Our Company

Working to maximize the value of the assets and portfolios under our management.

3.51%

total 2020 return
(almost 800 basis points more than the one-year
MSCI Canada Property Index)

683

real estate transactions completed since 1996

110

development projects completed since 1996

7

consecutive GRESB Green Star rankings

Incorporated in 1993, GWL Realty Advisors is a real estate company focused on growth, committed to sustainability, and dedicated to delivering strong, long-term returns for its clients. To do this, we look for opportunities, at home and abroad, to expand our portfolio, initiate rewarding partnerships and establish new investment platforms for our clients. We act as trusted stewards of our clients’ assets and the places where our tenants work and our residents live.

Building upon our existing operations in Canada, GWL Realty Advisors entered the U.S. in 2018 with the acquisition of EverWest Real Estate Investors (EverWest). In 2019, Guggenheim Real Estate LLC (GRE), the real estate private equity platform of Guggenheim Investments, was acquired and fully integrated into EverWest. In 2021, Great-West LifeCo Inc. announced a long-term strategic partnership with Sagard Holdings (Sagard) which included the sale of EverWest.

Providing opportunities for our clients to invest in the U.S. real estate market continues to be a priority for GWL Realty Advisors. Although EverWest is no longer a subsidiary of GWL Realty Advisors, we maintain a close working relationship to advance the U.S. investment mandates on behalf of our existing and new clients.

Backed by The Canada Life Assurance Company, a leading Canadian international financial services company, we act with integrity in every transaction, every agreement and every relationship, which makes us a welcome partner. We value our staff and draw upon their creativity and determination, so we can move boldly to achieve our goals – and to develop and manage spaces that engage, excite and inspire.

Decade in Review, 2010 – 2020

At GWL Realty Advisors, we have built a value-generating portfolio founded on high-performing commercial, industrial, residential and retail assets. We have grown while remaining true to our mission to deliver strong, long-term returns for our clients. View our tremendous accomplishments between 2010 and 2020 by visiting our microsite, which celebrates a decade of growth, evolution, and achievement as a real estate leader.

Our Services

Our extensive suite of real estate services includes portfolio management, acquisitions and dispositions, development, asset and property management, and leasing, across the full range of office, industrial, retail and multi-residential asset classes.

We also manage three real estate segregated funds, including two of Canada’s largest open-end real estate segregated funds: Great-West Life Real Estate Fund and London Life Real Estate Fund.

Organization Structure

In 2018, Great-West LifeCo Inc. established a global real estate group with a mandate to maximize scale and increase global investment opportunities. Collectively, this division manages approximately $28.9B in real estate assets across the globe, and is led by Paul Finkbeiner, Executive Vice-President, Global Head of Real Estate, who was formerly President of GWL Realty Advisors.