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Sustainability reporting in Concert

Concert is proud to announce the release of our 2013 Report on Sustainability which is based on the most recent company-wide greenhouse gas (GHG) emission data.

We issued the first Report on Sustainability in 2011 to recap the results of our inaugural GHG audit completed in conjunction with Climate Smart. For those not familiar, Climate Smart is an independent, non-profit organization focused on helping companies reduce emissions while lowering operating costs.

Inside this year’s report you will find statistics on how the company is doing in terms of emissions reduction, information on the many sustainability-minded initiatives that took place throughout the year and a video case study focused on our property management team.

Available exclusively online, we encourage you to check out our 2013 Report on Sustainability – click here to see it for yourself!

Construction in Concert

Concert currently has several active construction projects between Vancouver, Victoria and Toronto. Here is an update on how each of these developments is progressing:

Despite an unanticipated delay, within the coming weeks our contractors will be starting to demolish the buildings that currently occupy the site of 88 Scott , Concert’s 58-storey highrise in the heart of downtown Toronto.

A comprehensive renovation is set to begin this month on the seven-storey Queen Victoria Hotel in Victoria which Concert acquired with the intention to convert into rental housing. Once complete, the development will be known as The Q Apartments .

At Era , Concert’s 16-storey condominium development in downtown Victoria, concrete formwork in the foundation is ongoing.

Concrete formwork has reached the 24th floor and glazing installation has reached the 15th floor at Salt , Concert’s 33-storey condominium development in downtown Vancouver.

With the roof now in place, glazing installation is well underway on Blythwood at Huntington , Concert and Tridel’s nine-storey condominium development in the Lawrence Park neighbourhood of Toronto.

Following the enclosure of the building, interior finishing work is ongoing at The Berczy , our 13-storey condominium in Toronto’s historic downtown St. Lawrence neighbourhood.

Final interior and exterior finishing work is now underway on  One32 , our 10-storey rental community in downtown Toronto.

Concert’s 15-storey Axis rental development at the University of British Columbia is rapidly approaching completion to ensure occupancy in advance of the fall 2013 semester.

For ongoing updates regarding construction of these Concert developments, find us on Facebook or follow us on Twitter (@ConcertProp).

The strength of Concert’s ownership

Concert was established in 1989 and is owned by 19 union and management pension funds representing over 200,000 Canadians. From its very beginnings, this unique ownership structure has provided the company with a strong financial backing, has played an integral role in shaping the company’s goals and culture, and continues to drive Concert today.

Concert’s diversification over the years in terms of asset class and geography has been motivated by a desire to manage risk on behalf of our shareholders and to supply them with a continuous return on their investment. While initially focused exclusively on providing affordable rental housing in Vancouver, Concert has since expanded to develop condominium homes and seniors housing in British Columbia and Ontario, while also acquiring and developing various types of commercial property throughout British Columbia, Alberta and Ontario. Most recently, the company also expanded into the Canadian infrastructure market through the formation of Concert Infrastructure Ltd.

Our ongoing commitment to our shareholders and to the highest standards of quality construction means that Concert employs skilled, union labourers exclusively on our construction sites – since our inception we have generated 20.8 million person hours of union employment and counting! With the help of these skilled union craftspeople, Concert has become synonymous with quality across Canada.

With the continued support of our shareholders and the skilled craftspeople we employ, Concert’s future never looked so bright. Click here for more information on the pension funds who invest in Concert.

 

   Founded in 1989, Concert specializes in developing rental apartments, condominium homes and retirement communities, acquiring and developing commercial, industrial and infrastructure properties and in property management. With operations in British Columbia, Alberta and Ontario and the backing of more than 200,000 Canadians represented by the union and management pension plans who own Concert, our commitment is to build strong, sustainable communities across Canada.

This issue brought to you by Colliers International , DYS Architecture , Gateway Property Management  & Altus Group ; gold sponsors of Concert's 2012 golf tournament.

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Get in touch: Blueprint@ConcertProperties.com
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