
Crestpoint acquires two industrial properties and reaches $9.5 billion AUM
Crestpoint Real Estate Investments Ltd. today announced the completion of two industrial investments with a combined market value of over $180 million.
Our team includes a diverse group of individuals with extensive experience investing in and managing real estate assets. We’ve built a team of creative and diligent professionals focused on building trust and relationships throughout the industry and within the communities in which we invest. Individuals operate with an entrepreneurial spirit within an institutional framework in order to generate market leading results.
We’re committed to attracting, retaining and motivating a talented team and we’re always excited to meet capable, passionate people who are looking to join and contribute to a dynamic and growing real estate investment firm.
Crestpoint prides itself on having a comprehensive and rigorous process for the evaluation of investment opportunities. Buying and selling assets at the right time, at the right price, for the right reasons are all critical elements affecting our ability to generate attractive returns on a consistent basis for our clients.
We have a four-member Investment Committee, whose primary role is to review and oversee all property transactions, ensuring the thoroughness and integrity of our analysis and effectiveness of our investment decisions. Unanimous consent of the Investment Committee is required for each transaction. This discipline ensures that each asset is thoroughly evaluated and discussed, including acknowledging and assessing the risk factors associated with each property.
Executive Vice President & Chief Operating Officer,
Crestpoint Real Estate Investments
As a fiduciary, Crestpoint is committed to transparency and strong corporate governance; the integrity of our processes is critical to earning and maintaining our clients’ trust and confidence.
We are proud to have an independent Advisory Committee comprised of Mr. Simon Nyilassy and Ms. Pam Spackman, two experienced and well-respected long-time real estate industry professionals. The Advisory Committee provides oversight of Crestpoint’s asset management practices, in particular the regular valuation of the “Crestpoint Core Plus Real Estate Fund” as well as providing guidance with respect to any matters of conflict or potential conflict.
Crestpoint Real Estate Investments Ltd. today announced the completion of two industrial investments with a combined market value of over $180 million.
Crestpoint today announced the acquisition of 121 King Street, a 540,000 square foot, Class A office building located in Toronto’s financial district, one block from the corner of King and Bay streets.
Crestpoint Real Estate Investments Ltd. today announced the acquisition of 222 CitiGate Drive, a 2.8 million square foot Amazon fulfillment centre located in CitiGate Corporate Business Park in Barrhaven, a suburb of Ottawa.
Crestpoint announced today the acquisition of the Junction Shopping Centre in Mission, British Columbia. The Junction Shopping Centre is a 300,612 square foot tier-one grocery and drug-store anchored shopping centre situated at the junction of Lougheed Highway and Abbotsford-Mission Highway, approximately 70 km east of Vancouver.
Crestpoint is pleased to announce it is expanding its product offering to include a dedicated commercial mortgage strategy. The Strategy will be led by Blake Steels, Vice President, Head of Mortgage Investments.