TDAM launches real estate fund

Toronto-based TD Asset Management Inc. (TDAM) launched the TD Greystone Global Real Estate Fund L.P. on Thursday.

The fund aims to deliver strong long-term, risk-adjusted returns by investing in a diversified portfolio of direct and indirect global real estate investments, TDAM said in a release. The fund offers exposure to more than 500 properties in 15 countries.

“We are pleased to provide a fund with access to the benefits of privately held global real estate assets,” Colin Lynch, TDAM’s vice president and director of global real estate investments, said in a statement.

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