2018 Conference Program

Tuesday, May 1

6:00 PM
IDU QUÉBEC CITY REAL ESTATE EVENING

Join the biggest names in the industry for a celebration of good taste. You will have the opportunity to mingle with your peers, discover the zones hosted by our valued partners, and share in the enthusiasm of those who work hard to make Québec a THRIVING CITY

6:00 p.m. – 9:00 p.m.
Québec City Armoury
(805 Wilfred-Laurier Avenue)

*Tickets must be purchased for this event


Wednesday, May 2

7:15 AM
REGISTRATION & CONTINENTAL BREAKFAST

8:00 AM
INTRODUCTION OF FORUM CHAIR
André Boisclair, President & CEO, Institut de développement urbain du Québec

OPENING REMARKS FROM THE CHAIR
Nathalie Roussin, President, Les Immeubles Roussin Ltd

8:10 AM
WHAT ARE THE ECONOMIC ENGINES FACILITATING THE GROWTH OF QUÉBEC CITY? WHY DOES IT HAVE THE LOWEST UNEMPLOYMENT RATE IN CANADA?

Insights on the economy and performance of the Québec City market, and the key emerging trends in this region. What are the factors responsible for the strong employment in the Québec City area? What competitive advantage does this market offer? Aside from being the seat of the provincial government, what other major industrial sectors are key drivers of the local economy, e.g. insurance and financial services, tourism, education, food processing, life sciences, ICT and electronics? 

Mario Lefebvre, Vice President, Research, Global Markets, Ivanhoé Cambridge 


8:40 AM
HOW IS THE QUÉBEC CITY REAL ESTATE MARKET PERFORMING?

How much leasing and investment momentum did the Québec City market experience in 2017 and the first quarter of 2018?  What is the outlook for the remainder of this year and beyond in the office, retail, industrial and multi-unit residential sectors?  How do the market fundamentals look with respect to vacancy rates, absorption rates, and cap rates?

Marie-France Benoit, Senior Director, Commercial Products, Data Solutions, Altus Group
Alain Roy, General Manager, Québec, Altus Group


9:10 AM
LE PHARE DE QUÉBEC: HOW HIGH DENSITY MIXED-USE DEVELOMENTS ARE RESHAPING CITIES

High density/high rise development has become more commonplace in cities across Canada and around the world. Quite often, these are mixed-use projects that are designed to integrate into the existing urban fabric. This presentation will focus on Le Phare de Québec, a dynamic 2 million sq.ft. development comprised of office, retail, residential, hotel and entertainment uses. At 65 floors, the main tower of the complex would be the tallest building east of Toronto.  

Rosanne Dubé, Architect & Project Manager, Gensler
Russell Gilchrist, Principal, Gensler


9:40 AM
KEYNOTE INTERVIEW: THE EVOLUTION OF A CANADIAN CONSTRUCTION LEADER

With annual revenues of $800M, over 1,500 employees, and numerous projects across country, EBC has become a leader in the Canadian construction field. What are the primary reasons for the growth of this Québec based company over the past 50 years? What are some of the significant projects that EBC is currently working on (e.g. the new Champlain bridge, Montreal’s Light Rail)? Why is it critical for government to renew infrastructure? How is technology impacting construction? How have corporate values affected the success of EBC which has been recognized for the second consecutive year as one of Canada’s best managed companies?

Anne-Marie Blais

Marie-Claude Houle

Zsolt J. Névery

Introduction by: 
Zsolt J. Névery,
Chief Operations Officer, Quebec, FCT

Interviewee: 
Marie-Claude Houle, President & CEO, EBC Inc.

Interviewed by:
Anne-Marie Blais, Architect & Partner, Groupe A


10:15 AM
MORNING REFRESHMENTS

10:45 AM
CONCURRENT SESSIONS (Select A1 or A2)
SESSION A1

WHAT IS DRIVING THE STEADY GROWTH OF CANADA’S 7TH LARGEST OFFICE MARKET? WHERE IS IT HEADING?

A comprehensive examination of the Québec City office market with its inventory of almost 20M sq.ft. The discussion will focus on a wide range of fundamentals and trends including: the still tight but rising vacancy rates,  the recent wave of new projects,  the evolving needs of major users of office space in this market (insurance companies, high tech, and government),; how Class B and C properties are performing compared to Class A; how much new development is underway or proposed for Québec or Levis; what are examples of innovative sites where mixed buildings are being built, tailored to the needs of technology companies; and what is the outlook for investment activity for 2018?

Patrick Soucy

Steven Bouffard

Charles Croisetière

Jérôme Jolicoeur

Dominic Gilbert

Moderator:

Patrick Soucy, Vice President, Chartered Real Estate Broker, Colliers International (Québec) Inc.

Panel:

Steven Bouffard, Leasing manager, Office and industrial properties, Cominar REIT
Charles Croisetière, Director of Development, Complexe de la Capitale
Jérôme Jolicoeur, Chief Executive Officer, Groupe commercial AMT
Dominic Gilbert, Vice President, Leasing, BTB REIT

 

SESSION A2
TRENDS AND OPPORTUNITIES IN THE APARTMENT MARKET

This session will open with a brief overview of rental housing demand in the Québec City rental housing market. Discussion will then follow on major fundamentals and characteristics of the multi-unit residential sector. What is the short- and medium-term outlook for the performance of the apartment market? Where are vacancy rates and rent levels heading? How strong is investor interest in rental housing properties? To what extent is new rental development activity underway?

Elisabeth Koulouris

René Bellerive

Patrice Ménard

Julie Neault

François Roussin

Moderator:

Elizabeth Koulouris, Principal, Market Analysis, Canada Mortgage & Housing Corporation

Panel:

René Bellerive, President, Groupe Kevlar
Patrice Ménard, President, Patrice Ménard Multi-Logements Inc.
Julie Neault, Executive Director - Debt Origination, Timbercreek Asset Management
François Roussin, Vice President, Strategy and Development, Les Immeubles Roussin Ltd


11:45 AM
CONCURRENT SESSIONS B (Select B1 or B2)
SESSION B1

UNDERSTANDING THE CHALLENGES AND EVOLUTION OF RETAIL:  HOW ARE THEY ALSO IMPACTING THE INDUSTRIAL MARKET? 

No other real estate property class attracts as much attention as retail. In recent years, U.S. and international retailers had been opening stores. But the growth of online shopping is having implications for traditional retail formats. National chains like Target, Future Shop, Sears and many apparel retailers have closed. How are landlords and retailers responding to these transformational trends and adapting to changing market conditions? Why has IKEA decided to return to Québec? Discussion will also examine some of the new retail development concepts entering the market along with the significant growth of logistics and distribution centres. How will the Québec retail market perform in 2018 and beyond?

Janina Francescutti

Michel Ayotte

Jean Laramée

Fernando Lozano

François Pelchat

Moderator:

Janina Francescutti, Senior Vice President, Capital Markets, Colliers International

Panel:

Michel Ayotte, Vice President, Leasing and Property Management, Groupe Dallaire
Jean Laramée, Executive Vice President, Development, Cominar REIT
Fernando Lozano, Partner, Associate, GKC Architects
François Pelchat, Vice President, Leasing & Marketing, Immostar

SESSION B2

THE SENIORS HOUSING MARKET IN QUEBEC: WHAT DO OWNERS AND DEVELOPERS UNDERSTAND ABOUT THE RISKS & OPPORTUNITIES?

Québec is a significant leader in the provision of seniors housing. The province has the largest number of seniors’ buildings and retirement homes in North America. Why? This session will explore the major differences between seniors housing and traditional apartments from various perspectives. What are the opportunities that companies serving this market niche are responding to? How significant are the risks? What are the barriers to entry? Examples of various projects will be examined within the discussion.

Martin DeRico

François Audet

Michel Bouchard

Francis Charron

Claude Paré

Moderator:

Martin De Rico, President & Partner, DeRico Experts-Conseils

Panel:

François Audet, Founder & Co-Owner, Résidences du Patrimoine Group
Michel Bouchard, Vice President, Real Estate, Groupe Maurice
Francis Charron, President, Bâtimo, Vice President & CEO, EMD Construction 
Claude Paré, CEO & Founder, Groupe Visavie 


12:40 PM
LUNCHEON
LUNCHEON REFRESHMENTS

1:40 PM
LUNCHEON KEYNOTE SPEAKER

Guy Cormier, Chair of the Board, President & CEO, Desjardins Group


2:15 PM
OVERVIEW OF QUEBEC CITY’S $3B PROPOSED DYNAMIC TRAMWAY NETWORK

Benoit Carrier, Project Manager, Bureau d’étude du projet de réseau structurant de transport en commun


2:45 PM
UNDERSTANDING THE REAL ESTATE NEEDS OF QUÉBEC CITY’S FAST RISING WORLD-CLASS HIGH TECH COMPANIES
  

To understand more about the uniqueness and strength of Québec City, this panel discussion will provide insights into the evolution of this market into a world leader in state-of-the-art research and technology.  Over 100 companies are active in these sectors and continue to expand. A panel discussion with leaders from these sectors will examine the unique real estate needs of businesses in these fields and the growing demand for space. Their workplace needs include most often facilities with a mixture of R&D, laboratory, warehouse and office space. As a result, build-to-suit solutions are commonly required to provide the innovative space that is so important to these firms. This session will provide a greater understanding of these needs.

Francis Lessard

Tom Godber

Martin Thériault

Fanny Truchon

Moderator:

Francis Lessard, President, Graph Synergie 

Panel:

Tom Godber, Principal, Avison Young Québec
Martin Thériault, President & CEO, Eddyfi
Fanny Truchon, President and Business Unit Manager, Creaform


3:35 PM
EXECUTIVE ROUNDTABLE: THE OUTLOOK FOR 2018 AND BEYOND: WHAT IS THE PREVAILING VIEW OF QUÉBEC CITY FROM INVESTORS AND DEVELOPERS ACROSS CANADA?

A closing discussion on key trends, opportunities and risks emerging in the Québec real estate investment and development market. The panel will feature heads of national real estate organizations active in Québec and locally based entrepreneurs. The questions that will be examined include: where are we in the real estate cycle and where is it heading over the short to medium term; what are the most significant challenges for investors and owners in Québec; how do you achieve growth in rental rates in this market; what impact has the volatility in Canadian and global economies have on the credit markets; how will cap rates and real estate values be affected over the next twelve months; what plans do you have with respect your existing Québec portfolio; and what will be your strategy for the remainder of 2018 and beyond.

Nathalie Roussin

Mathieu Arpin

Vincent Chiara

Gaëtan Cormier

Sylvain Cossette

Moderator:

Nathalie Roussin, President, Les Immeubles Roussin Ltd

Panel:

Mathieu Arpin, Director, Partnerships and Business Development, Real Estate Investments, Industrial Alliance Insurance and Financial Services Inc.
Vincent Chiara, President & CEO, Groupe Mach
Gaëtan Cormier, Senior Vice President, International Development, Réseau Sélection
Sylvain Cossette, President & CEO, Cominar REIT

 


4:30 PM
NETWORKING RECEPTION