Fiera Properties Limited and Roycom Inc. are merging their businesses in order to create a new national real estate investment platform. “When Fiera Capital Corporation and Axia Investments jointly created Fiera Properties Limited, we determined that the best growth strategy for our new organization would be to team up with an industry leading partner with an existing platform and solid track record,” said Stuart Lazier, CEO of Fiera Properties Limited. “By joining with Roycom, we have found the right partner that will help us launch our business and market new products. Our investors will recognize us as a trusted real estate investment management firm which serves the evolving needs of the investment community through intelligent innovation in all of our products and services.”
“We see great prospects in joining with a distinguished partner within the Fiera Capital family,” said Rob Roy, president of Roycom Inc. “Over the past 15 years, Stuart and I have worked together on numerous transactions. We felt our businesses were complementary and will continuously generate value for our investors who have entrusted us with their capital to deliver on their promise to their stakeholders.”
“The first priority will be ensuring that our existing client’s needs are being fully satisfied,” said Lazier. “Next, we plan to develop a new unique fund structure that will meet the ever changing needs of our investors, by utilizing the depth and experience of the Fiera organization.” After the merger, Lazier will be Chief Executive Officer and Roy will be president of the organization, leading a combined team of 12 professionals in Halifax and Toronto.