Hazelview Investments and Presima have completed a strategic transaction that brings together their respective global REIT investment teams, creating a combined platform designed to deliver deeper research, broader global reach, and enhanced client service across the real estate securities space. Under the terms of the transaction, Hazelview will assume Presima’s investment management contracts, and key Presima professionals will join Hazelview’s global REIT team, continuing to lead the strategies they oversaw at Presima to ensure continuity for existing clients.
Hazelview Investments is a global real estate investment firm with more than 25 years of experience and more than $10 billion in assets under management, operating from offices in Toronto, New York, Hamburg, and Hong Kong. Presima is a specialist asset manager with one of the longest REIT investment track records in the industry.
The combination strengthens Hazelview’s ability to deliver expanded global REIT coverage, deeper research and analytical capabilities, greater scale to support future growth, and a broader range of investment solutions. Clients of both organizations are expected to experience a seamless transition of portfolio management, reporting, compliance, and administration, with familiar leadership remaining in place on the Presima side. Hazelview’s Co-CEO and CIO of Public Real Estate, Corrado Russo, described the alignment as further enhancing the firm’s best-in-class REIT business by combining talent, technology, and global reach in service of a shared vision for client outcomes.
Presima Managing Director Marc-André Flageole expressed enthusiasm about joining Hazelview’s platform, noting that clients would gain access to a stronger platform underpinned by familiar leadership. The transaction follows careful planning specifically designed to minimize disruption for existing clients while enabling the combined organization to build toward its next phase of growth. Presima’s strategies have historically included Global REIT absolute and relative approaches as well as Global Real Assets and Listed Infrastructure strategies, all of which will be accessible through the larger Hazelview platform post-transaction.
The deal reflects ongoing consolidation in the listed real estate and REIT investment management space, where scale increasingly matters for research coverage, client service, and the ability to compete for institutional mandates across geographies and strategy types.
KEY QUOTES:
“With this strategic alignment, we are further enhancing our best-in-class REIT business. Our shared vision is to serve clients better by combining talent, technology, and global reach.”
Corrado Russo, Co-CEO and CIO Public Real Estate, Hazelview Investments
“We are excited to join Hazelview Investments’ platform and accelerate the growth of the strategies our clients trust. Clients will get access to a strong platform underpinned by familiar leadership.”
Marc-André Flageole, Managing Director Public Markets and Head of Presima
