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Want to Invest $1 Billion in Real Estate Across Canada? Good Luck

Partnership Completes First Capital Raise for Fund Targeting $7.5 Billion Portfolio in Country's Largest Cities

The Broadway Tech Centre is one of 45 buildings in the RBC Canadian Core Real Estate Fund. (CoStar)
The Broadway Tech Centre is one of 45 buildings in the RBC Canadian Core Real Estate Fund. (CoStar)

The first wave of equity commitments for a new fund targeting some of Canada’s premier real estate topped $1.25 billion, and the country’s largest bank, partnering with one of its largest pension funds, could have raised even more money.

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