Presima is a specialist asset manager that excels in its niche REIT market. As a long-term growth objective for our clients, we aim to achieve great investment results. We offer one of the longest track records in the industry¹.
1. The Concentrated Strategy inception is 1999.
A team is born
The Real Estate Group within the Caisse de depot et placement du Québec (Caisse) is formed as an investment team to manage its real estate securities portfolios.
The team launches the Concentrated Strategy, managed exclusively for the Caisse.
Presima is Created
This investment team is rolled into a distinct entity, Presima, to offer its global real estate securities expertise to other institutional investors. The Caisse remains majority shareholder.
Third Party Management
Presima’s Concentrated Strategy is offered to institutional investors via two Canadian Pooled Funds.
First Incursion into the U.S.
Presima registers with the SEC and offers its expertise to U.S. institutional investors. First U.S. tax-exempt mandates received.
MLC Asset Management, the direct investment management business of the National Australia Bank Group, acquires Presima. The firm becomes a wholly-owned subsidiary of MLC Asset Management.
Presima’s Yield and Enhanced Yield Strategies are offered to institutional investors via Canadian Pooled Funds.
First Steps in Australia
Presima launches the Global Property Securities Concentrated Fund which is offered to institutional and retail investors in Australia.
Expanded Client Solutions
Presima’s Global Real Estate Concentrated Collective Fund (CIT) is opened to qualified retirement plans in the United States.
Increase and reorientation of investment team coverage to enhance company coverage.
Presima Global Value Strategy is offered to institutional investors via a separate mandate.
’40 Act Fund
The Concentrated Strategy is offered to U.S. domiciled investors through a sub-advised Investment Company Act fund (‘40 Act).
Marc-André Flageole is named the Head of the Investment Team.
Conversion of the Enhanced Yield Strategy to the ESG Enhanced Yield Strategy via the addition of filters eliminating poor performers from the investment universe, based on ESG criteria.
Launch of the Presima ESG Real Asset Strategy a specialised investment solution, combining listed REITs and infrastructure stocks.
…Building a New Foundation
Launch of the Presima ESG Listed Infrastructure Strategy to match specific client need.
National Australia Bank spins off Presima’s parent company MLC Wealth to IOOF Holdings, an industry focused investment management firm.