Export Development Canada Headquarters Granted LEED(R) for Core and Shell Gold Certification

MONTREAL, QUEBEC--(Marketwire - Feb. 28, 2013) - In January of this year, the head office for Export Development Canada (EDC), located at 150 Slater Street in downtown Ottawa, was granted LEED for Core and Shell (CS) Gold certification by the Canadian Green Building Council. Developed in partnership between Canderel and Broccolini Construction Inc., the project was designed by architects Béïque, Legault, Thuot in coordination with mechanical and electrical engineers Pageau Morel and LEED consultants Stantec. The 18-storey, 520,000 square foot building, which houses approximately 1,400 EDC employees, opened its doors in the fall of 2011. The project which is the largest new office construction project in downtown Ottawa in the past 25 years, demonstrates an adherence to green building design and construction practices.

A host of measures were undertaken during the design and construction phases to ensure the efficiency of the building's envelope and mechanical systems, the use of sustainable materials and the maximal diversion of waste from landfill. Through the use of high-efficiency mechanical systems and lighting, the building was able to achieve 56% reduction against the Model National Energy Code for Buildings. Both local and recycled construction materials were used and measures were taken so that 75% of construction waste was diverted away from landfill. Indoor environmental quality was assured through the widespread use of low-VOC paints, coatings, carpets and other materials as well as through the installation of a high-performance ventilation system. In addition, the EDC headquarters encourages tenants to commute using alternative forms of transportation by offering secure storage space for 160 bikes, as well as showers and change rooms. The parking garage also includes 6 charging stations for plug-in hybrid electric vehicles.

"The success of this project would not have been possible without the vision provided by Export Development Canada," said Anthony Broccolini, Managing Director of Broccolini Construction. "They raised the bar and enabled Broccolini, our development partners Canderel, and an excellent team of professionals to deliver both a stunning and sustainable building." Jonathan Wener, Chairman and CEO of the Canderel Group of Companies echoed Mr. Broccolini's pronouncements. "The EDC headquarters provides the corporation's employees with a healthy workplace and the City of Ottawa with a new green landmark in its core. This building will act as a benchmark by which future commercial projects in Ottawa will be measured."

ABOUT CANDEREL

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, and property and asset management. The group's principal development activities are in the office, commercial, industrial and residential markets of Montreal, Ottawa, Toronto 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.

ABOUT BROCCOLINI

Established more than 60 years ago, Broccolini is a leader in the construction and development of real estate services. The company serves the residential, commercial and industrial markets in Quebec and Ontario. Broccolini has built its reputation in establishing solid and long-lasting relationships with its clients. The company commits to each project with great pride, passion and staff who continually strive for excellence.