investment summary - ivanhoe cambridge canadian retail portfolio

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LANDMARK RETAIL INVESTMENT OPPORTUNITY CANADIAN REGIONAL & COMMUNITY MALL PORTFOLIO

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Page 1: Investment Summary - Ivanhoe Cambridge Canadian Retail Portfolio

LANDMARK RETAIL INVESTMENT OPPORTUNITY

CANADIAN REGIONAL & COMMUNITY MALL PORTFOLIO

Page 2: Investment Summary - Ivanhoe Cambridge Canadian Retail Portfolio

Page

2CANADIAN REGIONAL & COMMUNITY MALL PORTFOLIO

INVESTMENT OPPORTUNITY

RBC Capital Markets Realty Inc., RBC Capital Markets Real Estate Group Inc., and CB Richard Ellis Limited (collectively the “Advisor”) have been retained on an exclusive basis by Ivanhoe Cambridge Inc. (“Ivanhoe Cambridge”) to arrange the sale of six regional and community shopping centres across Canada (collectively the “Portfolio” or the “Properties”) which are summarized below. The Portfolio is owned and managed by Ivanhoe Cambridge, Canada’s premier shopping centre developer.

The six institutional grade Properties total over 3.2 million square feet which are well merchandised and positioned to serve the shopping needs of their respective trade areas in Ontario, Quebec and Alberta. In addition, Target Corporation has given initial indication that four Zellers stores in the Portfolio may be converted to Target stores(1), providing an investor with an enhanced high-draw anchor tenancy.

A Portfolio of this size, quality, and geographic diversification represents a unique investment opportunity in the Canadian marketplace.

The Advisor is acting solely as agent for Ivanhoe Cambridge and not as agent for the purchaser. The Advisor will provide interested parties with a Confidential Information Memorandum and additional information in the near term. Should you have any questions please feel free to contact the undersigned.

Dan GiaquintoManaging Director(416) 842-8920 [email protected]

RBC Capital Markets Real Estate Group Inc. CB Richard Ellis

Armand Des RosiersManaging Director(514) [email protected]

Peter D. SenstExecutive Vice President(416) [email protected]

Hillel AbergelVice President(416) [email protected]

(1) Target expects to open 100-150 stores throughout Canada in 2013 and 2014.

(2) GLA includes 144,953 sf Bay which is non-owned.

(3) Lynden Park Mall is 50% co-owned by Omers Realty Corporation, however, a 100% interest in the property is being offered.

(4) GLA includes 102,673 sf of office area at 3333 Boulevard Côte-Vertu and 196,448 sf Sears which is non-owned.

Property City, Province GLA (sf) Anchor/Major Tenants

Oakville, ON 454,838

Burlington, ON 783,739(2)

Brantford, ON 374,802

Windsor, ON 371,055

Montreal, QC 933,881(4)

St. Albert, AB 312,183

3,230,498

(3)

PANTONE 476 PC

C: 57 M:80 Y:100 K:45

St. Albert Vector Wordmark And Colors

PANTONE 7545 PC

C: 57 M:80 Y:100 K:45

PANTONE 549 PC

C: 57 M:80 Y:100 K:45

PANTONE 382 PC

C: 57 M:80 Y:100 K:45

BLACK

WHITE

rev. June 4/09

Page 3: Investment Summary - Ivanhoe Cambridge Canadian Retail Portfolio

Page

3CANADIAN REGIONAL & COMMUNITY MALL PORTFOLIO

OAKVILLE PLACE, Oakville Ontario

Type Two-Level Regional MallYear Built / Renovated 1981 / 2004, 2008GLA (sf) 454,838Anchor / Major

Page 4: Investment Summary - Ivanhoe Cambridge Canadian Retail Portfolio

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4CANADIAN REGIONAL & COMMUNITY MALL PORTFOLIO

Type Two-Level Community MallYear Built / Renovated 1968 / 2001, 2004, 2006GLA (sf) 783,339(1)

Anchor / Major

BURLINGTON MALL, Burlington Ontario

(1) GLA includes 144,953 sf Bay which is non-owned.

Page 5: Investment Summary - Ivanhoe Cambridge Canadian Retail Portfolio

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5CANADIAN REGIONAL & COMMUNITY MALL PORTFOLIO

Type Single-Level Community MallYear Built / Renovated 1974 / 1998, 2001, 2007, 2010GLA (sf) 374,802Anchor / Major

LYNDEN PARK MALL, Brantford Ontario

Page 6: Investment Summary - Ivanhoe Cambridge Canadian Retail Portfolio

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6CANADIAN REGIONAL & COMMUNITY MALL PORTFOLIO

Type Single-Level Community MallYear Built / Renovated 1973 / 2001GLA (sf) 371,055Anchor / Major

TECUMSEH MALL, Windsor Ontario

Page 7: Investment Summary - Ivanhoe Cambridge Canadian Retail Portfolio

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7CANADIAN REGIONAL & COMMUNITY MALL PORTFOLIO

Type Single-Level Regional Mall, 10-Storey Office TowerYear Built / Renovated 1975 / 2010GLA (sf) 933,881(1) (102,673 space sf in office tower)Anchor / Major

PLACE VERTU, Montreal Quebec

(1) GLA includes 196,448 sf Sears which is non-owned.

Page 8: Investment Summary - Ivanhoe Cambridge Canadian Retail Portfolio

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8CANADIAN REGIONAL & COMMUNITY MALL PORTFOLIO

Type Single-Level Community MallYear Built / Renovated 1980 / 1995GLA (sf) 312,183Anchor / Major

ST. ALBERT CENTRE, St. Albert Alberta

PANTONE 476 PC

C: 57 M:80 Y:100 K:45

St. Albert Vector Wordmark And Colors

PANTONE 7545 PC

C: 57 M:80 Y:100 K:45

PANTONE 549 PC

C: 57 M:80 Y:100 K:45

PANTONE 382 PC

C: 57 M:80 Y:100 K:45

BLACK

WHITE

rev. June 4/09