Manulife Financial: Investment Management unveils new LCBO location at the Center

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TORONTO, October 6, 2021 / CNW / – The renowned LCBO store at the Manulife Center to open for the first time in 10:00 am today. This new Bloor Street destination occupies over 11,300 square feet of street access space, an improvement over the former 7,500 square foot indoor location. The new street-front store offers an incredible section of wines, beers and spirits from around the world, carefully curated by the LCBO for the local community. Customers can also discover an extensive Vintages section, expanded spirits and premium offers, as well as a wide assortment of Ontario-products manufactured. Convenient same-day pickup service will be available for customers.

The Manulife Center has recently undergone a major redevelopment, including a revitalization of its exterior, the addition of a glass facade which has increased the presence on the street and the overall leasable area. Interior space has also been reconfigured with the addition of 35,000 square feet of retail space which has attracted high-end brands including Eataly, Pistil Flowers and Pilot Coffee Roasters.

“We are thrilled to partner with the LCBO to expand their presence in the Bloor-Yorkville community,” said Scott Gordon, responsible for the management of real estate assets, Canada To Manulife Investment Management. “We have worked closely with the LCBO to ensure that their new location allows them to showcase their premium offering, while improving the local retail community. “

“We are delighted to open our doors in our newly relocated store, in the heart of some of the best stores in Canada“said George Soleas, President and CEO of the LCBO.” The modern store offers an elevated shopping experience that our loyal customers in the community have come to expect from the LCBO.

The Manulife Center is one of from Canada premier mixed-use destinations with office, retail and residential space covering 285,000 square feet of retail, 435,000 square feet of office space and 809 luxury rental residential units. It is currently home to flagship national brands such as Birks, Indigo, Loblaws and Pharmaprix pharmacy as well as local retail legends Bay Bloor Radio, Over the Rainbow and Ron White Shoes.

The Manulife Center LCBO is open Monday through Wednesday from 10:00 a.m. to 8:00 p.m., Thursday and Friday from 10:00 a.m. to 9:00 p.m., Saturday of 10:00 a.m. to 9:00 p.m. and Sunday of 11:00 a.m. to 6:00 p.m.

The Manulife Center is open Monday to Saturday from 7 a.m. to 10 p.m. and Sunday from 7 a.m. to 9 p.m. The hours of operation of each retailer may vary. Please contact retailers directly or for more information visit manulifecenter.com.

Manulife Investment Management develops and manages commercial real estate for thousands of clients around the world within the full capabilities of its private markets. As of June 30, 2021, the real estate portfolio totaled more than 62 million square feet of office, industrial and commercial space strategically located in markets across Canada, the we, and Asia. The group leverages its global platform and local expertise to deliver cutting-edge solutions to its tenants and deliver results for its partners.

About Manulife Investment Management

Manulife Investment Management is the global wealth and asset management segment of Manulife Financial Corporation. We draw on more than a century of financial stewardship and all of our parent company’s resources to serve individuals, institutions and pension plan members around the world. Based at Toronto, our cutting-edge capacities in public and private markets are reinforced by an investment footprint that covers 18 geographic areas. We complement these capabilities by providing access to a network of unaffiliated asset managers from around the world. We are committed to investing responsibly in all of our activities. We develop innovative global frameworks for sustainable investing, collaborate with the companies in our securities portfolios and maintain a high level of stewardship where we own and operate assets, and we believe in supporting financial well-being through of our workplace pension plans. Today, plan sponsors around the world rely on our expertise in pension administration and investment to help their employees plan, save and experience a better retirement.

From June 30, 2021, Manulife Investment Management assets under management and administration, including assets under management for other segments of Manulife, totaled 1 trillion Canadian dollars ($ 834 billion). Not all offers are available in all jurisdictions. For more information, please visit manulifeim.com.

About the LCBO

Created in 1927, the Liquor Control Board of Ontario (LCBO) is a Ontario public company responsible for the retail and wholesale of wines, beers and spirits. It operates more than 675 retail stores across the province and works with 450 partner grocery stores, licensees and more than 400 LCBO convenience outlets to deliver products to Ontarians. As one of the largest buyers and retailers of alcoholic beverages in the world, the LCBO annually offers more than 28,000 products from more than 80 countries, making it easy to find the perfect choice to make the moments unforgettable. All net revenue from LCBO sales goes to Government of Ontario in the form of an annual dividend. In fiscal year 2019-2020, the LCBO delivered a $ 2.38 billion dividend to the Ontario government to support essential services like health care, education and infrastructure. Through its Spirit of Sustainability social impact platform, the LCBO has raised more than $ 13.6 million to support the social and environmental needs of the province, creating a more sustainable environment Ontario for employees, customers and partners. To learn more about the LCBO, visit LCBO.com.

THE SOURCE Manulife Investment Management

© Canada Newswire, source Canada Newswire English


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