Fiera Real Estate is an entrepreneurial group working within an institutional framework that enables clients to benefit from a unique combination of creativity and innovation supported by industry-leading expertise and investment analysis – the best of both worlds. Fiera Real Estate maintains a relentless pursuit of investment performance underpinned by best-in-class risk management, performance analytics, and asset management practises – all with a view to meet the needs of our growing and diverse client base.
Fiera Real Estate CORE Fund
Status: Open for investment
Objective: Core real estate returns through investments in Canadian commercial properties with stable, long-term, risk-protected income
Key Stats
Open ended fund structure (quarterly traded)
CAD4,549M
112 assets in all major Canadian markets
Target income return 4-6% p.a.
Target total return 6-8% p.a.
Fiera Real Estate Industrial Fund
Status: Open for investment
Objective: Stable, long-term, risk-protected income from Canadian institutional-grade industrial properties
Key Stats
Open ended fund structure (quarterly traded)
CAD1,049M
Target income return 4-6% p.a.
Target total return 7-9% p.a.
Fiera Real Estate Development Fund IV
Status: The Fund closed its final round of funding in Q1 2023
Objective: Outsized returns through Value-Add and Development investments located in strategically strong urban locations in partnership with best-in-class developers
Key Stats
Closed ended fund structure (7 year + 2 one year option)
CAD372M
Target net IRR 13-15% p.a.
Fiera Canadian Real Estate Debt Fund
Status: Open for investment
Objective: Preserve shareholder assets and generate a superior return on a short-term investment
Key Stats
Open-ended limited partnership
CAD767M
Prime + 2% to 3%
1 to 2 years loan terms
An Accredited Investor, as defined by National Instrument 45-106 (Prospectus Exemptions), can have several definitions, including but not limited to:
an individual who, either alone or with a spouse, beneficially owns financial assets having an aggregate realizable value that before taxes, but net of any related liabilities exceeding $1,000,000; (or)
an individual who, either alone or with a spouse, has total net assets of at least $5,000,000; (or)
an individual whose net income before taxes exceeded $200,000 in each of the 2 most recent calendar years or an individual whose net income before taxes combined with that of a spouse exceeded $300,000 in each of the 2 most recent calendar years and who, in either case, reasonably expects to exceed that net income level in the current calendar year;
The Accredited Investor exemption definitions listed above do not constitute an exhaustive list of all possible Accredited Investor exemption definitions. To read a detailed list of all possible Accredited Investor exemption definitions, please visit the Ontario Securities Commission (OSC) website.