B
entallGreenOak (BGO) has successfully closed its Canadian Value-Add LP, securing C$247 million in capital commitments. This marks BGO's first value-add real estate strategy in Canada, designed to meet growing demand for higher return investments in the country's largest growth-oriented markets.
The strategy received strong support from nine institutional investors, including financial institutions and pension plans. All capital was raised domestically, reflecting investor confidence in BGO's Canadian platform and execution capabilities.
"Our Canadian Value-Add Strategy offers a unique investment approach that leverages our deep roots and long-standing commitment to the Canadian real estate market," said Christina Iacoucci, Head of Canada at BGO. "This strategy is tailored for institutional investors seeking value creation opportunities in key growth corridors across the country."
The Canadian Value-Add Strategy focuses on growth opportunities in top sectors and markets by utilizing a hands-on asset management approach and best-in-class operating principles. The strategy currently provides exposure to multi-residential and industrial assets, with four investments completed in Vancouver, Toronto, Hamilton, and Montreal.
"The strategy benefits from data-driven decision-making, extensive local networks, and proactive management – all hallmarks of BGO's approach," said Chetan Baweja, Managing Director and Head of Canadian Value-Add. "Our global investment platform and dedicated Canadian team position us to act decisively on opportunities for our partners."
BGO's fully integrated platform enables execution across the asset lifecycle, with in-house capabilities spanning research, property management, leasing, and development. A majority of the strategy's transactions were sourced off-market, leveraging BGO's national presence and trusted relationships.
The Canadian Value-Add Strategy is led by Chetan Baweja and Christina Iacoucci, along with a 10-person investment committee comprising senior leadership members.
BentallGreenOak is a leading global real estate investment management advisor with over $86 billion USD in assets under management (as of March 31, 2025). The company serves institutional clients across the globe and has offices in 25 cities across 12 countries.
