Fonds immobilier de solidarité FTQ

Acted for Fonds immobilier de solidarité FTQ with the acquisition of Groupe Sélection’s entire interest in the historic site District des Brasseurs (former Molson Brewery), and the subsequent sale of a portion of such interest to Montoni, making FTQ and Montoni equal owners of the property.

Ivanhoé Cambridge Inc.

Acted for Ivanhoe Cambridge Inc. in (i) its sale of an undivided 50% interest in the Place Laurier Québec (comprising of the shopping centre, Édifice Champlain and Tour Frontenac) located in Québec City to Douville, Moffet & Associés and (ii) the creation of a strategic partnership with Douville, Moffet & Associés to each take part in the accelerated redevelopment and the densification of such site. Place Laurier Québec has the highest municipally assessed value in Québec City.

Cominar REIT

Acted for Cominar REIT, one of Canada's largest diversified real estate investment trusts and the largest commercial property owner in Québec, in its C$5.7-billion sale to Iris Acquisition II LP, which is an entity created by a consortium led by Canderel Real Estate Property Inc., one of Canada's largest privately held real estate companies.

Habitations Trigone Inc.

Acted for Habitations Trigone Inc. in the sale of its partners' two-thirds ownership and Trigone's sale of its one-third interest in a 30-property apartment portfolio in Montréal to Centurion Apartment REIT. This sale represents the largest single multi-family transaction to date in Québec. 

Montoni Group

Acted for Montoni Group in its acquisition from and leaseback to Grass Valley Canada Partner ULC, as well as its partnership with Nicola Value Add Real Estate Limited Partnership and financing of an industrial property located at 3499 Douglas-B.Floreani Street, Montréal.

Minto Apartment REIT

Acted for Minto Apartment REIT in the purchase of a 20-storey, 261-multi-residential units, apartment building located in downtown Montréal, as well as the property financing. The centrally located property is near the Université de Montréal, McGill University, three major hospitals and the Côte-des-Neiges metro station. Le Hill-Park is also close to the Minto Apartment REIT's existing Rockhill, Haddon Hall and Le 4300 properties.

Brivia Group Inc.

Acted for Brivia Group Inc. in its acquisition from RioCan and Harden Group, as well as its partnership for financing and its development, of the LaSalle Carnival Centre, a 646,000 sq, ft. (60,000 sq. m.) land located in the borough of LaSalle, Montréal. Brivia Group has announced its intention to redevelop the land into a mixed-use, multi-phase transit-oriented real estate project.

First Capital Realty Inc.

Acted for First Capital Realty Inc. in the acquisition and sale of its shopping centres in the province of Québec, including the sale of its entire Québec City portfolio to Trudel Alliance for approximately $165 million. The portfolio comprises seven shopping centres with 28 buildings in the Québec City area, including Carrefour Soumande, Galeries Charlesbourg, Place Seigneuriale, Place des Quatre-Bourgeois, Place Naviles, Carrefour St-David and Les Promenades de Lévis. It also includes megacentres, shopping malls and shopping centres. 

Minto Apartment Real Estate Investment Trust

Acted for Minto Apartment Real Estate Investment Trust in the $281.1-million acquisition and the financing of Le 4300 and Haddon Hall, two high-end multi-residential properties comprising a total of 528 suites located in the attractive neighbourhoods of Westmount and Ville-Marie in downtown Montréal, Québec.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in the establishment of a $400-million unsecured credit facility and a $300-million secured credit facility with a syndicate of lenders co-led by National Bank Financial and BMO Capital Markets.

Spear Street Capital, LLC

Acted for Spear Street Capital, LLC, in the acquisition of one of the most significant tech hubs in Montréal, the recently redeveloped O Mile-Ex complex located at 6650-6666 Saint-Urbain Street, Montréal.

Aldo Group Inc.

Acted for Aldo Group Inc. in the sale to Sotramont Inc. of its interest in an industrial site located on Hodge Street in Ville Saint-Laurent, Québec, and the redevelopment, in a joint venture, of a substantial mixed-use commercial/residential project on the property.

Cominar Real Estate Investment Trust

Acted for Cominar REIT in the sale of non-core property assets to Slate Acquisitions Inc. for $1.14 billion.

Toromont Industries Ltd.

Acted for Toromont Industries Ltd. in its acquisition of Hewitt Equipment in a $1-billion transaction that expands Toromont's Caterpillar dealership into Québec, Western Labrador and the Maritimes, and strengthens its expertise in the mining, construction, power systems and forestry sectors.

Blue Property Holdings L.P.

Acted for The Cadillac Fairview Corporation Limited with respect to the establishment of a joint venture by a consortium comprising The Cadillac Fairview Corporation Limited, Canderel and Club de hockey Canadien. Davies is representing the joint venture in the development of Tour des Canadiens 3, a new 55-storey residential condominium building to be located across from the Bell Centre in the heart of downtown Montréal, and in the establishment of its co-ownership with Tour des Canadiens 2.

Les Propriétés Atwater Inc.

Acted for Les Propriétés Atwater Inc. in its joint venture with Société Immobilière Bourgie Inc. for the acquisition of a multi-residential building in Montréal.

Redbourne Realty Fund IV

Acted for Redbourne Realty Fund IV in connection with the formation of a $75-million private equity real estate fund.

Anglo Canadian Investments, L.P.

Acted for Anglo Canadian Investments, L.P., in connection with the sale of the iconic Birks building located in downtown Montréal.

Redbourne Redvest Properties Inc.

Acted for Redbourne Redvest Properties Inc. and Redbourne Redvest Properties Limited Partnership in connection with its sale of four properties in downtown Montréal to Allied Properties Real Estate Investment Trust.

Resolute Forest Products Inc.

Acted for Resolute Forest Products Inc. in connection with the sale of the Laurentide paper mill to Société de développement de Shawinigan Inc.

Kimco Realty Corporation

Acted for Kimco Realty Corporation in connection with the sale of its interests in 22 shopping centres to RioCan Real Estate Investment Trust for a purchase price of $715 million.

Knight Therapeutics inc.

Acted for Knight Therapeutics Inc. in connection with its $87-million bought deal of common shares and the exercise of the over-allotment option to purchase an additional $13-million worth of common shares.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with the acquisition of Centre Rockland from Ivanhoé Cambridge for $271,685,000. Davies also represented Cominar in financing the acquisition by way of an unsecured bridge facility of up to $275 million.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with the $1.527-billion acquisition of a portfolio of 11 shopping centres, three office properties and one industrial property from Ivanhoé Cambridge, the real estate subsidiary of the Caisse de dépôt et placement du Québec. The firm also represented Cominar in financing the acquisition, through the issuance of $250 million of trust units to Ivanhoé Cambridge by way of private placement, the issuance of $250 million of trust units to the public by way of a bought deal, the establishment of new unsecured bridge facilities of up to $850 million, a $100-million unsecured credit facility, and mortgage financings of $250 million.

The Cadillac Fairview Corporation Limited and Ivanhoé Cambridge (CFIC Pointe-Claire L.P.)

Acted for The Cadillac Fairview Corporation Limited and Ivanhoé Cambridge in connection with their joint venture for the acquisition of a 58-acre real estate property in the City of Pointe-Claire, Québec.

OpenForumOuvert Communications, Journées stratégiques sur les baux commerciaux, “Les baux industriels : stratégies de location à court, moyen et long terme”; Montréal, QC

May 15, 2023

Co-Chair, OpenForumOuvert Communications, Journées stratégiques sur les baux commerciaux; Montréal, QC

May 15, 2023

« Deux ans de pandémie : quels lendemains pour l’immobilier commercial? », co-author

May 19, 2022 - Premières en affaires, Spring 2022, p. 42-43
Download this article (in French).

Strategic Days on Commercial Leasing, “Le redéveloppement et le repositionnement d’une propriété par un bailleur: impacts d’affaires et juridiques sur le locataire”; Montréal, QC

May 10, 2022

Moderator, Urban Development Institute of Québec, Young Ambassadors Network, “Emerging Proptech Shaping the Future of Canadian Real Estateˮ; Webinar

May 27, 2021

Moderator, Urban Development Institute of Québec, Young Ambassadors Network, ‘‘Perspectives du marché du bureau’’; Webinar

Nov. 25, 2020

Changes to the Divided Co-ownership Regime in Québec: Impact on Real Estate Developments

Dec. 19, 2019 - The Québec National Assembly has adopted Bill 16 (Act¹), which amends various provisions of the Civil Code of Québec relating to divided co-ownership and adopts measures to protect deposits paid by buyers of a unit. This Act, which was assented to on December 11, 2019, will...

Increase of Transfer Duties in Montréal

Dec. 17, 2019 - The City of Montréal has adopted a bylaw that will increase the transfer duties payable in Montréal for transactions exceeding $2 million, starting on January 1, 2020. The City is adding a new bracket for the basis of imposition for transfers of immovables exceeding $2 million and has set the...