Real Estate Division - About Us
In an era of financial challenges for universities, it is essential to maximize the use of all available resources. The University of Guelph is proactively enhancing its financial stability by complementing support from provincial sources, students, and alumni through strategic initiatives.
To achieve this goal, the University is focused on the thoughtful development of select properties, enhancing the use of its existing assets for the institution’s long-term benefit. All lands will be leased while preserving future options for University ownership.
Established in 1986, the University of Guelph’s Real Estate Division was created to implement and manage a land development program for surplus properties. This division maintains regular reporting to the University’s Board of Trustees and ultimately to the Board of Governors, ensuring transparency and accountability.
The primary objective of the Real Estate Division is to maximize revenue from designated properties to bolster the University’s Heritage Fund endowment. Wherever feasible, the University will retain residual ownership of the lands. This endowment, generated through land development, is designed to be inflation-protected and will support the University’s academic and research goals, ensuring a sustainable future for our institution.
Meet the Team
At the University of Guelph’s Real Estate Division, our dedicated team brings a wealth of experience and expertise to drive our mission forward. With a shared commitment to excellence and innovation, we work collaboratively to maximize our property assets for the benefit of the University community. Together, our team is committed to optimizing resources and advancing the University of Guelph’s mission through strategic real estate initiatives. We look forward to making a lasting difference in our community and beyond.
As the Director of the Real Estate Division, Brandon Raco oversees all strategic initiatives and operations. Brandon is passionate about leveraging the University’s assets to foster growth and sustainability. His visionary leadership and keen understanding of market dynamics enable the division to navigate challenges and seize opportunities effectively.
Kimberley Powell serves as the Property Manager, ensuring the efficient operation and management of our diverse portfolio. With a keen eye for detail and extensive experience in property management, Kimberley is dedicated to maintaining high standards and maximizing the value of our properties. Her proactive approach and commitment to tenant relations contribute to a positive and productive environment.
As a Strategic Partner, Shariza Sweeney is responsible for coordinating special projects that enhance the division’s efforts and support the overall mission of the University of Guelph. Shariza’s passion for innovation and community development drives our efforts to create meaningful partnerships that enhance the University’s impact.