Hazelview Investments is a global alternative investment manager focused on real estate and has been for over 20 years. We maximise returns for investors by employing a value-oriented investment philosophy combined with an active management style to identify assets that will generate predictable cash flow over the long term. We have earned a reputation for providing conservatively managed, risk-averse investment opportunities for institutions, trusts and endowment funds, discretionary investment advisers and qualified individuals. Our core competency is our ability to accurately value cash-flowing assets based on a comprehensive analysis of the quality and sustainability of their current and future revenue streams. This fundamental knowledge of bricks-and-mortar investing is critical to identifying high-quality real estate investment opportunities.

Hazelview’s global real estate investment platform currently manages over C$11.7bn* in both private and public real estate equity and debt in North America, Europe and Asia-Pacific. Investment structures include core, value-add and opportunistic strategies that are offered through separate accounts and commingled private and public funds. Hazelview is headquartered in Toronto with offices in New York, Hamburg and Hong Kong.

* As of 30 September 2024.

Sector forecasts

INDUSTRIAL: Although the industrial sector in North America has seen robust performance since the COVID-19 pandemic boom, fundamentals for the industry have weakened with oversupply and rising vacancy rates. The gap between market rents and in-place rents has narrowed as market rents have started to decline with new supply exceeding demand. We expect this dynamic to weigh on the industry over the next two-year period. However, the sector’s fundamentals remain solid in certain core markets with limited land availability, particularly around major logistics hubs. Disciplined capital allocation and selective acquisitions will be key to navigating this transitional phase.

NORTH AMERICA DATA CENTRES: The North American data centre market continues to experience extraordinarily strong fundamentals, driven by soaring demand for digital infrastructure, cloud services, and AI applications. US data centres recorded a historic low vacancy rate in the first half of 2024, underscoring the sector’s unmatched growth momentum. Supply constraints, coupled with the surging increase in data storage needs, have pushed rents higher and reduced leasing availability, particularly in primary markets. With hyperscale providers and tech companies expanding at record pace, data centres are well-positioned for sustained growth. The focus on infrastructure upgrades, energy efficiency, and sustainable power sources will be key as demand intensifies, making data centres a standout segment in the commercial real estate landscape.

Investment principles & strategy 

Hazelview focuses on identifying and valuing real estate investment opportunities on a risk-adjusted basis. We source investment opportunities across the capital stack and access stable, inflation-hedged cash flow by investing in real estate both privately and publicly that own investment-grade real estate. Over the past 20 years we have built a full-service, active management platform with capabilities that stretch across the entire spectrum of real estate, investing privately and publicly in equity and debt. Our experienced team of real estate professionals are strategically located in key global markets including Canada, the US, Europe and Asia, providing us with a deep understanding of local dynamics and enabling us to accurately and efficiently source, underwrite and monitor global real estate investments.

Private Real Estate Investments: Hazelview offers exposure to multiresidential and commercial real estate through direct investments under core, value-add and opportunistic strategies. With over 20 years of real estate investment experience, we have a proven track record for executing; and our success in doing so is supported through a fully integrated investment, development and property management platform.

Public Real Estate Investments: Hazelview offers global real estate exposure through investments in public equity and debt securities. Our global securities platform allows us to create tailored solutions for investors seeking global real estate exposure and to provide investment strategies that can efficiently capitalise on mispricing in different global markets. We employ the same bottom- up approach we take to real estate investments when investing in public securities, which is to underwrite the assets directly, but primarily access the bricks-and-mortar through publicly listed real estate securities.

Four Quadrant Global Real Estate Partners (the Four Quadrant Fund): is specifically designed to combine Hazelview’s various investment strategies into one globally diversified, integrated real estate investment solution. The Four Quadrant Fund offers access to real estate private equity investments, while providing income and liquidity. By investing both publicly and privately in real estate debt and equity, the Four Quadrant Fund is designed to minimise volatility, while maximising the total return for investors.

Performance verification 

Hazelview Securities Inc. (HSI), a subsidiary of Hazelview Investments, is the manager of Hazelview’s global real estate securities strategies. HSI claims compliance with the Global Investment Performance Standards (GIPS®). To receive a list of composite descriptions and/or presentation that complies with GIPS standards, contact HSI at info@hazelview.com.

COMPLIANCE STATEMENT 

This information is provided for use by qualified accredited investors for informational purposes only. It is not intended for, and should not be distributed to, or relied upon by, the public. Information described herein reflects the views of Hazelview Securities Inc. as of the date hereof. No representation or warranty is made concerning the accuracy of any information provided herein and there can be no guarantee that any forecast or opinion set out in these materials will be realized. This is not investment advice and may not be construed as investment, legal or tax advice, or as sales or marketing material for any financial product or service sponsored or provided by Hazelview Investments Inc. or any of its affiliates or agents.