OPTrust Offers Space to Support Vaccination RolloutPosted: February 18, 2021
TORONTO, February 18, 2021 – In an effort to support the vaccination rollout and do its part in the battle against the COVID-19 pandemic, OPTrust has joined a group of property owners in offering Canadian governments and health networks free access to commercial real estate to use as vaccination sites.
"It is in the best interests of OPTrust members and society more broadly to do our part in supporting an efficient rollout of the COVID-19 vaccination,” said Mark Klym, Director of Real Estate Investments at OPTrust. “The vaccine is crucial to saving lives, and will eventually allow businesses and the economy to re-open.”
The move is part of a joint effort by REALPAC, a national association for owners and managers of investment real estate, and its member organizations to identify available commercial real estate across the country that can be used for vaccine distribution. OPTrust has been a member of REALPAC since 2007. As part of this effort, OPTrust will monitor requests for space and try to find a match with its available properties.
It is in the best interests of OPTrust members and society more broadly to do our part in supporting an efficient rollout of the COVID-19 vaccination. The vaccine is crucial to saving lives, and will eventually allow businesses and the economy to re-open.”Mark Klym, Director of Real Estate Investments at OPTrust
“As a pension organization focused on long-term sustainability, offering access to our properties will allow us to help put an end to the pandemic that has tragically taken so many lives, exacerbated inequality and caused a drastic blow to many businesses,” said Klym. “We thank the OPTrust members that have played an important role in the COVID-19 response. We will continue to do our part to fight the pandemic and to work diligently to navigate the difficult environment with a view to continuing to provide stable and secure pensions for our members now and into the future.”
With net assets of almost $22 billion, OPTrust invests and manages one of Canada's largest pension funds and administers the OPSEU Pension Plan (including OPTrust Select), a defined benefit plan with over 96,000 members. OPTrust is a global investor in a broad range of asset classes including Canadian and foreign equities, fixed income, real estate, infrastructure and private markets, and has a team of highly experienced investment professionals located in Toronto, London and Sydney.
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