TORONTO, May 26, 2026 – Virtus Diversified REIT (VREIT), a leading private real estate investment trust, has announced a landmark partnership with Institutional Capital Network, Inc. (iCapital), a global financial technology company. The collaboration, effective May 5, 2026, aims to significantly enhance and streamline access to VREIT’s non-listed real estate portfolio for the Canadian wealth management community.
Strategic Partnership Overview
This forward-looking alliance is driven by the mutual goal of meeting the rising demand among financial advisors and their clients for institutional-grade private real estate exposure through a highly efficient investment channel. VREIT is proud to partner with iCapital, a globally recognized leader in alternative investment technology and fund administration.
Streamlining Access to Private Markets
For wealth management advisors, this partnership delivers a direct, institutional-grade on-ramp. iCapital Network Canada Ltd. (“iCapital Canada”) will serve as the Investment Fund Manager for a new Canadian Access Fund called the iCapital Virtus Diversified Real Estate Investment Trust. This Access Fund will invest substantially all of its assets in Virtus Diversified Real Estate Investment Trust (the “Underlying Fund”). This structure creates a simplified and seamless conduit for investment advisors and their clients to integrate VREIT into their portfolios.
“This partnership with iCapital is a transformative moment for VREIT and a testament to our commitment to innovation in the Canadian wealth channel,” said Josh Will, President of Virtus. “We are moving beyond traditional access models to offer a best-in-class, operationally efficient solution. This new Canadian Access fund is now the absolute main focus of our advisor distribution strategy, ensuring greater transparency and ease of use for wealth managers looking to secure stable, value-driven private real estate for their clients.”
Clarity on Fund Structure
The Canadian Access Fund, managed by iCapital Canada, will dramatically reduce the administrative and operational friction typically associated with investing in private, non-listed REITs. Alexander Steele, Managing Director of Virtus, added, “By leveraging iCapital Canada’s expertise in alternative fund administration and their digital platform, along with their brand and reputation, we are delivering a potentially superior experience for advisors. This new structure is fundamentally about providing a more efficient path to investment.”
For more information about Virtus Diversified REIT and its investment opportunities, please visit www.vreit.ca.
About Virtus Diversified REIT
Virtus Diversified REIT is focused on acquiring quality properties in strong markets across Canada and the United States. The company’s goal is to build a strong and stable commercial, industrial, retail, and multi-unit residential portfolio, enhancing overall portfolio incomes by diversifying the tenant base and geographic diversity. The long-term goal is to maximize unit value with ongoing management through future acquisitions, repositioning, and competitive financing.
