La Caisse entrusts management of its Québec office properties to Canderel
La Caisse announces the conclusion of a strategic partnership with Canderel—a major private real estate company headquartered in Montréal—to take over the operational management of its Québec office properties while retaining ownership.
“In addition to supporting a fast-growing Québec real estate leader, this partnership will enable La Caisse to focus fully on its core profession as an investor and standardize its real estate business model,” said Annie Houle, Managing Director, Real Estate, Canada, at La Caisse.
Built on shared interests, this partnership aims to preserve the distinctive character of symbolic Quebec buildings owned by La Caisse, such as Place Ville Marie, Édifice Jacques-Parizeau and Édifice Price, and to ensure the continuity and quality of the services offered.
“It’s a great privilege for Canderel to be entrusted with the management of such iconic buildings. This mandate demonstrates La Caisse’s confidence in our expertise and our roots in Québec, and we are proud to contribute to the stewardship of this exceptional real estate heritage,” said Brett Miller, Chief Executive Officer at Canderel.
On December 1, 2025, all teams currently involved in La Caisse’s office building operations in Québec will join Canderel, ensuring a smooth transition that respects existing expertise.
ABOUT LA CAISSE
At La Caisse, formerly CDPQ, we have invested for 60 years with a dual mandate: generate optimal long term returns for our 48 depositors, who represent over 6 million Quebecers, and contribute to Québec’s economic development.
As a global investment group, we are active in the major financial markets, private equity, infrastructure, real estate and private credit. As at June 30, 2025, La Caisse’s net assets totalled CAD 496 billion. For more information, visit lacaisse.com or consult our LinkedIn or Instagram pages.
La Caisse is a registered trademark of Caisse de dépôt et placement du Québec that is protected in Canada and other jurisdictions and licensed for use by its subsidiaries.
ABOUT CANDEREL
Canderel is one of the largest private real estate companies in Canada. With its head office located in Montréal and six other offices nationwide, Canderel has been part of the Canadian real estate landscape for 50 years. Benefiting from the expertise of nearly 650 real estate professionals, Canderel has developed unique know-how and positioning in value creation, performance optimisation, and improving returns on real estate investments. Since its inception, the company has managed more than $20 billion in acquisitions, development, and management projects, totalling over 80 million square feet of owned, managed and developed properties.
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