Photo/Video Op - Upper Canada Mall Breaks The Ice on a Retail Revolution

    Gala Event Unveils 148,000 sq. ft. of New Retail Space

    NEWMARKET, ON, Nov. 7 /CNW/ - Upper Canada Mall, one of Ontario's premier
shopping destinations is about to get better. The centre is set to reveal a
multi-million dollar redevelopment masterpiece that adds over 148,000 square
feet of top tier retailers and food court restaurants. The new stores and
taste destinations are complemented by the creation of over 800 new parking
spaces, revitalized mall entrances and the exceptional customer services that
define Upper Canada Mall. The expert-designed space increases the footprint of
the centre by a total of 30 per cent, making way for exciting new retailers
including Babies "R" Us and an expansion of Toys "R" Us creating their largest
store in Canada and Forever XXI, a newcomer to the Canadian market.
    "We wanted to give our customers more of what they had asked for - more
fashion retailers, more food options and more parking space," said Lucia
Connor, Marketing Director of Upper Canada Mall. "Every aspect of the
expansion was carefully planned for aesthetics and accessibility, from the
softer lighting and curvier lines to the increased seating in the food court,
we are excited to reveal to our customers the new Upper Canada Mall."
    Some of the stores that will be celebrating new openings at the centre
are: H&M, Mexx/Mexx Kids, Forever XXI, Opus, Sport Chek, Aerie, Stance, Costa
Blanca, Buffalo Store by David Bitton, Tristan & America, Your Good Health,
and Lush.

    WHAT:     Grand Opening of the Upper Canada Mall Phase I Expansion

    WHO:      Mayor Tony Van Bynen
              Kim McInnes, Executive Vice President and Chief Operating
              Officer Ivanhoe Cambridge
              John Morrison, Senior Vice President Oxford Properties
              Upper Canada Mall Senior Management
              Over 1000 invited guests

    WHERE:    Upper Canada Mall, North Entrance. Located at the intersection
              of Yonge St. (Hwy 11) and Davis Drive (Hwy 9) in Newmarket

    WHEN:     November 7, 2007
              6:00 p.m - 9:00 p.m.

    PHOTO OP: Stunning visual of the breaking of the ice ribbon to officially
              open the expansion as over 1,000 guests enjoy fashion,
              entertainment and exclusive shopping.

    About Upper Canada Mall
    Upper Canada Mall is a community shopping centre with over 200 stores and
services. Located at the corner of Yonge Street and Davis Drive, Upper Canada
Mall is highly involved in the community and has developed a variety of
partnership programs. Upper Canada Mall is owned and managed by Ivanhoe
Cambridge. Ivanhoe Cambridge is a recognized leader in the Canadian real
estate industry. It is one of Canada's pre-eminent property owners, managers,
developers and investors. Headquartered in Montreal, Quebec, the company
focuses on high-quality shopping centres located in urban areas. Its real
estate portfolio consists of more than 39 million square feet of retail space
and includes 50 regional and super-regional shopping centres. For more
information, please visit or

    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 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 interest in several
shopping centre development and management companies and maintains offices in
Europe and Asia.
    Its real estate portfolio consists of almost 46 million square feet of
retail space and includes some 70 regional and super-regional shopping
centres. As at December 31, 2006, the market value of Ivanhoe Cambridge's
assets reached CAD $12.2 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.
The Company's Internet address is

For further information:

For further information: Your Media Contact: Nicolee Tattersall, The
Idea Workshop Limited, (416) 504-3977 x26, cell: (416) 732-0991,

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