Canada CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


Quebec  + Canada + Cross Border News  + Finance  | 
Canadian institutional investor Sagard has opened an office in Abu Dhabi.

Canada’s Sagard Opens Office in Abu Dhabi

Canadian institutional investor Sagard has opened an office in Dubai.

The office is Sagard’s first in the Persian Gulf region and adds to the Montreal-based global asset manager’s ongoing international expansion program. 

The opening comes after Abu Dhabi sovereign-wealth fund ADQ acquired a stake in Sagard in July 2023. The Bank of Montreal also bought a stake in Sagard at that time.

Firas Mallah was appointed managing director of the new Sagard office and head of the company’s Middle East region. From 2011 to 2017, he served as BMO Global Asset Management’s managing director for the Middle East and North Africa.

The Abu Dhabi office opening comes as Canadian institution investors are showing strong appetite for international activities. The Healthcare of Ontario Pension Plan intends to open an office in London.

Also, Toronto-based Brookfield Asset Management and French lender Societe Generale recently announced plans to launch a $14.6-billion private debt fund.

Photo: Sorbis / Shutterstock


Inside The Story


About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.

  • ◦Development
  • ◦Financing
New call-to-action
New call-to-action