Drew Coles

Founder and Chief Executive Officer


Drew is the founder and Chief Executive Officer of FullG Capital Ltd. With nearly 28 years of real estate experience, he has been directly involved in over $4 billion in commercial real estate acquisitions, asset management, franchise management, construction/development and financing. Drew is considered one of the foremost hotel investment leaders in North America.

He was formerly the President and Chief Executive Officer of InnVest REIT, a publicly listed REIT on Toronto ExchangeUnder Mr. Coles leadership, InnVest grew from approximately $1.3 billion enterprise value to a privatization transaction worth $2.1 billion. He oversaw a 100+ unit hotel portfolio company totalling over 14,500 rooms and over 4,000 employeeswith a wide variety of assets and brands such as Fairmont, Marriott, Hyatt, Hilton, Sheraton, Comfort, Holiday Inn, and Quality. He also served as Chairman of Choice Hotels Canada.

Prior to InnVest, Drew also led the hotel investments of Oxford Properties. Oxford’s 3,500 room hotel portfolio value was estimated to be worth over $1.6 billionOxford Properties is wholly owned by OMERS pension fund, and has over $50 billion of real estate assets under management.

Drew served on the board of TIAC (Tourism Industry Association of Canada) and has been an industry investment advisor to the CEO Council of the Destinations Canada (formerly Canadian Tourism Commission).  He was a Senior Advisor to McKinsey & Company and its clients. He also served as Founding Chair of ASH (Alignvest Student Housing) private REIT, which has over $400M of student housing assets in Canada.

Education/Industry Affiliations

Drew holds a BA Economics from Acadia University and an Honors MBA from Webster University in St. Louis, MO. In addition, he has completed a number of executive education programs from Western University, University of Alabama, and is currently completing a certificate in Managerial Finance from London School of Economics (expected completion in May 2021).

Drew is actively involved in charitable work: Tour de Bleu, Michael Garron Hospital, World Cycling Relief, Ride to Conquer Cancer, Young People’s Theatre (previous board position), independent family meal delivery at the outset of covid, Pathways to Education and more. In 2019, he qualified to compete for Team Canada in the 2020 Triathlon World Championships Grand Finale, Edmonton Alberta.

Notable Transactions

  • Acquisition of Trump Hotel Toronto and repositioning to St. Regis
  • Acquisitions of Park Hyatt Toronto
  • Acquisitions of Toronto Metro Convention Centre and Fairmont Vancouver Airport
  • Asset management of  Fairmont Banff Springs Hotel, Hyatt Regency Vancouver, and Fairmont Royal York