TORONTO, ON—After competing against a wide range of companies nationwide to win the Canada's Best Managed Companies award in 2011, Toronto-based commercial real estate services firm Avison Young requalified in 2012 to maintain its status as a Best Managed company.

The national award is sponsored by Deloitte, CIBC, National Post, Queen's School of Business and MacKay CEO forums. Canada's Best Managed companies, spanning every region across the country and an array of industries, have demonstrated business excellence through a rigorous and independent process that evaluates the caliber of their management abilities and practices, the organizers say.

“On behalf of the Board of Directors of Avison Young, our employees, our clients and our partners, we are truly honored to have been renamed one of Canada's Best Managed Companies,” said Avison Young Chair and CEO Mark Rose. “This designation is a testament to the hard work and dedication of our employees, our tremendous growth in recent years, and our differentiated, Principal-led structure. Each Principal has a stake in the success of our firm, which drives a culture of collaboration, co-operation and client focus, across the company.”