An Alliance Is Born Between Sotramont Construction and Cogir Construction

21 June 2023

We are pleased to announce today the creation of a strategic alliance between Sotramont construction and Cogir Construction.

With the merger of both teams, their expertise, their projects and their business relationships, we are creating a leading player in the province of Québec’s construction industry.

Raymond Paré will become president and partner for the Sotramont — Cogir Construction Division, thereby merging the operations of both entities. Together with Marc-André Roy, he will remain active in the development activities of Sotramont Canada Inc.

Ianick Charbonneau, VP finance and operations, will retain his non-construction duties within Cogir’s real estate development division. He will report directly to Mathieu Duguay, Cogir Real Estate’s CEO and chief investment officer. Marc Doré, previously president of Cogir Real Estate’s construction and real estate development division will now be the chief strategic initiative officer and will report directly to Mathieu Duguay.

“I am quite proud of this alliance and I have great confidence that it will bolster our construction and development activities. Raymond is a renowned business partner and a long-time friend. He will help to shape our division to face the long-term challenges by integrating the best practices within both organizations,” stated Mathieu Duguay.

“We are delighted to see our teams come together and work hand in hand on our current and upcoming projects. Our alliance is but the natural evolution of the cooperation that exists between both organizations. No short-term change will affect either organization other than working as a team to shape the future under a common vision, for the benefit of both groups. We will strive to enhance cooperation and share best practices to create a more efficient team to dominate our markets. This alliance will increase the growth opportunities for all our teams and partners. We will therefore become one of the major builders with the ability to initiate projects within a challenging market that has experienced a nearly 50% drop in construction starts over the last eight (8) months,” added Raymond Paré.

About Cogir Real Estate

Incorporated in 1995, Cogir Real Estate employs close to 8,500 people who are passionate about real estate. With our constant desire to give purpose to real estate, we strive to maintain a human focus, to create and to excel in our quest to design living environments that are pleasant, functional and a reflection of their occupants. Our team manages over 365 properties throughout Canada and the United States. We oversee 5 million square feet of commercial property and 43,000 housing units, including more than 120 privately owned seniors’ residences. The Cogir Foundation supports projects and causes involving four major domains, namely youth, seniors, cultural diversity and the environment.

About Sotramont

A cutting-edge real estate developer and builder, Sotramont is celebrating over 50 years of innovation. Incorporated in 1968, the company has created over 5,000 housing units, thereby earning a great reputation for the quality of its construction. Its Arbora project in Griffintown is the world’s largest cross-laminated-timber building (CLT), a testimony to the company’s willingness to push the envelope. The Sotramont brand is known for its commitment to the environment and community involvement, providing sustainable value to its investors and clients. Ever at the industry’s leading edge, Sotramont redefines standards by blending innovation, construction quality and environmental friendliness.