Award-Winning Developer TAS Partners With Social Venture Exchange
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 09/19/13 -- TAS, a leading developer of innovative, mixed-use projects in emerging urban neighbourhoods, announces a new partnership with the Social Venture Exchange (SVX). SVX is an investing platform connecting ventures, funds, investors, and service providers to mobilize private capital towards public good.
"Through the SVX platform, TAS will be directly linked to investors who share a belief that they can receive lucrative investment returns while positively affecting social and environmental change. Our partnership with the SVX further demonstrates our commitment to building sustainable communities while returning a profit to investors," said TAS CEO & President Mazyar Mortazavi.
SVX is led by MaRS Discovery District, in close collaboration with TMX Group and with support from the Government of Ontario, Torys LLP, KPMG, RBC, the J.W. McConnell Family Foundation and a host of . The SVX facilitates effective impact investments by allowing investors to identify screened impact investment opportunities, share due diligence, collaborate on deals, and provide ventures with increased access to capital and financial expertise.
As a requirement for listing on the SVX, TAS was certified as a Benefit Corporation (B Corp), a new type of corporation which uses the power of business to solve social and environmental problems. TAS will voluntarily meet higher standards of transparency, accountability and performance. As a B Corp, TAS joins a community of 830+ worldwide companies in 28 countries from 60 industries seeking to use the power of business to solve social and environmental problems.
About TAS
TAS is a leading developer of innovative, mixed-use projects in emerging urban neighbourhoods. As city builders, TAS engages in collaborative processes with their stakeholders, seeking to strengthen and facilitate community cohesion. TAS' most recent community partnerships include projects with the Junction Flea, Cultivate Toronto and Fresh City Farms. TAS' work is guided by their Four Pillars of Sustainability™, ensuring their positive impact on the social, cultural, economic and environmental fabric of the city of Toronto. TAS was recognized as the BILD Toronto Green Developer of the Year in 2009; their success is rooted in the strength and dynamic of their team. TAS continues to design and build all of their buildings to a minimum LEED Silver standard.
TAS launched the TAS DesignBuild LP (TAS LP) in 2012 as an investment vehicle for its projects. The TAS LP offers investors the opportunity to invest in an asset secured opportunity while ensuring that they are generating a positive social impact. Through TAS' commitment to Shaping Beautiful Cities™, TAS projects ensure that each building they develop contributes to the net benefit of the neighbourhoods within which they build and the communities that live there.
Current Development Project includes DUKE Condos, a mid-rise residence, slated for occupancy in November 2015 in Toronto's Junction area at Dundas Street West (DU) and Keele Street (KE). #junctionlife
Contacts:
Faulhaber Communications
Lexi Pathak
Sr. Manager, PR & Marketing
416-504-0768 x227
Faulhaber Communications
Rachel Walters
Account Executive
416-504-0768 x228
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Datum: 19.09.2013 - 13:30 Uhr
Sprache: Deutsch
News-ID 298362
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