Delivering Exceptional Returns Since Inception
Concert Income Properties (“CIP”) was initially formed on October 1, 2016 as a commercial fund and renamed in January 2023 to reflect asset diversification and the inclusion of multifamily residential rental properties in the portfolio. With the potential to move into the rental property market, the fund and its investors will aim to benefit from one of the most resilient and sought-after asset classes in Canada.
Supported by Canadian pension funds and institutional investors, this open-ended, limited partnership Canadian fund has delivered exceptional returns since inception, with an asset value of nearly $2.9 billion and 12.5 million square feet of leasable area. The objective of CIP is to maximize long-term value by acquiring, developing and managing industrial, office and multifamily residential real estate in Canada.
The creation of CIP was sponsored by Concert Real Estate Corporation (“CREC”) which retains a majority interest in CIP. The fund is managed by Concert Realty Services Ltd., a wholly owned subsidiary of CREC.
Concert Properties, through Concert Income Properties, today is considered one of the strongest buyers and partners in Canada because of its exceptional integrity, ability to be highly creative and a problem solver.Peter Senst, President of CBRE Canadian Capital Markets