Christina Iacoucci has been promoted to head of Canadian business at BentallGreenOak (BGO) and will also continue to serve as BGO’s chief investment officer in Canada.

Multifamily assets delivered the lowest income return of the property sectors to institutional investors in the Canada Property Index last year, but produced strong total returns on a foundation of 7.3 per cent capital growth.

A 6.65 per cent average total return on the Canada Property Index's 2,723 directly held standing assets, scattered across eight major markets, cloaks significant variances between property sectors and from market to market.