Something new for five retailers of Les Promenades Gatineau shopping centre

GATINEAU, QC, Feb. 25, 2014 /CNW Telbec/ - The modernization of Les Promenades Gatineau shopping centre is underway. This $110 million project will make it the favourite fashion destination for the residents of the region.

As part of this redesign, Terra Nostra joined the parade and now benefits from completely renovated premises. For their part, San Francisco, Émotions and Claire-France stores are relocated. Marie Claire is temporarily relocated during the completion of some of the renovations.

''We are very happy that Oxford has invested this much and this fast in order to renew the look of the shopping centre,'' said Patrick Assalian, Vice-President of Operations, Boutique Marie-Claire inc. ''We were among the first to follow the lead and renovate our stores beginning in the Fall of 2013. Gatineau has always been an important centre to me. As a Quebec business, it gives us great pleasure to be able to keep all our stores at Les Promenades Gatineau shopping centre, while working closely with Oxford management.''

''We have realized that there was a strong demand for a renewed and urban shopping centre in Gatineau, and Oxford appears to voluntarily meet the population's needs. Marie Claire group is excited to work in partnership with Oxford,'' added Mr. Assalian.

The relocation and remodeling of these five retailers are among the several improvements to Les Promenades Gatineau shopping centre that will take place in the next months. With the arrival of new stores such as Simons, H&M and Forever 21, Les Promenades Gatineau will remain the top choice of a more and more demanding clientele.

''Our customers wished for a renewed fashion experience,'' declared Serge Rossignol, General Manager, Les Promenades Gatineau. This $110 million investment in modernizing Les Promenades Gatineau will meet the demand and, at the same time, contribute to the growth of the region.''

About Les Promenades Gatineau

With close to 150 stores, including The Bay, Costco, Urban Planet, Sports Experts, and Archambault, Les Promenades Gatineau is the biggest shopping centre in the Outaouais region and is proudly managed by OPGI. Les Promenades Gatineau is located at 1100 Maloney Blvd. West in Gatineau. For more information, visit: www.lespromeandes.com

About Oxford Properties Group Inc.

Oxford Properties Group Inc. is a global platform for real estate investment, development and management, with over 1,700 employees and over $25 billion in assets under management. Established in 1960, Oxford has offices in Toronto, London and New York. Its portfolio includes approximately 50 million square feet of office, retail and industrial spaces, as well multi-residential and hotel assets. Oxford is the real-estate management arm of the OMERS Worldwide. For more information, visit: www.oxfordproperties.com.

SOURCE Marie-Claire

For further information:

Serge Rossignol, General Manager  
Les Promenades Gatineau
1100 Maloney Blvd. West
Gatineau , Qc J8T 6G3
srossignol@oxfordproperties.com

Lucie Filiatrault, Marketing
Les Promenades Gatineau
1100 Maloney Blvd. West
Gatineau , Qc J8T 6G3
lfiliatrault@oxfordproperties.com