Although Canada's REIT market is growing, the primary challenge is lack of enough attractive assets
Coming from very humble beginnings, Greg Romundt had never imagined he would head a real estate firm someday. After successfully building up businesses in New York, Tokyo, Hong Kong, London and Singapore for two global financial institutions, he returned to his home city of Toronto in 2003. Having developed a good understanding of the Canadian real estate investment landscape over the years, he converted Centurion from a private investment fund into a real estate investment trust (REIT) in 2009. Set to manage assets worth $5 billion by 2023, his is one of the exemplary success stories from Canada's real estate industry.