Hazelview Investments and Presima have combined their global REIT teams, the companies announced Monday.

Under what the partners described as a strategic transaction, Hazelview will assume Presima’s investment-management contracts, while Presima professionals join Hazelview’s global REIT platform and continue leading their existing strategies, ensuring continuity for clients.

Corrado Russo, Hazelview’s chief investment officer for public real estate, refused to define the transaction.

“We view this as a strategic alignment of two highly complementary businesses, rather than defining it strictly as a merger or acquisition,” Russo, also a Hazelview managing partner, told Connect.

The combined platform is expected to enhance research capabilities, expand global REIT coverage, and provide greater scale to support future growth, alongside a broader suite of investment solutions for clients. Hazelview said the integration will also strengthen its global footprint, which includes offices in Toronto, New York, Hamburg, and Hong Kong.

“This transaction brings together two highly complementary REIT platforms to create a deeper, more experienced global investment team,” Russo told Connect. “By combining Presima and Hazelview, we are enhancing our research capabilities, expanding global coverage across North America, Europe, and Asia, and strengthening the overall bench behind our strategies.”

Russo declined to disclose financial terms.

He said two Presima professionals will join Hazelview, including Marc-André Flageole, managing director and head of Presima. The Presima brand will not be retained. The combined team will operate under the Hazelview banner.

“The combined platform increases our scale, broadens our capabilities, and strengthens our global reach, positioning the business for long-term growth,” Russo told Connect. “Importantly, it also allows us to offer a more diverse range of REIT strategies to our clients. Over time, we will explore opportunities to further broaden our product offering.”

Going forward, the expanded platform will not manage Hazelview assets exclusively. Russo told Connect that by remaining intact, both Hazelview and Presima’s strategies will continue to be managed with the same disciplined approach that clients expect.

“What changes is the depth behind those strategies — with enhanced research capabilities, expanded global coverage, and greater bench strength supporting all portfolios,” he said.

Hazelview and Presima indicated that clients should experience a seamless transition across portfolio management, reporting, compliance, and administration.

“We are excited to join Hazelview Investments’ platform and accelerate the growth of the strategies our clients trust,” said Flageole in a news release. “Clients will get access to a strong platform underpinned by familiar leadership.”

Toronto-headquartered Hazelview is a global real estate investment firm with more than 25 years of experience and approximately $10 billion in assets under management as of December 31, 2025. The firm provides access to public and private real estate investment opportunities through a vertically integrated platform that includes investment, development, and property-management capabilities, serving institutional investors worldwide.

Montreal-based Presima has served as a specialist asset manager focused on listed REIT markets, offering a range of global strategies backed by long-term, real estate-focused analysis. The firm has developed multiple investment approaches, including global REIT and real assets strategies.