History
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
1965
Foundation of Cominar
The company builds and develops apartment buildings in the Quebec City area.
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.
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.
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.
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.
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.
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.
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.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.
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!
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.
Gift card
The Cominar gift card is redeemable in 7 shopping centres across Quebec.
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