The Gazette from Montreal, Quebec, Canada • 33

C5 BUSINESS Ivanhoe sells 6 shopping centres Introducing four investment solutions that will put you to sleep. THE GAZETTE, MONTREAL, TUESDAY, JANUARY 15, 2002 ill if 46, pill! -i Canadian Press TORONTO First Capital Realty Inc. is buying six Montreal-area shopping centres from real-estate giant Ivanhoe Cambridge for $58 million. The portfolio consists of neighbour-jhood and community supermarket-inohored shopping centres, with about square feet of leasable area, 31rst Capital said yesterday 'The centres being acquired are: Plaza Delson; Place Fleury; and the Beaconsfield, Cote St Luc, Van Home, and Wilderton shopping centres. The purchase price combines cash and mortgage debt and the deal is ex-, pected to close on Jan.

31. Ivanhoe Cambridge of Montreal was formed last year with the merger of Ivanhoe Inc. and Cambridge Shopping Centres Ltd. after Ivanhoe took Cambridge private in 2000. The company is owned by five pension funds, with its principal shareholder the Caisse de Depot et Placement du Quebec.

Ivanhoe Cambiidge owns 61 shopping centres, valued at about $7 billion, and had rental income of about $900 million in 2000. Mat-. at IF' BRIEFS Microcell adds Microcell Telecommunications inc's total new net retail customer addons for the three months ended Dec. 31 were 100,349. The company, which inarkets the Fido PCS wireless service, net retail customer additions for the year were 286,683.

It said the additions brought Microcell's total retail customer base to 1,209,210, up 31 per cent from a year earlier It said it also provided digital PCS wireless services to 20,631 wholesale subscribers at Dec 31. J. I. -i. 4x 1 CTV eats up Comedy TORONTO CTV Inc.

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