The Cadillac Fairview Corporation Limited

The Cadillac Fairview Corporation Limited

December 12, 2011 05:00 ET

Cadillac Fairview Earns Race to Reduce Awards for Leadership in Reducing Environmental Impact

TORONTO, ONTARIO--(Marketwire - Dec. 12, 2011) -

Editors Note: There is a photo associated with this press release.

Cadillac Fairview's Toronto Portfolio has played a key role in developing and participating in Race to Reduce, an industry wide competition encouraging office building owners to partner with their tenants to reduce energy use by 10% over a four-year period.

On November 30, 2011 CivicAction's Greening Greater Toronto recognized Cadillac Fairview's leadership in energy reduction with awards in Action and Innovation and Building Participation.

The Action and Innovation Award recognizes participants who demonstrated leadership and superior commitment to energy reduction or efficiency through their actions and/or innovative excellence. Toronto-Dominion Centre was recognized with this award in the Building Team category for their Occupant Engagement Program™. According to the judges, "The program demonstrates a strategic approach to occupant engagement that focuses on driving a cultural change within the building community that will have a long term, continued impact. In tackling human behavior - one of the biggest barriers to energy reduction - the TD Centre management team and their tenants realized energy savings of 2.4 million kilowatt hours during its 2011 Energy Campaign".

The Action and Innovation awards were one of three award categories recognized at the inaugural Race to Reduce Awards ceremony which celebrates the results of unprecedented collaborations between landlords and tenants aimed at reducing total energy use.

Cadillac Fairview's following properties were also recognized in the Building Participation categories for landlords and tenants publicly committing to working together to reduce energy use in their buildings by at least 10 per cent over four years:

Gold (75 per cent of tenant space signed up)
Ernst & Young Tower
Simcoe Place
Toronto-Dominion Bank Tower
Silver (50-74 per cent of tenant space signed up)
TD Waterhouse Tower
Yonge Corporate Centre (4100)
Yonge Corporate Centre (4110)
Yonge Corporate Centre (4120)
Bronze (20-49 per cent of tenant space signed up)
77 King Street West
100 Wellington Street West
95 Wellington Street West

The Action & Innovation Award winners were selected by a panel of judges drawn from the commercial real estate and environmental sectors: Michael Brooks from the Real Property Association of Canada; Monica Da Ponte from WWF-Canada; Sean Foley from Canadian Property Management Magazine; Andrew Mandyam from Enbridge Gas Distribution and Chris Tyrrell from Toronto Hydro Energy Services.

Launched in May 2011, the Race to Reduce challenges Toronto region landlords and tenants from office buildings to publicly commit to working together to reduce energy use in their buildings with the aim to improve air quality in the Toronto region and achieve sustained carbon emission reductions in the office building sector, which now contributes to 20% of the region's carbon emissions.

About Toronto-Dominion Centre

The 4 million sq. ft. Toronto-Dominion Centre is one of North America's largest business communities and home to 21,000 office employees. Due to its visionary design, unequalled size and central location, this international landmark has played a significant role in the success of a generation of Canada's most innovative and extraordinary business leaders. The Toronto-Dominion Centre consists of six buildings: Toronto Dominion Bank Tower (and the TD Bank Pavilion), 77 King Street West, 100 Wellington Street West, TD Waterhouse Tower, Ernst & Young Tower and 95 Wellington Street West. For more information, please visit us on-line: www.tdcentre.com.

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 a leader in commercial real estate thank to its innovative designs, development and management. Cadillac Fairview focuses on developing and managing high quality office properties and regional shopping centres across North America as well as international investments in real estate companies and investment funds. With a portfolio valued at more than $19-billion and close to 49-million square feet of leasable space, Cadillac Fairview and its affiliates own and manage 87 properties across the continent, including some of Canada's landmark developments, including the Toronto- Dominion Centre, Toronto Eaton Centre, Pacific Centre and Chinook Centre.

Cadillac Fairview is wholly owned by the Ontario Teacher's Pension Plan, which invests to secure the retirement income of 295,000 active and retired teachers in Ontario. For more information, please visit us online: www.cadillacfairview.com.

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