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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 pm – 9:00 pm
Manège militaire Voltigeurs de Québec
805, Avenue Wilfrid-Laurier
*Tickets must be purchased for this event
André Boisclair, President & CEO, Urban Development Institute of Québec
André Fortin, President IMAFA & President of the Québec Regional CommitteeInstitut de développement urbain du Québec
François Pelchat, Partner, Vice President, Leasing & Marketing, Immostar
Even though the global economy is slowing down, the Québec City region continues to do well. In addition, international lingering uncertainties have the advantage of prolonging low-interest rates in North America. The economy of the Québec City CMA, already at full employment, seems able to stay on course for growth. Will the real estate market follow suit? What major industries are the main drivers of the local economy? Will they be able to fuel strong job creation in the current demographic context?
Hélène Bégin, Senior Economist, Desjardins
How much leasing and investment momentum did the Québec City market experience in 2019 and the first quarter of 2020? 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, Strategic Development, Altus Group
Alain Roy, General Manager, Québec, Altus Group
An insightful discussion with three senior executives representing private equity firms that are active in real estate on a North American or global basis. What are their perspectives about the Québec City market considering one of the organizations has made several acquisitions in the past two years in the industrial market and another has partnered with Ivanhoé Cambridge in an investment platform with $200M of committed capital focused on investing in development projects primarily in Montréal and Québec City? How does this market meet their investment criteria and compete against other alternatives?
Mark Sinnett, Executive Vice President, Capital Markets, JLL
Wayne Heuff, Executive Vice President & Managing Director, Claridge Real Estate Inc.
Blair McCreadie, Executive Vice President, Head of Canadian Real Estate & CORE Fund Manager, Fiera Real Estate
James Wilson, Managing Director, Investment Management, Realstar Management
Pomerleau’s story is, first and foremost, infused with entrepreneurial spirit and leadership. It is a story of growth and evolution, propelling a small company from the Beauce region near Québec City, to the cross Canadian entity it has now become. For 50 years, and with over two thousand projects, this family business has stayed true to its original values: respect, rigour, relationships, solutions and innovation. Pomerleau is today the #1 general contractor in Québec with a national presence and over $2B in annual construction sales.
Pierre Pomerleau, President & CEO, Pomerleau
A comprehensive examination of the Québec City office market with its inventory of almost 20 million sq.ft. The discussion will focus on a wide range of fundamentals and trends including: the still tight but rising vacancy rates, 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 is the outlook for investment activity for 2020?
François Bender, Partner, Bender & Associés
Vincent Côté, Leasing Manager, Cominar REIT
Max Francischiello, President, Services Immobiliers Asgaard
Jean Morency, President, Managing Director, Société de développement Eximm inc
Patrick Soucy, Senior Vice President, Colliers International
Jimmy Tremblay, Director, Coordination & Space Management, Société québécoise des infrastructures
This session will open with a brief overview of demand in the Québec City rental and senior housing markets. Discussion will then follow on major fundamentals and characteristics of conventional and senior’s multi-unit residential sector. What is the short and medium-term outlook for the performance of these markets? Where are vacancy rates and rent levels heading? How strong is investor interest? To what extent will the current record-level new development activity keep pace?
Emmanuel Paquette, Director – Market Data, Côté Mercier Conseil immobilier
François Audet, Founder, Groupe Patrimoine
Francis Charron, President, Batimo & Vice President, EMD Construction
Kevin Lachance, Partner & Vice President, Finance & Investment Immostar
Pierre Moffet, President, Douville,Moffet & Associés
This session will examine the key leasing, investment and development trends and issues as well as provide an outlook for retail activity in this market. How is the supply and demand balance, tenant interest, and consumer spending? Are retail owners in Québec City and Lévis considering new projects or upgrading their existing properties? Which new retailers are entering this market now or potentially in the future? What retail categories and tenants are performing well? Who is facing greater challenges? What impact is online shopping having on conventional stores and omnichannel retail? How will the retail market in Québec City likely perform overall in 2020 and beyond?
Sonia Gagnon, President, SGM Agence
Martin Boucher, President, Groupe Boucher (Sports Experts)
Janina Francescutti, Senior Vice President, Capital Markets, Colliers International
Donald Larose, General Manager- Laurier Québec, Place Ste-Foy et Édifice Price, Ivanhoé Cambridge
While it is not a significant sized asset class, the industrial market in Québec City and Lévis is on fire. Half of the space is
owner-occupied while the other half has record low vacancy rates and increasing rental rates. What is the profile of the various users of industrial space? What are the major trends responsible for these market conditions? How are the six High-Tech Parks performing? How much multi-tenant development activity is in this market due to land and construction costs? What are the opportunities and likelihood for ongoing growth? To what extent is the logistics sector having an impact? Why is this a property class that you should keep an eye on as an investor and a developer?
Philippe Lambert, Associate, CBRE Limited
Steven Bouffard, Leasing Manager - Office & Industrial, Cominar REIT
Mario Girard, President & CEO, Port of Québec
Jérôme Jolicoeur, General Manager, Groupe commercial AMT
Stéphane Poirier, President & Chief Executive Officer, Aéroport international Jean‑Lesage de Québec
Some insights into the construction of the 23 km. Québec City's tramway scheduled to be fully completed in 2026, connecting the east and west ends of the community. Projections are that 10,000 cars will be off the road and the tramway will also remove 150,000 tonnes of CO2 over 15 years.
Regis Labeaume, Mayor of Québec
What is the future of real estate in Quebec? What will be the next trends? How will the relationships between individuals and the spaces they occupy evolve? Will technological advances and artificial intelligence change our relationship to real estate? What about environmental issues, will they really affect the way we design real estate? This activity proposes to explore various subjects relating to the future of real estate while allowing participants to take part in the discussion in real time by answering questions on the various themes addressed.
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 his 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 2020 and beyond.
François Pelchat, Partner, Vice President, Leasing & Marketing, Immostar
Normand Bélanger, President & CEO, Fonds immobilier de solidarité FTQ
Vincent Chiara, President & CEO, Groupe Mach
Heather Kirk, Executive Vice President & CFO, Cominar REIT
Michel Leonard, President & CEO, FPI BTB, BTB REIT