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Crown Realty Partners and Vestcor Inc Announce Acquisition of Minority Interest in the Partnership

Share: 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.

Crown Realty v Limited Partnership Completes Initial Closing - Finance and Banking

To print this article, all you need is to be registered or login on Mondaq.com. On February 9, 2021, Crown Realty Partners ( Crown ) announced that it had launched its fifth value-add fund, Crown Realty V Limited Partnership ( Fund V ), and completed its first closing with $140 million of commitments from both institutional groups and family offices. The fund expects to complete its final closing later this year. 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. Fund V will focus on commercial real estate assets located within

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