Mackenzie Real Estate Team
We strive to achieve sustainable long-term risk-adjusted returns for our investors through our extensive market research, experience and attention to unique property specific value potential.
Funds under management
Exclusive to institutional mandates
Philosophy and process
The Real Estate Team believes that to successfully generate stable and reliable returns in today’s commercial real estate market, each member must take full advantage of their knowledge and experience to understand how each property will perform and ensure it is well-positioned within its geographic location. The mandate is actively managed from both a macro economic outlook perspective and an individual property asset perspective. For every property investment we use our market research, conduct a thorough investment analysis and physically inspect each property to ensure its suitability within the portfolio of existing assets. Each property within the fund is continuously monitored and evaluated to ensure that satisfactory investment performance is maintained for the investor.
Graham Zakaluk, MBA
Investment experience since 2010
Graham Zakaluk, Vice President, Portfolio Manager, is Head of the Mackenzie Real Estate Team and is responsible for the overall management and growth of the real estate portfolio.
Graham joined the real estate portfolio management team in 2010. He brings more than a decade of real estate experience to his role, having joined Investors Group in 1999 as a Manager in the Finance department and advancing through successive positions in Finance to Vice President, Corporate Services and Expense Management.
Andrei Novak, MBA, CFA
Investment experience since 2002
Andrei Novak is Assistant Vice President, Real Estate Asset Manager on the Mackenzie Real Estate Team located in Toronto. He focuses on actively managing real property assets and analyzing investment opportunities in Ontario and the Maritimes.
Andrei joined the Investors Real Property Fund (IRPF) portfolio management team in 2015. He started his career in the real estate industry in 2002 with a major national development company and gained valuable experience in development, acquisitions and asset management. Immediately prior to his current role, Andrei worked for a prominent Canadian pension fund.
He holds an MBA degree from Murray State University in Kentucky, is a CFA charterholder and a member of Toronto CFA society.
Maurice J. Toutant
Investment experience since 1999
Maurice Toutant is Director, Real Estate Asset Manager on the Mackenzie Real Estate Team located in Winnipeg. He focuses on actively managing real property assets and analyzing investment opportunities in Saskatchewan, Manitoba and Quebec.
Maurice joined the Real Estate Team in 1999 as Asset Manager with increasing responsibility during his 20-year tenure. During this time, he has held responsibility for each region within the real estate portfolio, taking on his current region in 2018.
Maurice holds the CCIM (Certified Commercial Investment Member) and CPM® (Certified Property Manager) commercial real estate designations.
Romain Collet, MBA
Investment experience since 2008
Romain Collet is Director, Real Estate Asset Manager on the Mackenzie Real Estate Team located in Vancouver. He focuses on actively managing real property assets and analyzing investment opportunities in British Columbia and Alberta.
Romain joined the real estate asset management team in 2018. Before joining the company, Romain spent almost a decade in the commercial real estate industry in both the asset management and mortgage lending fields, first in France, where he was born and raised, and in Vancouver since 2015.
Romain holds a Master’s in Civil Engineering from the École Spéciale des Travaux Publics in Paris and an MBA from the Ecole Supérieure de Commerce de Paris, also in Paris, and is completing his CIM® designation.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.