June 10, 2022

TORONTO (June 10, 2022) –Manulife Investment Management LaSalle Canada Property Fund announced today Maison Manuvie has earned the prestigious LEED® Platinum v4.0 certification for Operations and Maintenance. Manulife, which developed the property in 2015 entered a partnership with LaSalle Canada Property Fund (“LCPF” or “the fund”) in 2021. The property is managed by Manulife Investment Management.

LEED Platinum is the highest distinction for sustainable buildings on the Leadership in Energy and Environmental Design Certification Green Building rating system. The system is recognized globally as an indicator of sustainability achievement and leadership. To achieve LEED Platinum, buildings must receive a high score in key areas that measure environmental impact.

Located in Montreal Financial District, Maison Manuvie, a 485,000-square-foot trophy office asset, boasts exceptional sustainability credentials, including holding a LEED Gold certification C&S. In addition, the property has acquired top tier ENERGY STAR® certification recognized in 2021 by BOMA Quebec’s Energy Challenge Performance Award, 2019 BOMA® BEST certification, Platinum level and BOMA Quebec’s 2021-22 Building of the Year (TOBY) award.

“Maison Manuvie is an exceptional example of how active asset management can achieve results, especially in reducing carbon emissions and, ultimately, saving on energy costs. We’re proud that LCPF, in partnership with Manulife Investment Management for this property, continues to achieve at the highest level in our push to be an industry leader in sustainability. We firmly believe that the Fund’s sustainability credentials are a major differentiator in our approach to investing in real estate,” said Sam Barbieri, Managing Director, Portfolio Management and Development, LaSalle Investment Management.

“Manulife Investment Management is proud to pave the way forward for sustainable real estate, and this certification is a testament to the dedication to sustainability that our asset and property management teams practice every day. We are pleased to provide healthy and efficient workplaces for our tenants,” said Stephen Nicoletti, Managing Director, Real Estate Asset Management, Eastern Canada, Manulife Investment Management.

Manulife Investment Management incorporates ESG considerations into each stage of the real estate value chain and in June 2021, announced its strategy to meet a Greenhouse Gas reduction target of 80% by 2050 as they work to transition to a low carbon economy. In addition, Manulife Investment Management received industry leading scores from their GRESB assessment for the firm’s global real estate portfolio and was recognized as a GRESB Sector Leader raking first among its peer group in the ‘diversified – office/industrial in the America’s category.

Manulife Investment Management develops and manages commercial real estate around the globe as part of its comprehensive private markets’ capabilities. As of March 31, 2022, the real estate portfolio totals over 63 million square feet of office, industrial, retail, and multifamily space strategically located in markets across Canada, the U.S., and Asia Pacific. The group leverages its global platform and local expertise to provide market-leading solutions for its tenants and deliver results for its partners.

More about Manulife Investment Management’s Real Estate Portfolio in Canada

Manulife Investment Management develops and manages commercial real estate for thousands of customers around the globe as part of its comprehensive private markets’ capabilities. As of December 31, 2021, the real estate portfolio totals over 64 million square feet of office, industrial, retail, and multifamily space strategically located in markets across Canada, the U.S., and Asia Pacific. The group leverages its global platform and local expertise to provide market-leading solutions for its tenants and deliver results for its partners. Additional information about our Real Estate group can be found at manulifeim.com/realestate.

About Manulife Investment Management

Manulife Investment Management is the global brand for the global wealth and asset management segment of Manulife Financial Corporation. We draw on more than a century of financial stewardship and the full resources of our parent company to serve individuals, institutions, and retirement plan members worldwide. Headquartered in Toronto, our leading capabilities in public and private markets are strengthened by an investment footprint that spans 19 geographies. We complement these capabilities by providing access to a network of unaffiliated asset managers from around the world. We’re committed to investing responsibly across our businesses. We develop innovative global frameworks for sustainable investing, collaboratively engage with companies in our securities portfolios, and maintain a high standard of stewardship where we own and operate assets, and we believe in supporting financial well-being through our workplace retirement plans. Today, plan sponsors around the world rely on our retirement plan administration and investment expertise to help their employees plan for, save for, and live a better retirement.

Not all offerings are available in all jurisdictions. For additional information, please visit manulifeim.com.

About Manulife

Manulife Financial Corporation is a leading international financial services provider that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we provide financial advice and insurance, operating as Manulife across Canada, Asia, and Europe, and primarily as John Hancock in the United States. Through Manulife Investment Management, the global brand for our global wealth and asset management segment, we serve individuals, institutions, and retirement plan members worldwide. At the end of 2021, we had more than 38,000 employees, over 119,000 agents, and thousands of distribution partners, serving over 33 million customers. Our principal operations are in Asia and Canada, and the United States, where we have served customers for more than 160 years. We trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong. In the previous 12 months we made CAD$32.7 billion in payments to our customers.

Not all offerings are available in all jurisdictions. For additional information, please visit manulife.com.

About LaSalle in Canada

On an aggregate basis, LaSalle has executed more than C$7 billion in Canadian real estate since 2000, providing it with an in-depth understanding of the market. The formation of LCPF expanded LaSalle’s existing Canadian real estate product suite and investment vehicles, which include a series of closed-end commingled funds as well as separate accounts.

About LaSalle Canada Property Fund (LCPF)

LCPF is an open-ended fund targeting core properties in major markets across Canada. The Fund is targeting commitments from Canadian and global institutional investors seeking access to the Canadian real estate market through a diversified, income-oriented vehicle. Launched in 2017, the Fund aims to provide investors with immediate exposure to a diverse and mature portfolio comprised of office, industrial, mixed-use, retail and multifamily assets.  Through its near-term pipeline of potential future investments, the Fund will seek to take advantage of mispriced assets as it continues to grow.

About LaSalle Investment Management | Investing Today. For Tomorrow

LaSalle Investment Management is one of the world's leading real estate investment managers. On a global basis, LaSalle manages approximately $78 billion of assets in private and public real estate property and debt investments as of Q4 2022. LaSalle's diverse client base includes public and private pension funds, insurance companies, governments, corporations, endowments and private individuals from across the globe. LaSalle sponsors a complete range of investment vehicles including separate accounts, open- and closed-end funds, public securities and entity-level investments. For more information, please visit http://www.lasalle.com, and LinkedIn.

Forward looking statement

The information discussed above is based on the market analysis and expectations of LaSalle and should not be relied upon by the reader as research or investment advice regarding LaSalle funds or any issuer or security in particular. The information presented herein is for illustrative and educational purposes and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy in any jurisdiction where prohibited by law or where contrary to local law or regulation. Any such offer to invest, if made, will only be made to certain qualified investors by means of a private placement memorandum or applicable offering document and in accordance with applicable laws and regulations. Past performance is not indicative of future results, nor should any statements herein be construed as a prediction or guarantee of future results.