Jean Laramée, Senior Vice President, Eastern Region, Ivanhoe Cambridge, is proud to announce that 11 of the Company’s shopping centres and one office building have been awarded BESt certification by BOMA (Building Owners and Managers Association) Canada. The properties are all located in Quebec and are owned, co-owned and managed by Ivanhoe Cambridge.
“Ivanhoe Cambridge’s Environmental Management Program is proof that sustainability is a key priority for us, that we are committed to reducing our ecological footprint and doing our part to protect the environment. As recognized leaders in the Canadian shopping centre industry, we believe that this certification represents a significant competitive advantage when it comes to attracting new tenants to our shopping centres and office buildings,” Mr. Laramée said. “Our congratulations and thanks to the teams that manage these properties, as well as to the tenants and suppliers who support them.”
The properties that have recently received BOMA BESt certification are Carrefour St-Georges (Saint-Georges-de-Beauce), Carrefour Frontenac (Thetford Mines), Centre commercial Rivière-du-Loup (Rivière-du-Loup), Centropolis (Laval), Galeries de Hull (Gatineau), Galeries Rive Nord (Repentigny), Mail Champlain (Brossard), Place Montréal Trust (Montreal), Place Ste-Foy (Quebec City), Place Vertu (Montreal), Rockland (Town of Mount Royal) and the office building at 3333 Côte-Vertu (Montreal).
“Sustainable development is increasingly important for Ivanhoe Cambridge. That is why we are putting in place the required resources and business processes to manage our properties and develop our new projects with a green mindset. We are also working to raise awareness of these issues among employees, suppliers, clients and partners,” said Doug Harman, Vice President, Property Services, at Ivanhoe Cambridge.
Ivanhoe Cambridge is one of the North American shopping centre industry’s biggest purchasers of green power. Since the early 2000s, several of its centres in Alberta and Ontario have adopted green energy solutions. In fact, the Company’s Toronto corporate office at 95 Wellington has all of its energy needs supplied by eco-friendly sources. And in 2007 a deal was signed to operate St. Enoch Centre in Scotland (U.K.) solely on green power.
BOMA BESt (Building Environmental Standards) is a voluntary Canadian environmental certification program recognizing buildings that embrace environmental performance best practices. It is the next generation of BOMA Canada’s Go Green and Go Green Plus programs. BOMA BESt certification guarantees that buildings are managed in an eco-friendly manner in terms of energy use, water use, heating and recycling and that they have implemented a preventive maintenance programs.
Numerous other Ivanhoe Cambridge properties have already received environmental certification. They are as follows:
- Bayshore Shopping Centre, Ottawa, Ontario (RCO1 – Bronze Waste Minimization Award)
- Carrefour Rimouski, Rimouski, Quebec (RECYC-QUÉBEC, Ici on recycle !)
- Complexe Les Ailes, Montreal, Quebec (BOMA BESt)
- Devonshire Mall, Windsor, Ontario (RCO1 – Bronze Waste Minimization Award)
- Laurier Québec, Quebec City, Quebec (BOMA BESt; RECYC-QUÉBEC, Ici on recycle !)
- Les Rivières, Trois-Rivières, Quebec (BOMA BESt)
- Lynden Park Mall, Brantford, Ontario RCO1 – Bronze Waste Minimization Award
- Montreal Eaton Centre, Montreal, Quebec (BOMA BESt)
- Oakville Place, Oakville, Ontario (RCO1 – Bronze Waste Minimization Award)
- Oshawa Centre, Oshawa, Ontario (RCO1 – Silver Waste Minimization Award)
- Southgate Centre, Edmonton, Alberta BOMA BESt
- Simpson Tower, Toronto, Ontario (BOMA BESt; RCO1 – Platinum Waste Minimization Award)
- St. Albert Centre, St. Albert, Alberta (BOMA BESt)
- Upper Canada Mall, Newmarket, Ontario (RCO1 – Silver Waste Minimization Award)
1 Recycling Council of Ontario
About Ivanhoe Cambridge
Ivanhoe Cambridge is a pre-eminent Canadian-based global property owner, manager, developer and investor, focusing on high-quality shopping centres located in urban areas. Beyond its strong Canada-wide presence, the Company is also active in the United States, Brazil, Mexico and Europe, where it owns a number of properties either by itself or through joint ventures with prominent real estate partners. Abroad, Ivanhoe Cambridge also holds interests in several shopping centre development and management companies and maintains offices in Europe and Asia.
Its real estate portfolio consists of more than 44 million square feet (4 million square metres) of retail space and includes some 70 regional and super-regional shopping centres. As at December 31, 2007, the market value of Ivanhoe Cambridge’s assets reached CAD $13.4 billion.
Headquartered in Montreal, Quebec, Canada, Ivanhoe Cambridge is a principal real estate subsidiary of the Caisse de dépôt et placement du Québec, one of the largest institutional fund managers in Canada. Amongst its shareholders, the Company also counts four prominent Canadian pension funds.