WINNERS, Saks Fifth Avenue OFF 5TH and Old Navy set to open new stores in Montréal
MONTRÉAL, June 5, 2017 /CNW/ - Cadillac Fairview and Ivanhoe Cambridge, co-owners of CF Galeries d'Anjou, are pleased to announce three new retailers will be joining the shopping centre later this year.
"We are excited to introduce three dynamic new retailers to the merchandise mix at CF Galeries d'Anjou," said Brian Salpeter, Senior Vice President, Development, Cadillac Fairview. "At Cadillac Fairview, we are constantly looking at ways to enhance the experience at our retail properties. These new leases demonstrate our ongoing commitment to providing our guests with best-in-class retail offerings, as well as our constant pursuit of remaining market leaders in a competitive industry."
WINNERS and Saks Fifth Avenue OFF 5TH will debut at CF Galeries d'Anjou in August 2017, and Old Navy will open in October 2017 in the space formerly occupied by Target.
Saks Fifth Avenue OFF 5TH is a premium off-price shopping destination offering designer brands at compelling prices, while Old Navy is known for its offering of family fashion essentials.
WINNERS is an off-price retailer that delivers great value on an ever changing selection of brand name and designer fashions, combining fashion, brand, quality and price.
These latest additions to the merchandise mix at the shopping centre build on Cadillac Fairview and Ivanhoe Cambridge's ongoing investment in the centre and Montréal. In 2013, an $86 million expansion and redevelopment project was completed at CF Galeries d'Anjou, which welcomed best-in-class retailers Simons and Sephora and included renovations to the Hudson's Bay store. For more information, visit cfgaleriesdanjou.com.
About Cadillac Fairview
Cadillac Fairview is one of the largest owners, operators and developers of best-in-class office, retail and mixed-use properties in North America. The Cadillac Fairview portfolio is owned by the Ontario Teachers' Pension Plan, a diversified global investor which administers the pensions of more than 300,000 active and retired school teachers. The real estate portfolio also includes investments in retail, mixed-use and industrial real estate in Brazil, Colombia and Mexico.
Valued at more than $28 billion, the Canadian portfolio includes over 38 million square feet of leasable space at 67 properties in Canada, including landmark developments, such as Toronto-Dominion Centre, CF Toronto Eaton Centre, CF Pacific Centre, CF Chinook Centre, Deloitte Tower and CF Carrefour Laval.
About Ivanhoé Cambridge
Ivanhoé Cambridge, a global real estate industry leader, invests in high-quality properties and real estate companies in select cities around the world. It does so prudently, with a long-term view to generate optimal, risk-adjusted returns. Founded in Quebec in 1953, Ivanhoé Cambridge has built a vertically integrated business across Canada. Internationally, the Company invests alongside key partners and major real estate funds that are leaders in their respective markets.
Through subsidiaries and partnerships, Ivanhoé Cambridge holds interests in nearly 800 buildings, primarily in the residential, office, retail and logistics real estate sectors. Ivanhoé Cambridge held approximately C$56 billion in assets as at December 31, 2016. The Company is a real estate subsidiary of the Caisse de dépôt et placement du Québec (cdpq.com), one of Canada's leading institutional fund managers. For more information: ivanhoecambridge.com.
SOURCE Cadillac Fairview Corporation Limited
For further information: Media Contacts: Anna Ng, Cadillac Fairview, 416-598-8246, [email protected]; Marie-Hélène Blouin, North Strategic on behalf of Cadillac Fairview, 514-515-0508, [email protected]