Taco Bell becomes newest tenant for ReDev Properties at Imperial Square, Guelph

(Toronto, July 23, 2018) ReDev Properties Ltd. is pleased to announce the completion of a lease with Taco Bell at Imperial Square, located in Woodlawn Road West, Guelph, ON. This is a 2,000
square feet pad that was built for Taco Bell which includes a restaurant and a drive-through facility.

“This is an ideal location for a fast food restaurant in Guelph given how close it is to a very busy Cineplex, the only major multiplex facility in that part of the region,” said Richard Crenian, President and Founder of ReDev Properties. “We are delighted to have provided Taco Bell with a location ideally suited to their needs.”

Taco Bell Canada also announced their intention to become a 700-restaurant brand in Canada. Currently, Taco Bell Canada operates 170 Canadian restaurants in over seven provinces and is
the leading Mexican-inspired quick service chain in the country. Richard Crenian, President and Founder of ReDev Properties said, “Imperial Square is well located with excellent potential for continued growth.” Imperial Square is fully leased, featuring a strong mix of prominent national tenants including Cineplex, A&W and Mandarin.

About ReDev Properties
Founded in 2001 by Richard Crenian, ReDev Properties is a leading real estate investment
management firm with an exceptional track record of successfully owning, developing, and
managing over $2.5 Billion of real estate properties across Canada. ReDev focuses solely on
commercial real estate, which enables the firm to deliver competitive investment performance,
while ensuring alignment of interest with partners.