We provide institutional investors with access to real estate capabilities through a range of carefully designed investment solutions built upon a robust investment process.
Building a global real estate investment portfolio
Why invest in real estate outside Canada?
Key considerations for Canadian investors looking to diversify their real estate portfolio
The Single Global Property Market Myth: Global property markets have similar income/capital return profiles
FACT: Each market offers a different income/capital return profile.
Note: Data are for the longest period available and vary from country to country.
Source: Fidelity International, August 2019, based on data from MSCI, for the period to the end of 2018.
The Single Global Property Market Myth: Developed markets behave in a broadly similar fashion over time.
FACT: Markets have very different long-term risk-return profiles.
Note: Long term coverage varies by country.
Source: Fidelity International, based MSCI annual country level all property real estate indices, as at end 2018.
The Single Global Property Market Myth: Canadian real estate is highly correlated with other markets.
FACT: The Canadian real estate market is not highly correlated with many key European markets.
Source: Fidelity International, based on data from MSCI to 31/12/2018. Long term coverage varies by country.
Why Fidelity for real estate?
Our real estate team offers a proven track record and a distinct investment approach. With a Europe-wide team, we’re able to take a hands-on approach to investment management, delivering a trusted service for investors.
Our investment philosophy is guided by three core principles:
A strong focus on income
Income is the most important component of total return from real estate. With volatility management and downside risk at the forefront of our investment process, we seek to achieve sustainable capital growth by enhancing our income streams.
Bottom-up stock selection
Our experienced investment team analyzes every property on its individual merits. Rigorous analysis of tenant covenant strength, market research and our award-winning proprietary risk-management systems enhance our stock-picking approach.
Active management
Active asset management is essential to truly unlocking the value potential of a real estate investment and delivering strong performance for our clients. We maintain a strong focus on our tenants and buildings, constantly trying to find opportunities to improve income and capture sustainable capital growth.
Real estate investment solutions
This information is designed to provide an indication of certain attributes of these strategies and is subject to change. For full details of the applicable mandates, including the investment objectives, please contact Fidelity Canada Institutional.
Meet the team
With over 21 years’ average experience in U.K. and European real estate investment, our team combines vast experience with strong expertise in managing European commercial real estate portfolios. Our hands-on approach to asset management aims to generate a consistent income stream coupled with sustainable growth for our clients over the long term.
Mr. Cable joined Fidelity in 2006 and has 27 years of experience in U.K. and European real estate investment. He has held senior roles in both fund management and research in some of the industry’s most respected institutions.
Mr. Benedict joined Fidelity International in 2008 and has over 20 years’ experience in real estate finance, with extensive experience of advising on and structuring real estate solutions, having previously worked at Invista Real Estate, KPMG and UBS Investment Bank.
Ms. Puhar joined Fidelity in 2007 and has 23 years of experience in U.K. real estate investment. She brings her extensive experience of portfolio management and investment transactions in the U.K. market to the team.
Ms. Politzer joined Fidelity International in 2018 and has over 28 years of experience in European real estate markets. She has carried out extensive research supporting a wide range of investment styles and strategies in both commercial and alternative real estate sectors, having worked previously at Invesco and Atis Real.
Mr. de Sérésin joined Fidelity in 2008 and has 22 years' experience in the European real estate industry. Prior to joining Fidelity, he was a Director within the European capital markets team at JLL, executing and advising on investment transactions, with a focus on the French and Spanish real estate markets.