What Groupe Dallaire does

Groupe Dallaire is a privately-held Quebec City-based real estate development and construction group founded in 1960 by Jules Dallaire and his two brothers. The company operates as a holding entity for a diversified real estate platform spanning three primary sectors: residential (multi-phase neighborhood developments such as Faubourg du Moulin with approximately 1,000 apartments across 6 complexes, Quartier des Pionniers, and Domaine Le Gendre), industrial and technology (Espace Innovation Chauveau industrial park), and commercial/office (Espace Bouvier with 150,000 sq ft across four buildings). Its core asset is a land bank exceeding 125 million square feet in the Quebec City metropolitan area, concentrated at strategic bridgehead locations on the south shore and along the Henri-IV highway corridor.

The company generates revenue through three principal streams: one-time land and property sales (residential lots, apartments, townhouses, industrial land parcels), recurring rental income from commercial, industrial, and office spaces, and professional construction services. Construction is vertically integrated through wholly-owned subsidiary Dalcon (general contractor for multi-residential, industrial, and commercial projects), jointly-controlled SMB Dallaire (new home construction joint venture), and wholly-owned Acier Orford (reinforcement steel fabrication and installation). Go-to-market is direct-to-consumer and direct-to-business via dedicated project websites, a corporate site, and targeted social/digital advertising.

Groupe Dallaire is a family-controlled enterprise with three generations of Dallaire leadership (Jules, 1960-2005; Michel, 2005-2020; Alain, 2020-present). In 1998, the company spun off its income-producing real estate into the publicly listed Cominar REIT, retaining the development pipeline and land holdings privately. An independent board of directors was established in 2013 to ensure governance continuity. The group also operates the philanthropic Fondation famille Jules-Dallaire, which holds approximately 165,000 sq ft across four buildings in Old Quebec. Geographic operations are confined to the Quebec City metropolitan area, with no international or cross-Canada footprint disclosed.

Name

Groupe Dallaire

Legal name

Groupe Dallaire inc.

Website

https://groupedallaire.ca

Company type

Private

Founded year

1960

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Groupe Dallaire is a Quebec City-based private real estate developer and landowner operating residential, industrial, and commercial projects across the Quebec metropolitan area through direct sales, rentals, and vertically integrated construction subsidiaries.

Ownership category

akta.pro rank

Headquarters

HQ city

Quebec

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Land Development and Sales: Developing and selling land parcels for residential and industrial use in the Quebec metropolitan area
2. Commercial and Industrial Real Estate Rental: Rental income from industrial spaces (Espace Innovation Chauveau, Groupe Dallaire headquarters), commercial buildings (Espace Bouvier with 150,000 pi²), and office spaces
3. Construction Services: General contracting services through subsidiary Dalcon for multi-residential, industrial and commercial construction in Quebec. New home construction through SMB Dallaire.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Groupe Dallaire is a privately held real estate development group based in Quebec City, Canada. It develops, constructs, and manages residential, commercial, and industrial real estate projects across the Quebec metropolitan area, holding more than 125 million square feet of land. The group operates through integrated subsidiaries covering construction (Dalcon), new home building (SMB Dallaire), and steel reinforcement (Acier Orford).

Product overview

Groupe Dallaire is a diversified real estate development company operating as a single unified platform across three main sectors: Residential, Industrial | Technology, and Commercial | Bureau. The Residential portfolio includes neighborhood developments such as Faubourg du Moulin (~1,000 apartments), Quartier des Pionniers (multi-phase intergenerational project), and Domaine Le Gendre (47 townhouses by SMB Dallaire). The Industrial | Technology sector features Espace d'Innovation Chauveau (industrial land and rental spaces) and the company's own headquarters. The Commercial | Bureau sector includes Espace Bouvier (150,000 sq ft of office and retail spaces). The company also operates subsidiary brands including Dalcon (general contractor), SMB Dallaire (new home construction), and Acier Orford (reinforcement steel contractor), along with the philanthropic Fondation famille Jules-Dallaire. Groupe Dallaire holds over 125 million square feet of land for development in the Quebec City metropolitan area.

Differentiator

Problem solved

Functional benefit

Products and services

• Faubourg du Moulin

Quantifiable outcome

• ~1000 apartments across 6 complexes at Faubourg du Moulin
• +2 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and minor.

• DalconcoreImplementation/ SI/ Consulting PartnerDalcon is a general contractor specializing in multi-residential, industrial and commercial construction in Quebec. Their team has solid expertise in new building construction, expansions, renovations and interior design. Dalcon operates as a subsidiary providing construction services for Groupe Dallaire projects.
• SMB DallairecoreImplementation/ SI/ Consulting PartnerSMB Dallaire is a joint venture between Construction SMB and Groupe Dallaire dedicated to new home construction. This entity combines complementary expertise to deliver residential construction projects, including the Les Suites Le Gendre project with 47 townhouses.
• Acier OrfordminorImplementation/ SI/ Consulting PartnerAcier Orford is a contractor specializing in the fabrication and installation of reinforcement steel and wire mesh. The company has completed several hundred projects across Quebec in both public and private sectors.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Devimco Immobilier: Quebec-based real estate developer focused on large-scale mixed-use and residential projects. Directly comparable on project typology (multi-phase residential neighborhoods and commercial integration) and Quebec market focus.
• Prével: Quebec-based developer of master-planned residential and mixed-use communities. Closely comparable on residential neighborhood development model and Quebec geographic focus.
• Carbonleo: Quebec-based developer of large-scale mixed-use projects including lifestyle centers and residential towers. Comparable on master-planned, multi-use community development and Quebec market presence.
• Cominar REIT: Quebec-based REIT spun off from Groupe Dallaire in 1998. Operates a portfolio of office, retail, and industrial properties in the same Quebec market, with shared historical DNA and overlapping tenant relationships.
• Groupe Brivia: Quebec-based real estate developer active in residential, commercial, and mixed-use projects in the Greater Quebec and Montreal regions. Comparable in scale, vertical scope, and Quebec-centric strategy.
• Groupe Broccolini: Quebec-based integrated construction and real estate developer. Closely comparable on vertical integration of construction and development services in Quebec, similar to Dalcon/SMB Dallaire/Acier Orford structure.

Broad incumbents

• Pomerleau: One of Canada's largest construction firms, headquartered in Quebec. Competes with Dalcon for general contracting work and overlaps on large-scale Quebec-based construction projects, but operates as a broader construction incumbent rather than a developer.
• Ivanhoé Cambridge: Global real estate investor and asset manager with significant Canadian assets including office, retail, residential, and logistics. Broad incumbent relevant for portfolio-level real estate competition and capital benchmarking.
• GWL Realty Advisors: Large Canadian real estate investment manager with residential, office, and industrial assets. Broad incumbent comparable to the rental/commercial side of Groupe Dallaire, with a national rather than Quebec-only footprint.
• Cadillac Fairview: Major Canadian real estate owner, operator, and developer of office, retail, and mixed-use properties. Broad incumbent with overlapping commercial real estate capabilities but a pan-Canadian and diversified mandate.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/Groupe_Dallaire
• Facebookfacebook.com/GroupeDallaireInc

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries4 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 Groupe Dallaire