Trinity Announces Formation of Trinity Real Estate Asset Management Inc., Positioning Business for Next Phase of Growth

New firm builds on more than three decades of expertise

TORONTO, Nov. 10, 2026 /CNW/ -- Trinity today announced the formation of Trinity Real Estate Asset Management Inc., a new management-owned company that has acquired Trinity Group's asset and property management business. The announcement marks a significant milestone in Trinity's nearly 35-year history, providing long-term stability, enhanced access to capital to support current operations and future growth, and a clear path for leadership succession.

The establishment of the new company follows three years of significant capital raising and investment activity. This momentum has expanded Trinity's national profile, strengthened its investment platform, and created opportunities for continued growth.

"Over the past three years, we have raised $180 million within our funds, secured significant joint-venture capital, and managed alongside best-in class institutional partners, establishing a strong foundation for the future," said Fred Waks, Partner, President and CEO. "The creation of Trinity Real Estate Asset Management is a natural evolution of that success. It gives us the resources to capitalize on new opportunities while continuing to deliver for our investors."

As part of the new ownership structure, Trinity welcomes Allan Silber as Partner and Executive Chairman. Silber is an accomplished global business leader with extensive experience building and financing businesses, and a strong history of growing real estate platforms.

"Being an investor in Trinity's funds, I have seen firsthand the strength of this team," said Silber. "I am excited to help build on that foundation, support the company's growth ambitions and contribute to its long-term success."

The new partnership also includes senior leadership team members: Adam Cohen, Partner & Chief Financial Officer, David Scorniaenchi, Partner & Senior Vice President of Leasing, and Rossi Sas, Partner & Senior Vice President of Investments.

Founded in 1992 by John Ruddy, Trinity has established a lasting legacy in Canadian real estate, having developed more than 32 million square feet of retail, commercial and residential space. Today, its asset and property management portfolio includes 23 shopping centres representing approximately 2.5 million square feet across Ontario, Alberta and Quebec.

By bringing together the experience of Trinity's established leadership with a new generation of ownership, the transition positions the business for continued success, innovation and growth for years to come.

"Trinity was founded on a commitment to creating lasting value through great people, strong partnerships and a long-term vision," said Ruddy. "Seeing the leadership team take this next step is a proud moment. It preserves the values and relationships that have defined Trinity while creating an exciting opportunity to move the business forward."

Ruddy will continue as Founder and Partner and remain on Trinity's Board of Directors.

About Trinity Real Estate Asset Management Inc.

Trinity was founded in 1992 by John Ruddy to focus on large-format retail centres, which were then an emerging category for retail real estate. Since then, Trinity has built more than 32 million square feet of retail, commercial and residential space. Today, Trinity owns, leases and manages retail shopping centres across Canada. For more information, visit www.trinity-group.com. 

SOURCE Trinity Real Estate Asset Management Inc.

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