Cominar
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History

About

Our legacy of proximity

Since its founding, Cominar has placed peoples' interests and concerns at the heart of all decision making. By staying closely connected to those who frequent its buildings daily, the organization furthers the collective success of its clients, partners, and investors.

This approach, combined with a commitment to excellence, recognized real estate expertise, and flexible management style, will ensure Cominar's outstanding presence on Quebec's real estate landscape well into the future.

Cominar

Since 1965

  1. 1965

    Foundation of Cominar

    The company builds and develops apartment buildings in the Quebec City area.

  2. 1973

    One of the first condo developers in the province

    With an innovative step forward, Cominar begins construction of Le Louisbourg condominium towers, one of the first developments of its kind in Quebec.

  3. 1986

    Construction of our first commercial building in Quebec City

    Cominar starts building and developing Place de la Cité, a complex that integrates commercial and office spaces.

  4. 1998

    Cominar goes public

    Cominar is introduced to the Toronto Stock Exchange and becomes Cominar Real Estate Investment Trust (“Cominar REIT”). Cominar's quoted shares are traded publicly as CUF.UN.

  5. 2007

    A major breakthrough into the Montréal market

    Cominar acquires 28 industrial and mixed-use properties, as well as 19 office buildings from Alexis Nihon Real Estate Investment Trust and its wholly-owned entities.

    $ MONTRÉAL
  6. 2014

    Cominar, leader in retail following two major acquisitions

    The acquisition of 10 shopping centres for a total of 4.2 million square feet makes Cominar a leader in the retail sector.

    On September 30, 2014, Cominar announces that it has closed the acquisition of a 5-million-square-foot real estate portfolio from Ivanhoé Cambridge, a real estate subsidiary of the Caisse de dépôt et placement du Québec, for roughly $1.35 billion. One month later, Cominar finalizes the acquisition of Centre Rockland, a 646,000-square-foot shopping centre located in the Town of Mount Royal, a suburb on the island of Montreal, for a purchase price of $271.7 million.

  7. 2018

    Sylvain Cossette, new President and CEO of Cominar

    This is the start of an organizational transformation to implement our vision for the real estate of tomorrow. Our executive team is growing, so is our expertise. We are committed to creating flexible spaces in prime locations to promote collective and collaborative intelligence.

  8. 2019

    Large-scale projects take shape

    Mixed-use retail properties are our goal: new retail openings such as Décathlon and Avril Supermarché Santé are making our shopping centres more dynamic

    Launch of Phase 4 of the Palladium Campus
    Cominar unveils a new construction project for a five-storey building in our Palladium Campus in Kanata in response to Ford Motor Corporation growth in the Greater Ottawa area.

  9. 2021

    Cominar obtains Bronze Parity Certification from Women in Governance

    Read the news

  10. 2022

    Dawn of the new era

    On March 1, 2022, a consortium of real estate investors acquires Cominar. This transaction marks the beginning of a new era for the company. A new CEO, Mario D. Morroni, takes office and the management team is consolidated during the year.

  11. 2022

    Inauguration in Laval: Mostra Centropolis

    In partnership with Cogir and Divco, Cominar kicks off the construction of Mostra Centropolis, a modern and inspiring rental apartment project that embodies the future of Cominar.

    More than 300 residential units and commercial spaces for rent will be built in the heart of Centropolis' vibrant community. A stimulating and friendly neighbourhood life awaits future residents!

  12. 2023

    Looking to the future

    Cominar unveils its new strategic vision with a new positioning and signature, clearly signaling its presence like never before in the Quebec real estate landscape.