IMMO2018 : A great success !

The IMMO event organized by CORPIQ was once again a great success. The fifth edition of this major real estate event was held not only in Montreal on March 21 but also for the first time in Quebec City on March 24. In total, no less than 500 participants attended one or the other of these symposia, which were both sold out.

The speakers invited to this event, organized this year under the theme Money and People, revealed unpublished data on the residential rental market in Quebec. Michelle Laurendeau, Senior Manager for the Quebec City Real Estate Group and a member of the FPI Boardwalk Executive Committee, served as Honorary President.

Mr. Pierre Gagnon, a former Administrative Judge at the Régie du logement who heard more than 100,000 cases during his 35-year career, came to testify of his vast experience in disputes between landlords and tenants. He also gave his thoughtful view on issues such as security deposits, lease assignments and the obligation to declare the previous rent, being in favour of a reform.

Quebec's current economic columnist and owner of rental properties, Chartered Professional Accountant Pierre-Yves McSween, appeared on stage in Montreal. He presented, with his unique style, his definition of freedom and the relationship between people and money.

The Caisse de dépôt et placement du Quebec was also represented in Montreal to explain its mega-project for the development of the Metropolitan Express Network, the REM, valued at $ 6.3 billion. In Quebec City, the massive public transit project, estimated at about $ 3.3 billion, was also mentioned.

In addition to networking and meeting with several exhibitors, participants were able to attend an Altus Group conference on performance trends for a variety of real estate investment alternatives. CORPIQ's Director of Public Affairs, Hans Brouillette, for his part, drew a detailed economic portrait of residential rental in the province. Finally, the Joli-Coeur Lacasse law firm tackled issues and case law in the face of the problem of the legalization of cannabis in the context of property management.

The Montreal edition of IMMO 2018 also offered a variety of workshops to choose from in the afternoon. The invited experts discussed some of the most current topics in real estate, including the progress of electronic payments as a means of paying rent, the implications and costs of the future mould contamination standard, and ways to find good tenants.