ROYAL LEPAGE LAUNCHES NEW

COMMERCIAL REAL ESTATE PROGRAM

Royal LePage meets the under-serviced commercial real estate needs of small and medium-sized businesses and investors in Canada

TORONTO, April 3, 2012 – Royal LePage Real Estate Services is proud to announce the rebirth of its storied Commercial brand to support the company’s nationwide network of commercial real estate practitioners and their clients. Royal LePage’s new commercial real estate offering provides a complete set of tools and resources for dedicated commercial practitioners to address the property brokerage and leasing needs of business and investment clients.

“I am convinced that the positive turn in the economic cycle will be supportive of our re-emergence into the commercial market,” said Phil Soper, president and chief executive, Royal LePage Real Estate Services. “We believe the time is right to capture significant market share in the under-serviced Canadian commercial brokerage industry’s mid-market.”

As part of this rebirth, Royal LePage introduced a new Commercial logo and launched a new, dedicated website (www.royallepagecommercial.com) where owners and seekers of commercial real estate will benefit from greater access to one another. The website includes listings, postings from buyers and profiles of all of our dedicated practitioners.

In addition to the website, clients will benefit from working with a Royal LePage agent who has met entrance criteria for experience, accreditation and performance achievement.

Royal LePage’s commercial professionals will also benefit from this new offering as they’ll gain access to a suite of professional tools and resources designed to help them best serve their clients’ commercial real estate needs.

Examples include:

• A nationwide network of quality sales associates
• Networking opportunities
• Marketing materials
• Professional development resources
• Preferred partnerships

“This new offering is an exciting development that builds on our company’s leadership history in Canada’s commercial real estate market,” Soper added. “Canadians have come to expect the highest level of service and expert advice and counsel from Royal LePage professionals. This program boldly extends our brand promise into the commercial real estate services industry.”

About Royal LePage Commercial

Royal LePage is a leading provider of services to commercial real estate brokerages, having served the commercial real estate needs of Canadians since the 1950s. Royal LePage’s nationwide network of dedicated Commercial sales practitioners is required to meet criteria for knowledge, experience and performance achievement. The company supports its Commercial sales practitioners with a suite of services designed to meet their marketing, promotional, networking, partnership and professional development needs and helps ensure excellence in client service. 

About Royal LePage

Serving Canadians since 1913, Royal LePage is the country’s leading provider of services to real estate brokerages, with a network of 14,000 real estate professionals in over 600 locations nationwide. Royal LePage is the only Canadian real estate company to have its own charitable foundation, the Royal LePage Shelter Foundation, dedicated to supporting women's & children’s shelters and educational programs aimed at ending domestic violence. Royal LePage is a Brookfield Real Estate Services Inc. company, a TSX-listed corporation trading under the symbol TSX: BRE.