Country

Canada

Overall AUM

€93,980m

RE AUM

€55,080m

Annual performance

8.30%

Judge's report

Oxford Properties Group’s investment approach, diversified across capital structures, geography and investment structures, is paying off in the current period, with positive returns exceeding 8% in 2024.

Its focus on quality is delivering superior results in the office market, with the landmark 2017 EY Tower redevelopment still 100% leased, while displaying below-market vacancy rates in major Canadian office markets. It continues to surpass leasing expectations, securing more than 18 million square feet of space, including the largest downtown office leases in Calgary and Toronto and outperforming the global office market.

It has a demonstrated track record of innovation, continued in 2024 with launch of Oxford Innovative Science, the eco-conscious industrial James Snow BP project, and construction of the 30-storey towers in Vancouver entirely dedicated to rental housing.

STRATEGIC TAKEAWAYS

➤ Where competitive advantages are identified in specific geographies or asset classes, the business is grown internally

➤ Creative with capital, investing across the risk-reward spectrum, including properties, portfolios, development sites, debt, securities and real estate businesses

➤ Strong conviction in the US logistics led to $3.5bn acquisition of IDI Logistics with over $1.25bn in debt investments backed by US industrial assets

HIGHLY COMMENDED

Judged by

Théodore Economou
Chandran Fernando
Heather Fernstrom
Sue Forster

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