Type | Private |
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Industry | Property management |
Founded | 1953 |
Headquarters | Cadillac Fairview Tower - Toronto Eaton Centre, Toronto, Ontario, Canada |
Area served | Canada, Brazil, China, United Kingdom, USA |
Key people | John M. Sullivan, President & Chief Executive Officer |
Products | commercial real estate properties |
Parent | Ontario Teachers' Pension Plan |
Website | www.cadillacfairview.com |
Cadillac Fairview Corporation Limited is a North American investor, owner, and manager of commercial real estate.
The name "Cadillac Fairview" came into existence in 1974 as a result of the merger between Cadillac Development Corporation Ltd and Fairview Corporation. Cadillac Development Corporation was founded by partners (Eph Diamond, Joseph Berman and Jack Kamin) in Toronto in 1953 as a developer of high-rise apartment buildings. Fairview Corporation was established in 1958 as the real estate division of CEMP Investments, the holding company of the Bronfman family. Before merging, Cadillac and Fairview already had strong ties since 1968.
Cadillac Fairview owns, develops and manages property, malls and large office and retail spaces, mostly in Canada and the United States. Cadillac Fairview has also developed suburban housing, such as the Erin Mills "New Town". The company was purchased by the Ontario Teachers' Pension Plan in March 2000. In 2006 it expanded its operations to Brazil[1]. The company states that its portfolio is worth over $16 billion.[1]
Among its assets are: 3 New Brunswick properties, 4 Quebec properties, 25 Ontario properties, 2 Manitoba properties, 8 Alberta properties, and 8 British Columbia properties.
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