Concert Properties celebrates 20 years of success as a developer

With its many successes over the past 20 years, Concert will continue to flourish and expand into the future.

Vancouver, BC, Canada – On Monday, June 1, 2009, Concert celebrates its 20th anniversary as an award-winning diversified real estate enterprise. Over the past twenty years, Concert has enjoyed many successes and continues to be well positioned to prosper and grow into the future.

Owned exclusively by 19 union and management pension funds, Concert’s portfolio includes a wide array of development projects from rental housing, commercial and industrial properties, and condominium housing to seniors living communities and resort developments in British Columbia, Alberta and Ontario.

“We are immensely proud to celebrate our 20th anniversary as one of the industry’s leaders, well positioned to prosper and grow long into the future,” said David Podmore, President & CEO, Concert Properties Ltd. “With an unwavering dedication to honesty, integrity, customer service and community, Concert has always been and will continue to be “a developer with a difference."

Since 1989, Concert has constructed and continues to manage more than 2,700 rental homes in buildings throughout Vancouver and Toronto. Concert has established a well-earned reputation for providing top quality rental homes and views these properties as sound, income-producing investments, managing both the buildings and tenant relationships for the long term.

In 1992, Concert expanded its real estate activities to include the development of condominium homes. Seventeen years later, Concert is perhaps best known as one of British Columbia’s pre-eminent condominium developers, having been named Best Home Builder in BC on numerous occasions.

While Concert is widely respected as a high-quality condominium developer and rental housing provider, the company has also gained recognition for its expanding commercial/industrial portfolio. Concert is also enjoying success with its Tapestry retirement communities whose amenities and services exceed traditional retirement living.

Since 1989, Concert has completed developments in excess of $1.9 billion, built more than 8,000 rental and condominium homes, developed and acquired more than 8.1 million square feet of income-producing properties, created more than 16.2 million person-hours of on-site union employment and has contributed in excess of $70.5 million to affiliated union pension, health and welfare benefits.

Concert is also very proud to have been named one of the top 25 places to work by BC Business and one of the top 50 best workplaces in Canada by Canadian Business.

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 .

For media inquiries contact:
Heather Harley
Telephone: 604.602.3713

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