Property Development Group Information

Property Development Group (“PDG”), headquartered in Vancouver, British Columbia, is Western Canada’s preeminent shopping centre development company. What sets PDG apart from its North American counterparts is its extensive Asian retail development experience in such diverse markets as India, China, Taiwan, Indonesia and Singapore, amongst other Asian countries. In addition, PDG has developed a strong working relationship with a number of First Nation communities in developing shopping centres on their lands. PDG has done this development work successfully in both a joint venture structure as well as in a prepaid long term lease basis. First Nations PDG has worked with include the Cowichan Tribes, Squiala First Nation, Westbank First Nation, Tsawwassen First Nation, Tsawout First Nation and the Penticton Indian Band. PDG’s executive partners, Lawrence Rank, Keith McRae, David Coon, and Ken Grassi have substantial experience in the direct “hands on” acquisition, development and disposition of commercial real estate in North America and Asia. PDG’s capabilities involve every facet of the development process including land acquisition, master planning, entitlement processing, project concept and design strategies, project financing, marketing, leasing, operations management and asset disposition. And with over 1.5 million square feet of shopping centre projects currently under development and construction, PDG commands the attention of tenants, lenders and investors.