Consolidating the Canadian Portfolio

During the mid-1990's, Jesta Group grew its Canadian portfolio with a single transaction purchase of 3,500 residential apartments, thus becoming one of the most important real estate owners in Quebec. This included 3,100 apartment units on Nuns' Island, a vast green space located just minutes from downtown Montreal. The successful management of more than 60 residential buildings, and 260 residential homes required the expertise of seasoned real estate specialists. Simultaneously, Jesta acquired a multi-million square foot Canadian office and industrial portfolio which it has successfully added tremendous value to with a team of more than 300 professionals and employees throughout Canada.

Taking advantage of its infrastructure and skill set, Jesta continued to build its Canadian portfolio while maintaining and expanding its U.S operations. The expertise acquired in North America was leveraged by Jesta Group, driving the success of its European residential/commercial investments.

Jesta counts among its Canadian real estate assets office buildings, commercial and industrial properties in the most sought-after areas in and around Montreal. Reputed companies like the PROVIGO grocery chain, the SOCIÉTÉ DES ALCOOLS DU QUÉBEC and the ROYAL BANK OF CANADA have chosen to rent space in shopping centers comprised in Jesta Group's Canadian portfolio and with whom Jesta’s continued relationships have impacted positively the overall tenancy and prestige of our properties.

Other buildings under Jesta's management in Montreal's international quarter house the administrative offices of the MONTREAL CONVENTION CENTER and several GOVERNMENT OF CANADA OFFICES. As well, Jesta Group is also proud of its role in developing one of the larger retail power centers situated in suburban Montreal that welcomes big box retailers including FUTURE SHOP, PIER 1 IMPORTS, BUREAU EN GROS, WINNERS, L'ÉQUIPEUR, REITMANS and PENNINGTON.