Welcome to Canderel
Guiding building owners on the transformative journey towards achieving net-zero carbon emissions.
Welcome to Okkto, a revolutionary take on workplace hospitality that caters to the individualized priorities of today’s talent, creating a work environment for those that want to be their best and do their best.
Our team provides you with a full roster of commercial real estate services aimed at driving income and creating long-term value.
With nationwide experience across all real estate areas, we develop, build, market and manage some of Canada’s most exciting residential projects.
Building on our expertise in virtually all real estate projects and services, Canderel delivers superior results across the real estate life cycle.
We expanded our capabilities over 48 years, from property and asset management to ground-up development, construction, leasing, and sustainability—and we did so on a solid foundation of values: integrity, grit, forward and creative thinking, and relentless client service.
Adding to our unique perspective as owners and investors, our nationwide team focuses on innovation and value creation in all spheres of the real estate experience. Together, we deliver the future of real estate.
Driving income and creating value.
Designing and building some of Canada’s most exciting communities.
Maximizing return for all our investment partners.
iA Financial Group, one of Canada’s largest insurance and wealth groups, increased the focus on its core mission and investment activities by entrusting Canderel with the operational management, leasing and maintenance of its entire Quebec portfolio—4.5M sf of real estate assets across 16 properties in Montreal and Quebec, including heritage buildings.
Within the first year, Canderel:
Giant Tiger mandated Canderel to lead a new head office project on its 450,000 sf industrial grounds in Ottawa. Addressing the challenge of building on a site with limited available space, Canderel creatively reconfigured an existing facility and orchestrated the demolition of surrounding areas to accommodate the new office tower.
As Giant Tiger’s eyes and ears, we oversaw the entire design and construction process, assembling a team of architects and engineers, along with other specialty consultants. Following successful delivery, Canderel also took on the mandate of property management services for the new headquarters.
Wrapped floor to ceiling in glass, the four-storey office tower consists of two wings connected by an atrium. The new building offers 50,000 sf of usable space, a full-service cafeteria and a workout facility.
Vancouver’s Bentall Centre was facing above-average vacancy—13.3% compared to the Vancouver ‘A’ market’s average 10.2%—when Canderel stepped in as a third-party manager.
In a short three-year span, we leased and renewed over 700,000 sf at this premier office complex, bringing in 62 new leases and completing 100+ leasing transactions overall. The average net rent at Bentall Centre increased substantially, and vacancy dropped by 1.3%.
Community. Sustainability. Inclusion.
We’re invested in creating value while keeping true to our core values. Recently, several initiatives contributed to the realignment of Canderel’s ESG pillars relative to our guiding principles.
Looking to grow with Canada’s top real estate talent? Learn more about the culture, the people and the career opportunities at Canderel.
Regional offices from East to West
Quebec City | Montreal | Ottawa | Toronto | Edmonton | Calgary | Vancouver