First Real Properties Limited, Second Real Properties Limited and Fourth Real Properties Limited are joint-venture companies owned by Yale Properties Limited and The Standard Life Assurance Company of Canada. The Real group of companies was formed between 1968-1981 to develop Lloyd D. Jackson Square in Hamilton, Ontario. Since that time, the companies have expanded into Calgary, Alberta and Toronto, Ontario. The Real group now holds a diverse portfolio containing 3.3 million square feet of office, retail and industrial assets, along with significant development lands. Senior management and accounting are centralized in the Toronto office, where a very hands-on approach is taken to ensure efficient and effective corporate operations. On-site property and leasing operations are led by a dedicated employee team, guided by the principles of long-term property stewardship. Highly developed information systems combined with strong procedures and communications further strengthen our ability to manage assets in order to exceed our tenants’ expectations.
Yale Properties Limited was formed in 1954 to develop and own real estate in Montreal, Quebec. Through the guidance of consistent ownership, the company has prospered and grown into a group of related companies with holdings and activities across North America in many industries and sectors.
The Standard Life Assurance Company of Canada is Standard Life’s largest operation outside the UK. Established in 1825 in Edinburgh, Scotland, Standard Life is a leading provider of long-term savings and investment solutions with over $300 billion in assets under administration. Standard Life has been doing business in Canada for over 175 years, where it administers over $38 billion in assets.