Rio Tinto to relocate its Rio Tinto Alcan global headquarters to Deloitte
Tower in Montreal
Cadillac Fairview's Deloitte Tower 70% leased two years prior to delivery
Fact sheet available here
Photos available upon request
MONTREAL, July 11, 2013 /CNW Telbec/ - The Cadillac Fairview Corporation
Limited is proud to announce a long-term lease agreement with Rio Tinto, who
will relocate its 800-employee Montreal office, including the global
headquarters of Rio Tinto Alcan, to the Deloitte Tower in fall 2015. The
company will occupy 190,000 square feet on the top eight floors of the
26-storey office development, and become the Deloitte Tower's largest tenant
in terms of square footage.
Rio Tinto Alcan, which established its head office in downtown Montreal more
than 80 years ago, will occupy an additional 10,000 square feet for auxiliary
services at the adjacent heritage-designated Windsor Station.
"Cadillac Fairview is proud to partner with Rio Tinto, and the decision to
choose Deloitte Tower as their new home in Montreal speaks to the quality of
our project," said John Sullivan, president and chief executive officer, The
Cadillac Fairview Corporation Limited. "Rio Tinto stands for sustainable
development and innovation, and Cadillac Fairview is confident that Deloitte
Tower reflects these core values."
"As a long-time member of the Montreal community Rio Tinto Alcan has an
important place in this city's history, but today we are looking to the
exciting future for our company in this city and our new home. Rio Tinto is
very proud to be a part of this ambitious project and we look forward to
moving to the city's most modern, environmentally-friendly office building,"
said Jacynthe Côté, chief executive of Rio Tinto Alcan.
Salvatore Iacono, Cadillac Fairview's senior vice-president, development and
portfolio management, Eastern Canada, is pleased with Deloitte Tower's leasing
momentum. "Deloitte Tower is now 70% leased only one year after the project
and Deloitte's role as anchor tenant were announced, and two years prior to
the project's completion."
Deloitte Tower will be a state-of-the-art, green, contemporary, collaborative
workplace and serves as a flagship to Cadillac Fairview's commitment to
Montreal. Over the next 15 years, the company plans to invest up to $2 billion
to transform the area surrounding the Bell Centre, including $200 million to
build Deloitte Tower.
About Deloitte Tower
Deloitte Tower is the city's first new privately owned and financed commercial
office tower to be built in more than 20 years and Montreal's first LEED®
Platinum (CS) office development.
Located on Avenue des Canadiens-de-Montréal, the 26-storey Deloitte Tower is
situated between two Montreal landmarks, the Bell Centre and the
heritage-designated Windsor Station. For more information, please visit
About Cadillac Fairview
The Cadillac Fairview Corporation Limited is one of North America's largest
investors, owners and managers of commercial real estate. For more than 50
years, Cadillac Fairview has been leading the way in commercial real estate
with innovative design, development and management. For more information,
please visit cadillacfairview.com.
About Rio Tinto
Rio Tinto is a leading international mining group headquartered in the UK,
combining Rio Tinto plc, a London and New York Stock Exchange listed company,
and Rio Tinto Limited, which is listed on the Australian Securities Exchange.
Rio Tinto's business is finding, mining, and processing mineral resources.
Major products are aluminium, copper, diamonds, thermal and metallurgical
coal, uranium, gold, industrial minerals (borax, titanium dioxide and salt)
and iron ore. Activities span the world and are strongly represented in
Australia and North America with significant businesses in Asia, Europe,
Africa and South America.
Geneviève Hinse T 514-894-4166 email@example.com
Marc Poisson T 514-616-7691 firstname.lastname@example.org
SOURCE: CADILLAC FAIRVIEW
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CO: Rio Tinto Group
NI: ENV MNG REL ORDER
-0- Jul/11/2013 16:41 GMT
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