Healthcare of Ontario Pension Plan
Created in 1960, HOOPP is a multi-employer contributory defined benefit plan for Ontario’s hospital and community-based healthcare sector with over 510 participating employers. HOOPP’s membership includes nurses, medical technicians, food services staff and housekeeping staff, and many other people who work hard to provide valued Ontario healthcare services. In total, HOOPP has more than 321,000 active, deferred, and retired members.
HOOPP is one of Canada’s largest property owners and developers with over $11.5 billion dollars in global real estate assets as of 2016. In total, HOOPP owns more than 42 million square feet of commercial, retail, industrial, and multi-residential buildings. These include assets located in approximately 200 locations throughout Canada, the United States, the United Kingdom and Western Europe.
HOOPP’s strategy is to invest in healthy, efficient and high-performing buildings that deliver a quality product to its tenants as well as investment returns to its plan members. HOOPP applies leading global sustainability practices to protect and enhance the value of its portfolio and reduce the environmental impact of both existing buildings and new developments.