Canderel Management Inc.

Canderel Management Inc.

February 09, 2016 09:00 ET

The KanAm Grund Group and Canderel Announce Vigilant Global as New Tenant at 1360 Rene-Levesque

Montreal IT firm Vigilant Global will expand to new space in summer 2016

MONTREAL, QUEBEC--(Marketwired - Feb. 9, 2016) - The KanAm Grund Group and Canderel today announced that Vigilant Global, an innovative IT firm and a Best Small and Medium Employer in Canada, has entered into a lease agreement to occupy 76,500 square feet of office space at the 1360 René-Lévesque tower. Located in the heart of downtown Montreal's most rapidly growing sector, the Quartier Windsor, the space will serve as the new head office for the company.

"We're very pleased Vigilant Global has selected 1360 René-Lévesque as their new home as the company expands," said Robert Vineberg of Canderel. "This move makes an affirmative statement about the company's commitment to the Montreal community and the ownership is excited to have another world-class tenant at their building."

"As a company with its roots in Montreal, we are looking forward to being part of the continued growth of the downtown," said Arvind Ramanathan, co-founder and managing director of Vigilant Global. "At 1360 Rene Levesque, we'll give our employees a dynamic workspace that's in close proximity to all the city has to offer."

Vigilant Global will partner with the following firms on the new space: P&R Desjardins Construction Inc., Provencher Roy Design Intérieur Inc., BPA, and Applied Electronics Limited.

1350-1360 René-Lévesque West continues to consolidate its position as one of Montreal's premiere head office addresses, and Vigilant Global will join a tenant list that includes CGI, IBM, and Ciment McInnis. 1360 Rene Levesque is located at the intersection of Lucien L'Allier and Rene Levesque West on the southwest corner. The property is served by bus, metro and rail services within approximately 100 meters and is an LEED EB Silver certified office building.

ABOUT THE KANAM GRUND GROUP

Established in October 2000, the KanAm Grund Group has generated a transaction volume of 25 billion USD in real estate since its inception. Staff in Frankfurt am Main and in its international offices in Paris and Atlanta have together gained many years of experience in the field of real estate investments. Over the past 15 years, the investment focus has been on high-quality properties in major international cities such as Paris, London, Washington, D.C. and Toronto. The KanAm Grund Group benefits in this context from its global network spanning strategically important locations. In addition, the independence of the KanAm Grund Group means it enjoys a special position which enables it to pursue an investment strategy in the best interest of investors. International institutional investors also increasingly take advantage of this and engage the assistance of the KanAm Grund Group as a fund, portfolio and asset manager to invest and administer their assets in German, European and American properties.

ABOUT CANDEREL

Now celebrating its 40th year of operations, Canderel is a national real estate development, investment and management company, with landmark projects in Montreal, Toronto, Ottawa, and Vancouver. Canderel is active in Alberta through its affiliate Humford Management (www.canderel.com).

ABOUT VIGILANT GLOBAL

Vigilant Global is a leading Montreal-based IT and research and development firm that designs and implements high-performance systems and innovative software solutions applied to the world of finance. The company fosters active engagement with the community, believing community involvement enriches the experience of working and living in Montreal and offers a collaborative and rewarding work environment. For more information, please visit www.vigilantglobal.com.

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