QuadReal Property Group is a Canadian real estate investment, development, and operating company headquartered in Vancouver, British Columbia. Established on June 1, 2016, as a wholly owned subsidiary of British Columbia Investment Management Corporation (BCI), the firm serves as BCI's real estate investment arm. The company was created to align with peer Canadian pension fund managers that operate dedicated real estate platforms, consolidating assets previously managed by Bentall Kennedy, GWL Realty Advisors, and Realstar.
The firm invests in equity and debt across public and private markets through direct ownership, programmatic partnerships, and operating platforms. Its portfolio spans office, industrial, multi-residential, retail, student housing, seniors housing, data centers, storage, healthcare, hospitality, and land lease communities. Originally, 87% of investments were concentrated in Canada, but the firm has pursued international diversification, targeting a balanced allocation of 50% in the Americas and 25% each in Europe and Asia.
QuadReal operates with a vertically integrated approach, overseeing acquisitions, development, asset management, leasing, and capital investment across its holdings.
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