and trustworthy real estate experts, enable us to uncover unique opportunities to source exceptional off-market properties. With our access to superior market intelligence through our proprietary modeling capabilities, we are able to deploy investors’ capital in a timely manner with the objective of consistently delivering top-quartile returns above and over our target benchmarks.

Thorough research and analytics, together with a disciplined and auditable investment-management process, underpin our Fund platform.

The Fund is governed by a written Investment Policy and adherence to the terms of the Investment Policy is monitored by and a compliance certificate that is issued to our investors on a quarterly basis. An Investor Advisory Committee acts as the fund’s governing body. Every property acquisition must be approved by an Investment Committee composed of real estate investment industry executives, who review the financial analysis and due diligence for each transaction.

The formal due-diligence process commences once a property is under a letter of intent. The objective is to validate the underwriting and market assumptions upon which the investment strategy has been based. Among the many steps included in the process are:

• A comprehensive review of the partner based on parameters such as capital contribution capacity, collaboration, transparency, relationship quality, business model, reputation, governance, and operations
• A thorough project review, including product analysis, location, market conditions (with third-party market studies), zoning, comparables, investment horizon, and risk-adjusted returns
• Environmental assessments conducted by third parties
• An independent legal review of property titles, zoning, and other potential issues.

A transaction only proceeds to closing once the entire investment strategy has been tested and passes on every level of analysis.

Thorough research and analytics, together with a disciplined and auditable investment management process, underpin our investment-management platform. An Investment Committee comprised of experienced investment and real estate industry executives serves as the fund’s governing body. The committee’s approval is required for every new investment.

The fund managers for the Opportunity Funds have a significant investment in the funds, as do Fiera Real Estate’s affiliates and partners – which helps to ensure that the firm’s interests are closely aligned with those of our investors.