Is Bentall Kennedy a REIT?

Is Bentall Kennedy a REIT?

Portfolio Composition The remaining allocation targets 5% to 15% in U.S.-only publicly- traded real estate investment trust (“REIT”) index funds and 3% to 15% in cash for the purpose of providing daily fund liquidity and portfolio diversification.

What does Bentall Green Oak do?

BentallGreenOak is a leading, global real estate investment management advisor and a globally-recognized provider of real estate services.

Is BentallGreenOak public?

BentallGreenOak is part of the SLC Management which is the institutional alternatives asset management business of Sun Life….33Across.

Company: BentallGreenOak
Main Telephone: 416-681-3400
Website: www.bentallgreenoak.com
Type of Organization: non-public
Industry: Real Estate Investment Management

What does Bentall Kennedy do?

Bentall Kennedy, a Sun Life Investment Management company, is a leading real estate investment advisor and one of North America’s foremost providers of real estate services.

Who is Sonny Kalsi?

Sonny Kalsi is the co-CEO of BentallGreenOak (BGO) and is based in New York City. Before GreenOak, Sonny was Global Co-Head of Morgan Stanley’s Real Estate Investing (MSREI) business and President of the Morgan Stanley Real Estate Funds until 2009.

Who owns Metropolitan real estate?

BentallGreenOak
Real estate investment company BentallGreenOak has signed an agreement to acquire Metropolitan Real Estate Equity from global investment firm The Carlyle Group. The deal adds Metropolitan’s integrated primary, secondary and co-investment real estate platform—with more than $2.4 billion (as of Dec.

Who owns Bentall Kennedy?

Sun Life Financial
Bentall GreenOak will be majority-owned by Sun Life Financial (“Sun Life”) and will operate under Sun Life Investment Management, the alternative asset management arm of Sun Life.

What are real estate secondaries?

Simply put, secondaries are investments made in existing assets, structures or situations that bring fresh equity, reset an investment’s clock and re-align its ownership. Real estate is an attractive corner of the secondary market, particularly given the advent of transactions known as GP-led recapitalizations.

How do secondary funds work?

The secondary private equity market comprises the buying and selling of preexisting investor commitments to private market funds. Secondary funds (secondaries) purchase these existing commitments from limited partners (LPs) seeking to exit primary private equity funds before they are fully liquidated.

What are secondaries investments?

A secondary investment occurs when a buyer, like HarbourVest, purchases existing private assets. The seller may want to reduce exposure to a specific stage or region or obtain near-term liquidity on what was intended to be a long-term investment.

Why are investors drawn to secondaries?

Secondaries offer investors a number of benefits, including pre-seasoned investments with early distributions, less out-of-pocket exposure, lower risk, mature, substantially invested portfolios, and the opportunity to diversify their portfolios to protect against market downturns.

What are secondaries transactions?

Definition: Secondary Stock Transaction (or Secondary) A secondary stock transaction is when an investor buys shares in a company directly from an existing stockholder (typically a founder, employee or existing investor). The funds paid go to the seller, not to the company.