La Caisse announces the conclusion of a strategic partnership with Canderel—a major private real estate company headquartered in Montréal—to take over the operational management of its Québec office properties while retaining ownership.
“In addition to supporting a fast-growing Québec real estate leader, this partnership will enable La Caisse to focus fully on its core profession as an investor and standardize its real estate business model,” said Annie Houle, Managing Director, Real Estate, Canada, at La Caisse.
Built on shared interests, this partnership aims to preserve the distinctive character of symbolic Quebec buildings owned by La Caisse, such as Place Ville Marie, Édifice Jacques-Parizeau and Édifice Price, and to ensure the continuity and quality of the services offered.
“It’s a great privilege for Canderel to be entrusted with the management of such iconic buildings. This mandate demonstrates La Caisse’s confidence in our expertise and our roots in Québec, and we are proud to contribute to the stewardship of this exceptional real estate heritage,” said Brett Miller, Chief Executive Officer at Canderel.
On December 1, 2025, all teams currently involved in La Caisse’s office building operations in Québec will join Canderel, ensuring a smooth transition that respects existing expertise.
About La Caisse
At La Caisse, formerly CDPQ, we have invested for 60 years with a dual mandate: generate optimal long term returns for our 48 depositors, who represent over 6 million Quebecers, and contribute to Québec’s economic development.
As a global investment group, we are active in the major financial markets, private equity, infrastructure, real estate and private credit. As at June 30, 2025, La Caisse’s net assets totalled CAD 496 billion. For more information, visit lacaisse.com or consult our LinkedIn or Instagram pages.
