What Devimco Immobilier does

Devimco Immobilier (legal entity: Groupe Devimco Inc.) is a Quebec-based, privately-held real estate developer founded in 1995 and headquartered in Brossard. The company specializes in transit-oriented, mixed-use real estate development across the Greater Montreal region, with operations encompassing residential condominium sales, rental apartments, commercial space leasing, office space development, in-house construction (via subsidiary Édyfic Construction), and property management services. Its portfolio includes 20+ named residential projects and large-scale master-planned communities, most notably Solar Uniquartier in Brossard (Quebec's largest mixed-use development at $1.3-1.5 billion, featuring 2,500+ residential units, retail, a 4-star Courtyard by Marriott hotel, and a Université de Montréal campus) and District Griffin in Griffintown, Montreal.

Name

Devimco Immobilier

Legal name

Groupe Devimco Inc.

Website

https://devimco.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

51–100 employees

Short description

Devimco Immobilier is a Quebec-based, privately-held real estate developer specializing in transit-oriented, mixed-use residential and commercial properties across the Greater Montreal region, with master-planned communities including Solar Uniquartier and District Griffin.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Lessors of Real Estate (5311), Real Estate Property Managers (53131)

SIC

Operative Builders (1531)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

akta.pro secondary industry

Residential General Contracting (New Build) (IMAFAAAB)

Keywords

• Mixed-use real estate development
• Residential condominium development
• Transit-oriented development
• Commercial property leasing
• Property management services

Headquarters

HQ city

Brossard

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Residential Property Sales: Sale of condominiums, penthouses, and residential units to individual buyers. The company sells approximately one-third of all new condos in downtown Montreal in record years.
2. Residential Rental: Rental apartments offered in modern fully-equipped units with exceptional common areas, combining condo luxury with rental accessibility.
3. Commercial Space Leasing: Leasing of commercial retail spaces within mixed-use developments to entrepreneurs and franchisors, creating high-traffic commercial zones.
4. Office Space Development: Development and leasing of office spaces near major transportation axes, accessible by public transit with nearby services and retail.
5. Construction Services: Through subsidiary Édyfic Construction, the company provides construction services for its development projects.
6. Property Management: Property management services for residential and commercial properties under the company's portfolio.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Devimco Immobilier develops, markets, and sells/rents residential and commercial real estate properties across the Greater Montreal region of Quebec, Canada. The core offering spans condominium developments, rental apartment complexes, and integrated mixed-use projects that combine residential units with ground-floor retail, restaurants, offices, and direct connections to public transit (Montreal Metro and REM). The company operates across the full real estate value chain including land acquisition, design (in-house architecture), construction (via Édyfic Construction subsidiary), sales, leasing, and ongoing property management through its Gestion Immobilière division.

Product overview

Devimco Immobilier is a Quebec-based real estate developer offering a comprehensive portfolio of residential and commercial real estate products. The company operates primarily through two product lines: residential offerings (both for purchase as condominiums and for rent as apartments) across Greater Montreal, and commercial/office spaces integrated within mixed-use developments. Key residential brands include condominiums (Maestria, Palma, Oria, Nobel, Wellington, Sir Charles, Auguste & Louis, MAA, Myral) and rental apartments (Maestria Appartements, Ostral, Lumeo, Nobel, Alexander, Éolia, Hexagone, St Ann). The company also develops large-scale mixed-use projects including Solar Uniquartier (the largest mixed-use project in Quebec with 2,500+ units) and District Griffin in Griffintown. Additional offerings include commercial spaces, office rentals, construction services through Edyfic Construction, and property management services. All projects emphasize mixed-use development, transit connectivity (TOD), and environmental sustainability.

Differentiator

Problem solved

Functional benefit

Brands

• District Griffin: Major mixed-use development project in Griffintown, Montreal featuring residential condos and commercial spaces across multiple phases.
• Solar Uniquartier

Products and services

• Solar Uniquartier The largest mixed-use real estate project in Quebec, located in Brossard. Features 2,500+ residential units, commercial spaces, parks, and direct REM transit connection to downtown Montreal.
• District Griffin Multi-phase residential development in Griffintown, Montreal featuring condos, commercial spaces, and common amenities across multiple phases (Sur l'Eau, Sur Peel, Sur le Parc).
• Maestria Condominiums Twin-tower condominium complex in the Quartier des spectacles with 51 and 53 floors, combining residential units with commercial spaces.
• Maestria Appartements Rental apartment complex in the Quartier des spectacles with commercial space on the ground floor featuring restaurants and services.
• Palma Condominiums Luxury condominiums at Solar Uniquartier with unique Palm Springs-inspired architecture, surrounded by three parks including a community garden.
• Alexander Appartements Luxury rental apartments in Shaughnessy Village, Montreal, with premium common areas and modern finishes.
• Éolia Appartements Rental apartments at Solar Uniquartier in Brossard, offering modern living with access to neighborhood amenities.
• Hexagone Appartements Rental apartments in Griffintown, Montreal, located near major transit routes and downtown amenities.
• Lumeo Appartements Nine-story rental complex at Solar Uniquartier with 248 apartments ranging from studios to penthouses, above commercial space.
• St Ann Appartements Rental apartments in Griffintown with balconies and terraces, offering urban living near parks and the Lachine Canal.
• Nobel Appartements Rental apartments at the entrance of Solar Uniquartier with REM connectivity, featuring Nordic-inspired Scandinavian design.
• Ostral Appartements Rental apartments above the Longueuil-Université-de-Sherbrooke Métro station, connected to the REM network.
• Auguste & Louis Condominiums Condominium development offering units from studios to penthouses in Greater Montreal area.
• MAA Condominiums Condominium project in the Greater Montreal area offering modern residential units.
• Myral Condominiums Condominium project in Greater Montreal offering contemporary living spaces.
• Nobel Condominiums 20-story iconic tower at the entrance of Rive-Sud with panoramic views of Montreal, featuring Nordic-inspired design.
• Oria Condominiums Luxury condominiums at Solar Uniquartier with 311 units ranging from studios to 3-bedroom units and penthouses, including townhouses.
• Sir Charles Condominiums Condominiums at the foot of Jacques-Cartier Bridge in new downtown Longueuil, near downtown Montreal and Jean-Drapeau Park.
• Wellington Condominiums Condominium project offering waterfront living near the Lachine Canal in Griffintown.
• ESTWEST Mixed-use development at Square Children's in downtown Montreal, featuring condos, apartments, and commercial spaces on the former Montreal Children's Hospital site.
• Commercial Spaces Retail and commercial spaces integrated within Devimco's mixed-use developments, including the ORBEAT gastronomy district at Solar Uniquartier, leased to entrepreneurs and franchisors.
• Office Spaces Business destinations along major road axes, easily accessible by public transit with nearby services and retail, for lease to office tenants.
• Édyfic Construction In-house construction division providing building services for Devimco's real estate development projects.
• Gestion Immobilière (Property Management) Property management services for residential and commercial properties within Devimco's developments.

Quantifiable outcome

• Sold one-third of all new condos in downtown Montreal in record years
• +3 more outcomes

Named customers9 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered major and core.

• Groupe GrandiomajorStrategic or Co-development PartnerRestaurant franchise operator establishing multiple dining establishments at Solar Uniquartier including Le Cochon Dingue and additional locations, creating the culinary ecosystem of the development.
• Université de MontréalmajorStrategic or Co-development Partner3,500 sqm campus opening at Solar Uniquartier in 2022, replacing the Longueuil campus and directly connected to the REM station, bringing educational services to the development.
• City of LongueuilcoreStrategic or Co-development PartnerSelected by the City of Longueuil to develop a $500 million Métro-related mixed-use project at Longueuil-Université-de-Sherbrooke station, a major transit-oriented development.

Scale indicators8 records

Recent moves9 records

Expansion highlights5 records

Regional players

• Tridel: Tridel is one of Canada's largest residential condo developers, based in the Greater Toronto Area. Comparable to Devimco in scale of condominium master-planning, but operating primarily in Ontario rather than Quebec.
• Menkes Developments: Menkes is a major Toronto-based developer of residential, commercial, and mixed-use projects. It is comparable to Devimco in mixed-use TOD execution but focused on the GTA rather than Greater Montreal.

Direct peers

• Carbonleo: Carbonleo is a Quebec-based developer of large-scale mixed-use and TOD projects (e.g., Royalmount, Maestria Phase II partner). It competes head-to-head with Devimco on transit-oriented master plans, mixed-use communities, and institutional capital partnerships in Greater Montreal.
• Cogir Immobilier: Cogir is one of Quebec's largest residential and rental property managers and developers, operating tens of thousands of units. It overlaps with Devimco's rental apartment segment (Maestria, Éolia, Ostral) and competes for the same renter base.
• Prével: Prével is a Quebec residential developer focused on mid- and high-rise condo and rental projects in Montreal. It is a direct competitor to Devimco in the urban residential for-sale and for-rent segments.
• Groupe Brivia: Groupe Brivia is a Quebec residential and mixed-use developer with major condo towers in Montreal (e.g., YUL, StanBrooke). It competes with Devimco for premium condo buyers and TOD sites in the same Greater Montreal submarkets.
• Broccolini Group: Broccolini is a major Montreal-based real estate developer active in industrial, residential, and mixed-use projects. It directly overlaps with Devimco on Greater Montreal condominium, rental, and commercial development.

Broad incumbents

• Cadillac Fairview: Cadillac Fairview is a large Canadian mixed-use and commercial real estate owner/developer with shopping and office portfolios. Comparable to Devimco's commercial leasing and mixed-use arms at a national scale, though not focused on Quebec condo development.
• Groupe Sélection: Groupe Sélection is a large Quebec developer/operator of retirement, residential, and hotel projects (e.g., Humaniti). It operates broadly in Quebec real estate, overlapping with Devimco's mixed-use residential footprint.

Others

• Fonds immobilier de solidarité FTQ: FTQ is Devimco's largest disclosed capital partner on Solar Uniquartier and is itself an active Quebec developer and co-investor. It is ecosystem-adjacent — sometimes a partner and sometimes a competitor on Quebec TOD opportunities.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Devimco

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Devimco Immobilier