Groupe Medway

What Groupe Medway does

Groupe Medway is a privately held Quebec-based real estate developer specializing in healthcare-focused mixed-use properties. Founded in 2011 and headquartered in Lévis, the company develops and manages a portfolio of 28+ mixed-use buildings across three regions of Quebec (Capitale-Nationale, Chaudière-Appalaches, and Bas-Saint-Laurent), encompassing 850+ residential rental units and nearly one million square feet of commercial space. The company's distinctive positioning lies in the intentional co-location of healthcare, commercial, and residential tenants within its complexes, which it markets as enabling "harmonious cohabitation" between medical, commercial, and residential communities.

Medway operates three interconnected product lines: rental condominiums ("Condos locatifs") in cities including Lévis, Québec, Saint-Raphaël, Pont-Rouge, Rivière-du-Loup, and La Malbaie; commercial space leasing ("Espaces commerciaux") totaling nearly one million square feet; and administrative partnership services for Family Medicine Groups ("Services GMF") within Quebec's public healthcare network. The company currently serves as administrative partner for ten GMF groups representing over 225 family physicians and specialists, plus two specialized medicine clinics operating within its complexes.

The business model is built on three recurring revenue streams: residential rental income, commercial space leasing, and professional services revenue from GMF administrative partnerships. Pricing is quote-based and not publicly disclosed. Distribution is regional and direct, conducted through the corporate website (condosmedway.ca), phone inquiries, and email. The company has no disclosed institutional investors, parent entities, or public funding rounds, operating as an independent private real estate firm with a stated vision to build Canada's largest healthcare-focused real estate portfolio.

Name

Groupe Medway

Legal name

Groupe Medway

Website

https://med-way.ca

Company type

Private

Founded year

2011

Operating status

Operating

Short description

Groupe Medway is a Quebec-based real estate developer specializing in healthcare-focused mixed-use properties. It manages 28+ buildings with 850+ residential units and nearly 1 million sq ft of commercial space, and serves as administrative partner for 10 Family Medicine Groups (225+ physicians) in Quebec's public health network.

Ownership category

akta.pro rank

Product category

Healthcare Real Estate Development

SIC

Real Estate Agents & Managers (For Others) (6531), Services-Health Services (8000)

akta.pro primary industry

Healthcare & Medical Office Property Management (BPAJAGAF)

akta.pro secondary industries

Hospital Shared Services, GPOs & System Support Organizations (HLAFAAAO), Primary Care Networks, Groups & MSOs (HLAFAGAE)

Keywords

• Mixed-use real estate
• Healthcare property management
• Medical real estate development
• Residential rental properties
• Commercial space leasing

Headquarters

HQ city

Lévis

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Residential Rental Income: Rental revenue from 850+ residential rental units across 28+ mixed-use buildings in Quebec
2. Commercial Space Leasing: Rental revenue from nearly 1 million square feet of commercial space across portfolio
3. Administrative Services for GMF: Administrative partnership services for Groupes de Médecine de Famille (family medicine groups) within the public health network

Distribution channels2 records

Marketing channels2 records

Core offering

Groupe Medway is a Quebec-based real estate developer that builds and manages mixed-use healthcare-focused properties combining rental condominiums, commercial spaces, and medical clinic facilities. The company also acts as an administrative partner for Family Medicine Groups (GMF) and specialized medicine clinics within Quebec's public health network, supporting 225+ physicians. The portfolio comprises 28+ buildings, 850+ residential units, and nearly one million square feet of commercial space across the Capitale-Nationale, Chaudière-Appalaches, and Bas-Saint-Laurent regions.

Product overview

Groupe Medway operates as a real estate developer and property manager offering a diversified portfolio of rental properties across Quebec. The core offerings consist of three interconnected product lines: Condos locatifs (rental condominiums) providing residential units across multiple cities; Espaces commerciaux (commercial spaces) offering nearly one million square feet of retail and office space; and Services GMF (Family Medicine Group services) providing administrative partnership for healthcare providers. The company's distinctive mixed-use complexes combine residential, commercial, and healthcare tenants, enabling harmonious cohabitation between medical, commercial, and residential communities. The portfolio includes 28+ buildings with 850+ rental units primarily dedicated to healthcare in the Capitale-Nationale, Chaudière-Appalaches, and Bas-Saint-Laurent regions.

Differentiator

Problem solved

Functional benefit

Brands

• GMF Services: Administrative services for family medicine groups (GMF) in partnership with the public health network

Products and services

• Condos locatifs (Rental Condominiums)
• Espaces commerciaux (Commercial Rental Spaces)
• Services GMF (Family Medicine Group Administrative Services) Administrative partnership services for Family Medicine Groups (GMF) within the Quebec public healthcare network, providing management and operational support for medical practices. Currently supports 10 GMF groups representing more than 225 family doctors and specialist physicians.
• Cliniques de médecine spécialisée (Specialized Medicine Clinic Spaces) Specialized medical clinic spaces operated within Medway's mixed-use complexes. Currently hosting two specialized medicine clinics alongside the 10 GMF groups, with the company providing daily administrative activities support.

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• GMF Groups (Groupes de Médecine de Famille)coreStrategic or Co-development PartnerAdministrative partnership with 10 family medicine groups (GMF) in the Quebec public health network. Medway serves as administrative partner supporting over 225 family doctors and specialist physicians in their daily administrative activities. Represents the company's primary healthcare service offering.
• Specialized Medicine ClinicscoreStrategic or Co-development PartnerTwo specialized medicine clinics are established within Medway's complexes, trusting the company for their daily administrative activities alongside the GMF network.

Scale indicators7 records

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• Ventas: Diversified healthcare REIT with significant medical office building and outpatient healthcare exposure. Comparable as a healthcare real estate operator, though at institutional scale and in the US.
• Welltower: US-based healthcare REIT operating senior housing, outpatient medical, and post-acute care properties. Broadly comparable as a healthcare real estate specialist, though at significantly larger scale and in the US market.
• Colliers International: Global real estate services and investment firm with Canadian healthcare real estate advisory. Comparable as a commercial real estate operator with healthcare exposure, though primarily a services/investment firm rather than a property owner.
• Morguard: Canadian real estate company owning and managing a diversified portfolio of residential, office, retail, and healthcare properties. Comparable in operating multi-asset-class real estate in Canada including healthcare-adjacent properties.

Direct peers

• Extendicare: Canadian provider of long-term care, retirement living, and home health services with owned and operated facilities. Comparable to Medway in combining healthcare service delivery with real estate ownership in the Canadian public health system.
• BGIS: Canadian facility management and real estate services company serving healthcare, public sector, and commercial clients. Comparable to Medway's administrative services and property management line, particularly for healthcare facilities.
• NorthWest Healthcare Properties REIT: Canadian healthcare-focused real estate investment trust that owns and manages medical office buildings, clinics, and healthcare facilities. Directly comparable to Medway's healthcare-focused real estate model, though at a national, institutional scale.

Regional players

• Sienna Senior Living: Canadian seniors housing and long-term care provider with significant Ontario presence. Comparable in operating healthcare-adjacent residential real estate in Canada, with overlapping tenant profiles (older adults near care services).
• Chartwell Retirement Residences: Canadian operator of seniors housing and retirement residences, primarily in Quebec, Ontario, and Western Canada. Comparable in serving Canadian healthcare-adjacent residential demand, though focused on seniors rather than mixed-use primary care.
• Choice Properties REIT: Canadian REIT focused on retail, industrial, office, and mixed-use real estate. Comparable in operating diversified mixed-use real estate in Canada, though with a different tenant mix and no healthcare specialization.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/groupe-medway

Revenue estimate

Valuation estimate

Number of profiles

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 Medway