QUEBEC CITY, Dec. 13, 2012 /CNW Telbec/ - SSQ, Life Insurance Company
Inc. has made an offer to purchase a 4,000 m2 property at Place Charles-LeMoyne in Longueuil in order to build Tour
SSQ, a real estate project worth over $55 million. SSQ Financial Group
has until March 2013 to carry out the various analyses and studies
needed to confirm its offer.
The construction of this 12- to 14-story tower, totalling 240,000 sq.
ft., is in keeping with the City of Longueuil's revitalization effort
in this high-potential sector as well as the sustainable development
vision it wishes to implement. Extremely mindful of the environmental
impacts of its real estate projects, SSQ stands out in the green
building sector and is aiming to obtain a Gold LEED Certification for
With this new project, SSQ intends to promote synergies and maximize
efficiency by bringing together all its employees currently located in
the Greater Montreal area. The new building will also provide
commercial space on the ground floor as well as office space above.
"This new real estate project is part of the planning of our spaces and
aims to support the company's growth. Place Charles-LeMoyne is a
strategic location for SSQ. A metro station, intermodal commuter rail
terminal and significant regional road network located at the gateway
to the Island of Montreal together with the City of Longueuil's vision
of making this sector a lively, multi-purpose downtown area all combine
to provide a strategic advantage," said René Hamel, Chief Executive
Officer of SSQ Financial Group.
About SSQ Financial Group
With nearly $3 billion in annual revenue and over $10 billion in assets under management, SSQ Financial Group is a leading
mutual diversified financial institution in Canada.
The Group serves over one million clients and provides jobs to over
1,900 employees. SSQ, Life Insurance Company Inc., the Group's
principal company, is recognized as a leader in the group insurance
industry and as an expert in the investment retirement sector. SSQ
Financial Group is also a rising star in home and auto insurance (SSQ
General Insurance Company Inc.) and individual insurance with its new
subsidiary, SSQ Insurance Company Inc.
For more information, please visit ssq.ca.
SOURCE: SSQ FINANCIAL GROUP
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