Home > Commercial Real Estate News > Rio Tinto to Relocate Headquarters to Deloitte Tower in Montreal #cre #montreal

Rio Tinto to Relocate Headquarters to Deloitte Tower in Montreal #cre #montreal


The Square Foot – Rio Tinto to Relocate its Rio Tinto Alcan Global Headquaters

The Cadillac Fairview Corporation Limited is proud to announce a long-term lease agreement with Rio Tinto, who will relocate its 800-employee Montreal office, including the global headquarters of Rio Tinto Alcan, to the Deloitte Tower in fall 2015. The company will occupy 190,000 square feet on the top eight floors of the 26-storey office development, and become the Deloitte Tower’s largest tenant in terms of square footage.
Rio Tinto Alcan, which established its head office in downtown Montreal more than 80 years ago, will occupy an additional 10,000 square feet for auxiliary services at the adjacent heritage-designated Windsor Station.
“Cadillac Fairview is proud to partner with Rio Tinto, and the decision to choose Deloitte Tower as their new home in Montreal speaks to the quality of our project,” said John Sullivan, president and chief executive officer, The Cadillac Fairview Corporation Limited. “Rio Tinto stands for sustainable development and innovation, and Cadillac Fairview is confident that Deloitte Tower reflects these core values.”
“As a long-time member of the Montreal community Rio Tinto Alcan has an important place in this city’s history, but today we are looking to the exciting future for our company in this city and our new home. Rio Tinto is very proud to be a part of this ambitious project and we look forward to moving to the city’s most modern, environmentally-friendly office building,” said Jacynthe Côté, chief executive of Rio Tinto Alcan.
Salvatore Iacono, Cadillac Fairview’s senior vice-president, development and portfolio management, Eastern Canada, is pleased with Deloitte Tower’s leasing momentum. “Deloitte Tower is now 70% leased only one year after the project and Deloitte’s role as anchor tenant were announced, and two years prior to the project’s completion.”
Deloitte Tower will be a state-of-the-art, green, contemporary, collaborative workplace and serves as a flagship to Cadillac Fairview’s commitment to Montreal. Over the next 15 years, the company plans to invest up to $2 billion to transform the area surrounding the Bell Centre, including $200 million to build Deloitte Tower.

on July 11, 2013

Advertisements
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: