- What BGO has been named as asset and property manager for the Toronto Transit Commission Pension Plan’s real estate portfolio
- Why The fund aims to enhance its assets and maximize risk-adjusted returns
- What next The firm will deliver management services, including portfolio and asset strategy, transaction and financing services
BGO will manage properties wholly owned by the Toronto Transit Commission Pension Plan (TTCPP) under a new agreement.
The firm has been assigned as the asset and property manager of the fund’s 1.7m sq ft portfolio, as TTCPP seeks to drive asset performance and maximize risk-adjusted returns.
BGO will deliver portfolio and asset strategy, transaction and financing services, and ESG services for the fund.
BGO Properties, the firm’s Canada-focused real estate management business, will handle management services, leasing, and construction management.
“BGO’s expertise will help us enhance current assets and explore new opportunities that balance risk and value for our retirees,” said James Clarkson, acting CEO for TTCPP.
