AIMCo buys OMERS' $520 mln mortgage portfolio
Alberta Investment Management Corp (AIMCo) has acquired the mortgage portfolio of the Ontario Municipal Employees Retirement System (OMERS). The portfolio, which consists of 50 geographically dispersed Canadian mortgages, is valued at $520.3 million. The Edmonton, Alberta-based AIMCo, which manages more than $80 billion in assets, said the acquisition fits well with its existing holdings secured by institutional quality, income producing properties.
15 August 2014•2 mins read
