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IMCO manages almost 10% return despite property dragging down results

Public-sector investor reduces exposure to office, retail as focus shifts to multifamily, life science assets
IMCO committed US$22.7 million to Torrey View in San Diego as it looks to increase investment in life sciences. (CoStar)
IMCO committed US$22.7 million to Torrey View in San Diego as it looks to increase investment in life sciences. (CoStar)
CoStar News
April 10, 2025 | 10:55 P.M.

The Investment Management Corporation of Ontario, manager of billions' worth of real estate assets, produced an overall return of nearly 10% last year but said its property holdings dragged down its results.

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