Aimia moving its global headquarters to dynamic new location in Montreal – Kevric Real Estate's latest office building to be known as Aimia Tower

MONTREAL, June 7, 2012 /CNW Telbec/ – Aimia and Kevric Real Estate
Corporation announced today that Aimia will be moving its global
headquarters to a new location in the heart of Montreal’s financial
district in early 2014. Aimia will occupy four floors of Kevric’s
latest project, a 35-story office tower and condominium complex
currently under construction at the corner of Viger Street and Beaver
Hall Hill. The office tower will be named after Aimia while the
residential portion of the project will be known as Altoria.

“We are pleased to have secured this prominent location in the
Quartier-International district, in a premium office space that better
represents who we are as a successful global company,” said Rupert
Duchesne
, Group Chief Executive, Aimia. “We are particularly proud to
have this unique building named after our company. The Aimia Tower
marks a significant milestone in our history that began right here in
Montreal and truly reflects our strong commitment to this great city.”

The building will be one of Montreal’s tallest and most spectacular
buildings and will comprise more than 230,000 square feet of LEED Gold
office space, including a 10-story office tower and 25-story
residential condominiums.

“As Montreal’s first major office building since 2000, the Aimia Tower
and Altoria condominium complex is a monumental achievement, setting
new standards of quality for commercial space in downtown Montreal,”
said Richard Hylands, President, Kevric Real Estate Corporation.
“Adding Aimia as the lead tenant is a natural fit given our joint
commitment to innovation and the environment. With its dramatic and
contemporary profile, Aimia Tower’s concrete structure, clad in
energy-efficient tinted glass, will make a striking visual impact on
the north side of Victoria Square.”

Aimia Tower has been designed with the objective of achieving LEED Gold
certification and will include: use of geothermal energy including 19
geothermal wells, pre-heating of domestic hot water, fresh air governed
by CO2 detectors, low-consumption valves for reduced potable water
consumption, a rainwater retention basin, use of low-emission
materials, pale coloured roofing to reduce greenhouse gas emissions,
terminals for recharging hybrid and electric vehicles and more.

“We are excited to be moving to a green building as part of our ongoing
efforts to proactively minimize our environmental impact and promote
our commitment to carbon neutrality,” added Duchesne.

The agreement with Aimia marks another milestone in developing the
Altoria project, which is on track for completion in late 2013 for the
office portion and spring 2014 for the residential portion. To date,
the excavation is completed and the foundations are under way.

About Kevric Real Estate Corporation
Over the past several years, Kevric Real Estate Corporation has
established itself as one of the leaders in property development in
Montreal and Canada. Its growing reputation has earned it a place among
the largest private property developers and managers in Canada.

Kevric’s mission is to acquire, develop and reposition properties with
the potential for strong returns in the Toronto, Ottawa and Montreal
markets.

The Company offers specialized services in building and redeveloping
properties, property and asset management, marketing and leasing, as
well as project financing. It is currently the co-owner and/or manager
of Place Bonaventure in Montreal and, following a number of sales and
acquisitions, of a dozen properties in Quebec and Ontario.

About Aimia
Aimia Inc. (“Aimia”) is a global leader in loyalty management. Aimia’s
unique capabilities include proven expertise in delivering proprietary
loyalty services, launching and managing coalition loyalty programs,
creating value through loyalty analytics and driving innovation in the
emerging digital and mobile spaces. Aimia owns and operates Aeroplan,
Canada’s premier coalition loyalty program and Nectar, the United
Kingdom’s largest coalition loyalty program. In addition, Aimia has
majority equity positions in Air Miles Middle East and Nectar Italia as
well as a minority position in Club Premier, Mexico’s leading coalition
loyalty program and Cardlytics, a US-based private company operating in
merchant-funded transaction-driven marketing for electronic banking.

Aimia is a Canadian public company listed on the Toronto Stock Exchange
(TSX: AIM) and has over 3,400 employees in more than 20 countries
around the world. For more information about Aimia, please visit www.aimia.com. Follow us on Twitter: http://twitter.com/#!/aimiainc.

 

Contact:

Isabelle Troitzky
514-502-7252
isabelle.troitzky@aimia.com

Roch Landriault
514-843-2345
rlandriault@national.ca

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