QuadReal Property Group, the real estate investment arm of bcIMC, has hired Dennis Lopez, presently Global Chief Investment Officer of Real Assets for AXA IM – Real Assets, as Chief Executive Officer (CEO), effective June 5th, 2017.
Lopez joined AXA IM – Real Assets, formerly AXA Real Estate, in 2009. Prior to that, he had held positions of CEO with Sun Real Estate, Global Head of Real Estate with Cambridge Place Investment Management, and Managing Director and Head of European Real Estate with JP Morgan.
Lopez holds an MBA in Finance & Accounting from University of California, Los Angeles.
Lopez will work with the company’s Board of Directors and Executive Management to set and execute global and domestic real estate investment, development and management strategy across our core business lines – industrial, office, residential and retail. Implementation will include the enhancement of these lines and the underlying business services to support them, such as human resources and technology.
“From the outset, we believed that a successful search for a globally recognized real estate leader would complement our strong Canadian and growing international capabilities,” said Paul Cantor, Board Chair, QuadReal. “Mr. Lopez has earned a reputation as an innovative, dynamic real estate executive who is focused on creating and delivering value.”
“QuadReal’s mandate to become a leading institutional real estate investment firm, with properties in Canada and around the world, captures my imagination and inspires me to lead this team,” said Lopez. “I am excited by QuadReal’s potential, and look forward to working with my new colleagues to deliver peerless service to our tenants and residents, desirable investment returns, and a rewarding work experience for every team member.”
QuadReal manages assets totaling more than $18 billion, including some of Canada’s most well-known properties.