Commercial Real Estate Magazine

MESSAGE FROM THE EDITOR

ANOTHER EXCITING ISSUE FOR YOU!

On the front page of this issue, Mario D. Morroni, President and Chief Executive Officer of Cominar, is preparing to redeploy that renowned Québec flagship. With several large-scale real estate...

INTERVIEW

EMPHASIS ON CREATING VALUE

Since his appointment in May 2022 as president and CEO of Cominar, Mario Morroni has set his sights on rejuvenating this star of the Québec commercial real estate industry, setting a new course after...

DATA + FACTS = SMART INVESTING

REAL ESTATE INDUSTRY – YEAR IN REVIEW 2022 MONTRÉAL AND QUÉBEC CITY

The pandemic has left its mark on the real estate market, which is also coping with successive increases in interest rates. While most of the indicators were upbeat last year, we can expect strong...

MEET THE ARTIST

MONTRÉAL'S ICONIC STRUCTURES AS WORKS OF ART

Since 2018, the visual artist Stéphanie Goulet has been painting iconic buildings and public spaces of Montréal, shining a spotlight on this large, dynamic island and port city on the St. Lawrence...

PROMOTIONAL REPORT

FINAL PHASE OF PROJECT NOW UNDERWAY

Construction of the first of two Evolo NEX towers began in November 2022, an important milestone for Proment. The real estate development firm is now on the seventh and final phase of its Quartier...

SUSTAINABLE DEVELOPMENT

THE G OF ESG – HOW ARE GOOD GOVERNANCE FACTORS EVALUATED?

The main reason why ESG (environmental, social and governance) factors are now so closely scrutinized is risk management. When we talk about ESG, many people still think strictly about the social...

REAL ESTATE OVERVIEW

THE SECRET TO THEIR SUCCESS

In November 2022, the two directors of the PMML Agency received not one, but three awards of excellence. Members of the LEVIC network of real estate contractors and developers voted to give its...

REAL ESTATE DATA

PRUDENCE IS ADVISED

The investment volume for October and November adds up to $1.4 billion, while 253 transactions were completed during those two months. The most traded asset classes remain apartment and industrial...

PROMOTIONAL REPORT

MAKING A SIGNIFICANT GESTURE FOR THE PLANET

Eager to actively contribute to energy transition, MACH is one of the first real estate firms to be affiliated with Hilo, a subsidiary of Hydro-Québec that offers smart demand response service for...

FOCUS

RECIPE FOR (ALMOST) CAR-FREE NEIGHBOURHOODS

In the face of the climate emergency, it is crucial to rethink city planning and promote sustainable transportation. Car-free neighbourhoods can be part of the solution. But what are the winning...

PROPERTY LAW

CONFRONTATION BETWEEN A NO-BUILD EASEMENT AND A MUNICIPAL BYLAW

On one side of two adjoining lots on Moody Boulevard in Terrebonne is a restaurant operating under the St. Hubert banner on land (the St. Hubert Lot) belonging to 9128310 Canada Inc. (912) and, on the...

BIODIVERSITY

PROTECTING BIODIVERSITY – REAL ESTATE'S NEW FRONTIER

The focus of the A New Approach to Property Management | Real Estate + Biodiversity symposium on December 15, 2022 was to emphasize the links between humans, the built environment and nature by means...

WORD FROM THE IDU

REAL ESTATE AND CLIMATE CHANGE: IT'S HAPPENING... RIGHT IN MY BACKYARD!

Political authorities are asking the real estate industry to decarbonize their buildings. We agree, and have identified some technical, financial and fiscal support available in the public sector to...

DELEGATION FROM MONTRÉAL

DELEGATION FROM GREATER MONTRÉAL AT MIPIM

For real estate industry leaders from around the world, MIPIM (International Market for Real Estate Professionals) is an event not to be missed, and for good reason. This annual event takes place at...

REAL ESTATE ANALYSES

HYDRO-QUÉBEC’S SUPPLY PLAN – MANAGING NEW DEMAND FOR ELECTRICITY

Hydro-Québec’s 2023-2032 Supply Plan highlights the green shift in the Québec economy. The utility’s plan anticipates massive energy demand growth stemming from widespread adoption of electric...

COMMON AREAS

AFTER THE STORM

The night this picture was taken, the day after a snowstorm, it was very cold, minus 20° Celsius. There were few people in the streets of Old Montréal, and those we passed did not linger. As in this...

SPOTLIGHT ON LÉVIS

REAL ESTATE ON A ROLL IN LÉVIS, AND RIGHTLY SO

The city of Lévis has long been viewed as essentially an extension of Québec City and the north shore of the St. Lawrence, a bit like how Montréalers view Longueuil. But like Longueuil, it is now...

FOCUS

REAL ESTATE DEVELOPERS JOIN FORCES FOR A GOOD CAUSE

Many feel helpless in the face of tragedy elsewhere, such as the destruction and trauma experienced by the people of Ukraine. Local real estate firms decided to help families living in exile find a...

WOMEN WITH EXPERTISE AND INFLUENCE

THE SHOPPING CENTRE CUSTOMER EXPERIENCE – DEFINING THE FUTURE

In many ways, hotel operators are the guest experience experts. Take the Four Seasons Hotel Montréal, where guests are taken care of at every step: from the doorman greeting them to the captivating...

INDUSTRY INFO

NOTICE OF APPOINTMENT NICOLAS DÉSOURDY NAMED PRESIDENT OF CARBONLEO

Carbonleo is pleased to announce the appointment of Nicolas Désourdy as president of the firm. Mr. Désourdy has 15 years of experience in retail and commercial real estate. He joined Carbonleo in 2012...