Great-West Lifeco appoints new global head of real estate

President of Great-West Lifeco Realty Advisors moves up to new role

Great-West Lifeco appoints new global head of real estate
Duffie Osental

Paul Finbeiner, president at Great-West Lifeco Realty Advisors (GWLRA), was recently appointed executive vice-president, global head of real estate of Great-West Lifeco. Ralf Dost will replace Finbeiner as president of GWLRA.

With over 30 years of real estate experience under his belt, Finkbeiner grew GWLRA from $800 million in assets under management to $17 billion assets under management, managing more than 230 office, industrial, retail, and multi-residential properties located across the country.

"Under Paul's strong leadership, GWLRA has become one of Canada's leading real estate organizations," said Raman Srivastava, executive vice-president and global chief investment officer at Great-West Lifeco.

"In this role, Paul will work to establish a global real estate platform leveraging our existing strong regional capabilities to allow us to continue to accelerate our growth and maximize our access to investments across the regions. We're excited to chart a strategic path to further expand our global real estate footprint."

Read more: Canadian insurer's real estate arm begins U.S. expansion

Collectively, Great-West Lifeco manages approximately $25 billion in real estate assets across the globe. Finbeiner will work closely with regional leaders to set a strategic direction and deliver on investment goals across a diverse global real estate investment platform.

 

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