Cadillac Fairview Corporation Limited is a Canadian company that invests in, owns, and manages commercial real estate, mainly in Canada and the United States.
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15 Facts About Cadillac Fairview
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Cadillac Fairview is wholly owned by the Ontario Teachers' Pension Plan.
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3.
Name "Cadillac Fairview" came into existence in 1974 as a result of the merger between Cadillac Development Corporation Ltd and Fairview Corporation.
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Cadillac Fairview Corporation was established in 1958 as the real estate division of Cemp Investments, the holding company of the Bronfman family.
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On September 21,2015, Cadillac Fairview rebranded its shopping centre properties, adding the prefix "CF" in front of each shopping centre name and phasing out individual mall logos in favour of a standardized logo format and image campaign.
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In July 2018, Cadillac Fairview disclosed that it had been employing facial recognition technology via embedded cameras on their mall directory kiosks, which collected anonymized information of the estimated age and gender of customers.
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Cadillac Fairview stated that this information was being used to analyze mall traffic.
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The report concluded that Cadillac Fairview had complied with their recommendations, with the exception of those "that speculate about hypothetical future uses of similar technology".
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Cadillac Fairview defended the program, arguing that the cameras' use were covered by a general privacy notice located on entrance signage, that the images themselves were only stored temporarily for analysis before being deleted, and that they could not individually identify a visitor.
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Cadillac Fairview owns, develops, and manages property, malls and large office and retail spaces across the Western Hemisphere, mostly in North America.
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Cadillac Fairview has developed suburban housing, such as the Erin Mills "New Town".
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Cadillac Fairview's malls are generally large and high-quality, with high-end stores and high sales per square foot.
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Cadillac Fairview has actively tried to sell weak malls, reducing its mall count from a high of 40 to around 20 in 2017.
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15.
Notable properties managed by Cadillac Fairview, some co-owned with other investors, are listed below.
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