Financial Services >> CEO Interviews >> March 24, 1999

Bruce W. Duncan – Cadillac Fairview Corporation (cdf)

Bruce W. Duncan, Chairman, President and Chief Executive Officer of Cadillac Fairview Corporation, oversees all day to day operations of the company. Cadillac Fairview is a major owner, manager and developer of commercial real estate in North America with a total enterprise value (equity + debt) of $5.0 billion (CDN). It has ownership interests or manages 105 properties containing over 51 million square feet. This includes 49 Canadian retail properties totalling approximately 28 million square feet, 44 office properties totalling nearly 14 million square feet and 12 U.S. shopping centres totalling approximately 8 million square feet. Prior to joining Cadillac Fairview, Mr. Duncan worked for JMB Realty Corporation from 1978 to 1992, where he served as Executive Vice-President and a member of the Board of Directors. From 1992 to 1994, he was President and Co-Chief Executive Officer of JMB Institutional Realty Corporation providing advice and management for investments in excess of $9 billion (U.S.) in real estate by tax-exempt investors, including public and corporate pension funds, unions, endowments and foundations. Mr. Duncan is active in numerous business and charitable organizations including being on Board of Trustees of Starwood Lodging Trust, the largest hotel REIT in the U.S., and on the Board of Trustees of Kenyon College and Amresco Capital Trust. He is also a member of the Board of Directors of the Canadian Institute of Public Real Estate Companies (CIPREC). Mr. Duncan is a member of the Urban Land Institute (ULI) and a member and past trustee of the International Council of Shopping Centres (ICSC). Mr. Duncan is a graduate from the University of Chicago with a Master's degree in Business Administration and an Bachelor's degree from Kenyon College. He is a CPA. Profile
TWST: Could you give us a brief overview, a history of Cadillac

Fairview, the sector of the market you focus on, your business segment,

geography, that kind of thing?

Mr. Duncan: We're one of