DAILY NEWS Jan 19, 2013 4:00 PM - 0 comments

VIA Rail renews its lease at Place Ville Marie and consolidates its activities on two floors

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MONTRÉAL 2013-01-19

VIA Rail Canada has renewed its lease for their headquarter offices at Place Ville Marie in Montréal. The Corporation, which has been located in the building since the early 1980s, will take advantage of this agreement to consolidate its activities on two floors by 2016. This decision results from the reduction of its management workforce (15 per cent since 2009) and a redesign of individual workspaces in line with current market standards. The owners of the building, AIMCo and Ivanhoé Cambridge, who also acts as the building manager, will modernise the space in 2013 in order to provide a more efficient configuration. The new lease will take effect in April 2014.

"We are very pleased that after nearly 33 years in the building, VIA Rail chose to continue its journey in Place Ville Marie, one of our most iconic properties", commented Jean Laramée, Senior Vice President, Eastern North American Portfolio, Ivanhoé Cambridge. "Place Ville Marie continues to be a center of activity and abounding main focal point of the city.”



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