Welcome to Truly Invested.

Welcome to Canderel

Canderel Commercial

Our team provides you with a full roster of commercial real estate services aimed at driving income and creating long-term value.

Canderel Residential 

With nationwide experience across all real estate areas, we develop, build, market and manage some of Canada’s most exciting residential projects.

Canderel Investment

We align expertise in all real estate disciplines to drive innovation and create value for our investment partners.

Creating the future of real estate 

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 47 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.

“Being one of Canada’s top real estate developers and managers comes with an unwavering commitment to each and every project and partner. It comes with always-on service, creative thinking, and smart strategizing. But most of all, leading the charge is about being one step ahead of it. And being truly invested all the way there.”

Brett Miller

CEO, Canderel

The experience to deliver

Fully invested in establishing the right course of action, our 650+ professionals combine the skills and know-how required to bring the real estate landscape into focus. 

47 years 

of operation 

7

corporate offices nationwide 

80M sf 

of owned, managed and development properties over the years 

$20B+ 

in acquisitions, development
and management projects 

Our comprehensive real estate services 

With industry leading expertise across commercial, residential and investment partnerships, Canderel delivers excellence, creative thinking and higher value in all real estate segments.

Driving income and creating value.

Designing and building some of Canada’s most exciting communities.

Maximizing return for all our investment partners.

Driving income and creating value.

Artificial Intelligence

Designing and building some of Canada’s most exciting communities.

Learn more
Artificial Intelligence

Maximizing return for all our investment partners.

Meet our clients

Invested in service

Property Management
Case studies

iA Financial Group

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:

  • Decreased operating costs by 14% compared to budget
  • Leased over 466,106 sf (+10% of the overall 4.5M sf portfolio)
  • Designed and built out three Pronto Suites
  • Launched new tenant engagement activities with a focus on health and wellness
Project Management and Construction
Case study

Giant Tiger

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.

Leasing
Case study

Bentall Centre

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.

In 2023, we’ll be refining our ESG priorities with an inaugural Materiality report.

News

We’re expanding property management to residential buildings

With investments in Wilkar and TSE, Canderel becomes a key player in the Canadian residential property management business.

2021 ESG Report

Learn more about our efforts to support the evolving needs of the communities in which we operate.
Canderel-led investor group to acquire cominar in all-cash transaction

Canderel-led investor group to acquire cominar in all-cash transaction

Cominar board unanimously recommends approval of sale to Québec-led consortium.
Invested in people 

Career opportunities

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

Get in touch

Learn how you can benefit from Canderel’s comprehensive real estate experience.