Aura Shops & Dining Granted BOMA BESt Level 2 Certification

TORONTO, ONTARIO--(Marketwired - June 29, 2015) - Canderel is proud to announce that Aura Shops & Dining, located at the corner of Yonge and Gerrard in downtown Toronto has been granted BOMA BESt for Enclosed Shopping Centre, Level 2 certification. The property is located in the podium of the 80-storey Aura at College Park condominium project.

A number of measures have been implemented at Aura Shops & Dining to reduce the property's environmental footprint. These include a recent LED lighting retrofit in the building's common areas, the installation of tenant energy submetering systems, and the presence of high-efficiency HVAC equipment. In addition to our standard recycling program, Canderel also collects electronic waste, batteries, fluorescent lamps, as well as organic waste generated by our restaurant tenants.

"The BOMA BESt certification process at Aura Shops & Dining provided Canderel with the opportunity to involve both our tenants and staff on these most important sustainability matters," said Canderel's Sustainability Officer, Patrick Culhane.

ABOUT CANDEREL

Celebrating its 40^th anniversary, the Canderel Group of Companies is comprised of several fully integrated, commercial real estate companies with its headquarters in Montreal. Since 1975, Canderel has grown to become one of the most successful real estate development and management organizations in eastern Canada. Founded by Jonathan Wener, Canderel has established an enviable reputation for its integrity as a major real estate development company and for its sound judgment and knowledge of the commercial, multi-residential and industrial real estate business.

Over the years, Canderel has been intimately involved in all aspects of commercial property development, including land assembly, acquisition and disposal, planning, design, construction, project management, leasing, finance, property management and asset management. The group's principal development activities are in the office, commercial, industrial and residential markets of Montreal, Ottawa, Toronto, Edmonton and Vancouver, in Canada. Canderel's success to date is largely a reflection of its unique ability to direct all facets of real estate projects, either on its own behalf, for its clients, or in joint venture with partners.