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TORONTO, April 12, 2021 (GLOBE NEWSWIRE) Crown Realty Partners ( Crown or the Partnership ) announced today that Vestcor Inc. ( Vestcor ) has acquired a minority interest in Crown Realty Partners on behalf of a number of its long-term investment clients.
Crown is an integrated commercial real estate investment and management firm focused on value-add opportunities across Canada, with over two billion dollars of real assets under management. Vestcor is a New Brunswick based investment manager and pension and employee benefits administrator with approximately $19 billion in assets under management.
The majority of Crown s shares continue to be held by Crown s operating partners who oversee all activities of the Partnership: Jamie Christie, Mark Dimmell, Emily Hanna, Les Miller, Gary Summers and Scott Watson.