UPP forms strategic partnership with WPT Capital Advisors to expand logistics exposure

New partnership marks UPP's first U.S. strategy focused on investing in warehouse and distribution facilities in high-growth industrial markets, targeting long-term value creation for members

University Pension Plan (“UPP”) is pleased to announce a strategic partnership with WPT Capital Advisors (“WPT”), a leading U.S. industrial real estate sector specialist. The joint venture will pursue a disciplined investment strategy, aligned with UPP’s long-term risk and return objectives, focused on acquiring and developing warehouse and logistics properties across major U.S. supply-chain and distribution hubs. The financial terms of UPP’s commitment are undisclosed.

The partnership reinforces the Plan’s commitment to portfolio stability, providing access to inflation-protected investments that will deliver long-term pension growth and value to its members. It also marks a significant step in diversifying and expanding UPP’s real estate portfolio in a target sector, in line with its diversification goals.

We are delighted to partner with WPT, a vertically-integrated sector specialist focused on the acquisition, development and management of industrial properties in the U.S.,” said Peter Martin Larsen, Senior Managing Director, Head of Private Markets at UPP. “This partnership builds UPP’s portfolio in warehouse and logistics assets, reflecting our commitment to strategic partnerships that can generate resilient, long-term benefits for our members. WPT’s proven track record, coupled with their deep market expertise, positions us to capitalize on strong market fundamentals and advance an important part of our investment strategy.

This collaboration further strengthens UPP’s growing real estate platform, which already includes investments in Canadian residential development and housing supply solutions. By targeting assets with inflation-protected characteristics and pursuing a globally diversified portfolio, UPP continues to balance risk, capture opportunities, and generate reliable, long-term returns to protect members’ pensions.

About UPP

University Pension Plan Ontario (UPP) is a jointly sponsored defined benefit pension open to all Ontario university sector employers and employees. UPP manages $12.8 billion in pension assets and proudly serves over 41,000 members across five universities and 14 sector organizations. The plan invests to deliver secure, stable pension benefits for members today and for generations to come. For more information, please visit myupp.ca and follow UPP on LinkedIn.

Media Contact

Kelly Conlon
Managing Director, Strategic Communications and External Relations
[email protected]

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