CONCERT RECOGNIZED AS A GREAT PLACE TO WORK® IN CANADA BY CANADIAN BUSINESS MAGAZINE

Vancouver, BC, Canada – Concert is pleased to announce that the company is being recognized in Canadian Business magazine as one of the “Best Workplaces in Canada” for 2007. This and related stories appear in the April 23, 2007 issue of Canadian Business magazine, available on newsstands and atwww.CanadianBusiness.com.

“From the people who own our company to the people we employ, our people are what make Concert a developer with a difference,” said David Podmore, President and Chief Executive Officer, Concert Properties Ltd. “With their support Concert has been named to both BC’s and Canada’s top workplace lists. We encourage all our employees to think for themselves and to speak out when an idea needs to be heard. It’s a work style that’s led to many successes, including numerous awards for our innovative real estate development solutions.”

Located in British Columbia, Alberta and Ontario, the Concert team is unique with varied backgrounds and hands-on experience in property acquisition, planning, building design, construction project management, finance, customer service, sales, marketing, community relations and property management.

This list of “Best Workplaces in Canada” is compiled for Canadian Business magazine by Great Place to Work® Institute Canada. The competition process is based on two criteria: two-thirds of the total score comes from a 57-statement survey completed by a random selection of employees, along with their open-ended comments about their organization; the remaining one-third of the score comes from an in-depth review of the organization’s culture, including an evaluation of HR policies and procedures.

This offers a rigorous representation of the organization from an employee perspective, and an overall portrait of the workplace culture. Together, they provide crucial data relative to the five trust-building dimensions of a great place to work®: credibility, respect, fairness, pride and camaraderie.

More than 20,000 employees across Canada participated in the 2007 “Best Workplaces in Canada” survey.

About Concert Properties

Concert is an award-winning diversified real estate enterprise involved in developing and acquiring commercial and industrial properties, rental housing, multi-family condominium housing, seniors living communities, and resort developments in British Columbia, Alberta and Ontario. www.ConcertProperties.com

For media inquiries contact:
Heather Harley
Telephone: 604.602.3713
Email: HHarley@ConcertProperties.com