FOR IMMEDIATE RELEASE
WINNIPEG, MB NOVEMBER 7, 2024 – Private Pension Partners (P3) today announced a major milestone in the growth of its platform, marked by an expanded geographic reach and a transformative new partnership with Ruck Lane.
P3 offers a fully integrated real estate service platform to institutional and high-net-worth clients, including asset management, property management, leasing, and brokerage services, as well as investment opportunities in private real estate vehicles it manages. The firm manages Apartment Plus (A+) REIT, which offers a stabilized portfolio of premium and luxury multi-family properties in regional Canadian markets, with a current fair market value of $565M. P3’s mission is to create value in the experiences of its investors, staff, tenants, and the communities they live in.
The partnership with Ruck Lane brings deep industry expertise and critical capital relationships. Ruck Lane, led by Chuck Scott—former Canadian CEO of Cushman & Wakefield—is a newly established venture capital group committed to partnering with P3 to add scale to their platform.
“This strategic partnership allows P3 to continue its mission through a best-in-class fully integrated real estate platform, now on an expanded scale,” said Don White, Chief Executive Officer of P3. “While our head office will remain in Winnipeg, we are excited to leverage our proven platform into key markets nationwide, and to create value by unlocking opportunities for our existing clients and investors, as well as new ones.”
“Ruck Lane is dedicated to working with real estate companies committed to realizing their full potential and leveraging economies of scale,” said Chuck Scott, CEO of Ruck Lane. “Since 2010, the P3 team has developed a robust platform and an impressive track record. We look forward to supporting their expansion into new markets across Canada.”
P3’s existing leadership team will remain in place and will continue to be based in Winnipeg. The firm will add an executive leadership function in Toronto.
FOR MEDIA INQUIRIES:
Brad Dugard
S+C Communications
647.268.4599
[email protected]