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Sun Life rounds out real estate offering with merged firm purchaseThe Canadian insurer’s 56% stake purchase in the merger between its real estate investment business Bentall Kennedy and GreenOak Real Estate will allow it to offer its investors strategies from core to opportunistic.
Bentall Kennedy holds C$145m first closeThe Toronto-based firm is targeting up to C$400m for a Canada-focused commercial real estate debt fund.
- Sun Life takes over Bentall Kennedy for $560m
A new $47 billion Canadian real estate investment manager powerhouse is being created as Sun Life's real estate investment management team merges with Bentall Kennedy