Agellan Capital Partners Inc announces its third place ranking in the
Investment Property Databank index
TORONTO, March 26, 2013 /CNW/ - Agellan Capital Partners Inc ("Agellan")
announced today that Investment Property Databank Ltd. ("IPD") ranked an
Agellan managed fund third in total return in comparison to the IPD index for
the year, and three years ending December 2012. Within Canada, the IPD index
comprises portfolios ("Funds") managed by 28 institutional investors and
investment managers on over 2,100 institutional grade properties with an
aggregate value of C$106 billion as of December 31, 2012.
The Agellan managed Fund recorded a one year total return of 22.7%, which is
7.7% above the IPD Canadian All-Fund Universe Benchmark.For the three year
return benchmark, the Fund's reported total return was 16.7%, which is 3.0%
above the Canadian All-Fund Universe Benchmark. (All returns are reported on
an un-levered basis). The closed Fund was comprised of industrial properties
in Ontario and Quebec.
About Agellan Capital Partners Inc
Agellan is a privately held commercial real estate management company based in
Toronto, Ontario. Agellan both develops and executes real estate investment
strategies in Canada and select markets in the United States. Since 2003,
Agellan has transacted over $1.7 billion of commercial real estate on behalf
of its clients and has managed a mixed commercial portfolio of up to
approximately eight million square feet. Agellan's clientele includes Agellan
Commercial Real Estate Investment Trust (TSX:ACR.UN), domestic pension funds,
international financial institutions and private investors.
About Investment Property Databank Ltd.
IPD provides real estate benchmarking and portfolio analysis services to
clients in over 30 countries around the world. These services incorporate more
than 1,500 funds containing nearly 70,000 assets, with a total capital value
of over USD 1.4 trillion. Each year, IPD produces more than 120 indices
helping real estate market transparency and performance comparisons, as well
as nearly 600 benchmarks for client portfolios. IPD is a subsidiary of MSCI
Inc. a leading provider of investment decision support tools to investors
globally, and clients include real estate investors, managers, consultants,
lenders and occupiers.
Frank Camenzuli, President Agellan Capital Partners Inc Tel: (416) 593-6800
x226 Fax: (416) 593-6700
Terra Attard, Vice President and Secretary Agellan Capital Partners Inc Tel:
(416) 593-6800 x227 Fax: (416) 593-6700
SOURCE: Agellan Capital Partners Inc
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-0- Mar/26/2013 18:09 GMT
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