Northam Property Funds FCP-FIS

In 2008 Northam’s senior management decided to amplify its corporate strategy by further building upon its unique combination of excellent expertise in the Canadian commercial real estate market and access to international capital, especially in Europe. 

Having built a solid track record under its own brand and as the real estate investment advisor for high-net-worth individuals, both for MPC Capital AG and Union Investment Group (retail investor basis), the idea of setting up a new product line targetting European institutional real estate investors was born. Consequently Northam founded ‘Northam Property Funds Management S.á r.l.’ which has its office and staff in the financial center of Luxembourg to market, manage and service the new product line.

Northam Realty Advisors Limited, Canada, serves as the Canadian investment advisor. In Germany the new product line is supplemented by a subsidiary based in Frankfurt am Main serving as a feeder entity.

As of June 30th 2010 Northam has successfully raised more than CAD 400 million of equity capital for its first Sub-Fund under the Luxembourg umbrella structure. The ‘Northam Canadian Commercial Property Fund FCP-FIS’, the first sub-fund, will target core/core+ commercial properties in Canada's major cities yielding stable income and capital appreciation for its international investor base.