BentallGreenOak

What BentallGreenOak does

BentallGreenOak (BGO) is a global real estate investment management advisor and real estate services provider, operating as a wholly-owned subsidiary of Sun Life Financial within SLC Management. Formed on July 1, 2019, through the merger of GreenOak Real Estate and Bentall Kennedy, BGO manages approximately $89 billion USD in real estate equity and mortgage investments as of March 31, 2026, across office, industrial, multi-residential, retail, and hospitality property types. The firm serves more than 750 institutional clients including pension funds, sovereign wealth funds, and insurance companies, operating from 25 offices in 12 countries across North America, Europe, and Asia, with a pending Bell Partners combination expected to lift combined AUM above $100 billion upon closing in H2 2026.

BGO's product platform spans a core Global Investment Platform complemented by specialized sub-brands: BGO Cold Chain (global cold storage), BGO Strategic Capital Partners (secondaries and co-investment), Welput (London office), and BGO DataCenters (European data centers). A Lending Platform provides real estate debt solutions across North America, the UK, and Canada, while regional property management and leasing services operate across Canada, the UK, and Asia. ClikFIX serves as the tenant and resident services portal. The technology stack supports operational integration across investment, lending, and property management workflows rather than AI-native product differentiation.

BGO generates revenue primarily through recurring asset management fees on AUM, supplemented by performance fees and carried interest typical of institutional real estate managers. The go-to-market model is enterprise field sales targeting large institutional investors directly through relationship managers across the global office network. Sun Life Financial completed full ownership of BGO in Q1 2026 via a US$1.16 billion acquisition of the remaining 44% minority interest, with parent-level capital continuing to flow into adjacent alternatives acquisitions such as Crescent Capital Group.

Name

BentallGreenOak

Legal name

BentallGreenOak

Website

https://bentallgreenoak.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

BentallGreenOak is a global real estate investment management advisor and wholly-owned subsidiary of Sun Life Financial, managing approximately $89 billion USD across real estate equity and debt for 750+ institutional clients in 25 cities and 12 countries.

Ownership category

akta.pro rank

Product category

Real Estate Investment Management

NAICS

Portfolio Management and Investment Advice (52394), Real Estate Property Managers (53131), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Real Estate Agents & Managers (For Others) (6531), Investment Advice (6282)

akta.pro primary industry

Real Estate Investment Management (Acquisitions & Dispositions) (BPAJAMAK)

akta.pro secondary industries

Real Estate Strategy & Portfolio Consulting (Corporate/Institutional) (BPAJANAB), Property Management Advisory & Leasing Administration (FSAEAJAN), Insurance-Integrated Wealth Managers (RIA + Insurance Solutions) (FSAAACAI)

Keywords

• Commercial real estate investment
• Real estate asset management
• Property management services
• Real estate lending
• Institutional real estate

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Asset Management Fees: BGO earns management fees based on assets under management from institutional clients. The company manages approximately $89 billion USD in real estate equity and mortgage investments.
2. Performance Fees / Carried Interest: Real estate investment managers typically earn performance-based fees tied to investment returns above specified benchmarks.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

BentallGreenOak is a global real estate investment management advisor and real estate services provider that manages approximately $89 billion USD in assets for 750+ institutional clients. The firm delivers investment management, lending, and property management and leasing services across office, industrial, multi-residential, retail, and hospitality property types in primary, secondary, and co-investment markets across North America, Europe, and Asia.

Product overview

BGO is a leading global real estate investment management advisor offering a unified platform of investment, lending, and property management services. The platform consists of the core Global Investment Platform managing approximately $89 billion USD in assets, complemented by specialized sub-brands including BGO Cold Chain (global cold storage), BGO Strategic Capital Partners (secondaries and co-investment), Welput (UK office investments), and BGO Data Centers (European data centers). The Lending Platform provides real estate debt solutions, while property management and leasing services operate across Canada, UK, and Asia through dedicated regional platforms. ClikFIX serves as the tenant and resident services portal. The organization serves over 750 institutional clients across primary, secondary, and co-investment markets, operating from 25 offices in 12 countries.

Differentiator

Problem solved

Functional benefit

Brands

• ClikFIX: Tenant and resident services platform
• BGO Cold Chain
• BGO Strategic Capital Partners
• Welput
• BGO DataCenters

Products and services

• Global Investment Platform BGO's core real estate investment management platform offering expertise across office, industrial, multi-residential, retail, and hospitality property sectors, with approximately $89 billion USD in assets under management serving 750+ institutional clients.
• BGO Cold Chain Global cold storage investment platform specializing in temperature-controlled logistics and industrial real estate for cold chain operations.
• BGO Strategic Capital Partners Secondaries and co-investment platform enabling institutional clients to access secondary market opportunities and co-invest alongside BGO's primary funds.
• Welput London office investment and development platform focused on UK commercial real estate assets.
• BGO Data Centers European data center platform for investing in and developing data center assets.
• Lending Platform Real estate financing solutions providing debt capital for commercial properties across North America, UK, and Canada markets.
• Property Management and Leasing Services Property management and leasing services for commercial real estate assets delivered across Canada, the United Kingdom, and Asian markets by dedicated regional teams with 100+ years of combined experience.
• Institutional Logistics Partners Fund Fund vehicle for acquiring industrial and logistics facilities, including cold storage and distribution centers, with capital partners such as CalPERS.

Quantifiable outcome

• $89 billion USD in assets under management
• +1 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Bell PartnerscoreStrategic or Co-development Partner · 30 March 2026BGO and Bell Partners announced a business combination to create a leading U.S. real estate investment management platform with over $100 billion in AUM. Bell Partners will continue operating as a distinct, vertically integrated business under BGO, retaining its leadership team and current brand. The transaction is expected to close in H2 2026 pending regulatory approvals.
• Anchor Health PropertiesminorStrategic or Co-development Partner · 30 March 2026BGO and Anchor Health Properties acquired the final medical outpatient building within the Newnan Professional Center Campus, demonstrating co-investment in healthcare real estate.
• Stream Realty PartnersminorOthers · 17 February 2026Stream Realty Partners sold the industrial facility in Empire West Business Park to BGO and CalPERS through their Institutional Logistics Partners fund.

Scale indicators5 records

Recent moves8 records

Expansion highlights7 records

Direct peers

• AEW Capital Management: Global real estate investment management firm managing core, value-add, debt, and securities strategies for institutional investors. Comparable in scale of AUM, strategy mix, and institutional client base to BGO's investment platform.
• LaSalle Investment Management: Subsidiary of Jones Lang LaSalle (JLL) managing diversified global real estate investment strategies across equity, debt, and securities. Directly comparable to BGO in offering institutional real estate investment management with global reach and multi-sector expertise.
• Invesco Real Estate: The real estate investment management division of Invesco, managing core, value-add, and debt strategies globally for institutional clients. Direct peer to BGO with similar scale, institutional focus, and ownership by a large publicly listed asset manager.
• Brookfield Asset Management: One of the largest global real estate investment managers with deep institutional LP relationships and diversified strategies across office, industrial, multifamily, retail, and hospitality. Directly comparable to BGO in business model, scale, and global footprint, with overlapping institutional client base including pensions and sovereign wealth funds.
• CBRE Investment Management: The dedicated real estate investment management arm of CBRE Group, managing hundreds of billions in real estate assets across direct investing, debt, and securities strategies. Closely mirrors BGO's global investment management platform with comparable institutional client base and multi-strategy offerings.
• Principal Real Estate Investors: Real estate investment management arm of Principal Financial Group, serving institutional clients globally with core, value-add, debt, and securities strategies. Direct peer to BGO in institutional focus and ownership by a large financial services group.
• Nuveen Real Estate: The real estate investment management business of Nuveen (TIAA), managing a large global real estate portfolio for institutional investors. Comparable to BGO in institutional focus, scale of AUM, and ownership by a large financial services parent.
• Heitman: Global real estate investment management firm with private equity, debt, and securities strategies serving institutional clients. Comparable to BGO in institutional focus, real estate specialty, and global operating footprint.

Broad incumbents

• JLL (Jones Lang LaSalle): Global commercial real estate services firm offering property management, leasing, capital markets, and investment management (through LaSalle) at much broader scale than BGO. Comparable in property management and leasing services but with broader capital markets and advisory businesses.
• CBRE Group: Global commercial real estate services and investment firm with property management, leasing, valuation, and investment management (through CBRE IM). Comparable to BGO's property management and leasing services in Canada, UK, and Asia as part of a broader global services platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/bentallgreenoak

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments7 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BentallGreenOak