Cadillac Fairview Corporation
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| Private | |
| Industry | Property management |
| Founded | 1953 |
| Headquarters | Toronto, Ontario, Canada |
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Area served
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Canada, United States, Brazil, China, United Kingdom |
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Key people
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John M. Sullivan, President & Chief Executive Officer |
| Products | commercial real estate properties |
| Parent | Ontario Teachers' Pension Plan |
| Website | www |
Cadillac Fairview Corporation Limited is a Canadian company that invests in, owns, and manages commercial real estate, mainly in Canada and the United States. The name "Cadillac Fairview" came into existence in 1974 as a result of the merger between Cadillac Development Corporation Ltd and Fairview Corporation. Cadillac Development Corporation was founded by partners Ephraim Diamond (d. 2008), Joseph Berman (1922-2003), and Jack Kamin in Toronto in 1953 as a developers of high-rise apartment buildings. Fairview Corporation was established in 1958 as the real estate division of Cemp Investments, the holding company of the Bronfman family. Before merging, Cadillac and Fairview already had strong ties since 1968. Bronfman held Cemp Investments sold Cadillac Fairview in 1986.
Cadillac Fairview owns, develops and manages property, malls and large office and retail spaces across the Western Hemisphere, mostly in North America. Cadillac Fairview has also developed suburban housing, such as the Erin Mills "New Town". The company was purchased by the Ontario Teachers' Pension Plan in March 2000. In 2006 it expanded its operations to Brazil. As of March 2017, the company states that its portfolio of 73 properties, encompassing 38 million square feet, is worth over $29 billion.
On September 21, 2015, Cadillac Fairview rebranded its shopping centre properties, adding the prefix “CF" in front of each shopping centre name and phasing out individual mall logos in favour of a standardized logo format and image campaign. According to Cadillac Fairview, this change was intended to "link the Corporation with a premium shopping experience in the minds of Canadian consumers".
Among its Canadian assets are one New Brunswick property, six Quebec properties, twenty-five Ontario properties, two Manitoba properties, eight Alberta properties, and fourteen British Columbia properties.
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Wikipedia