AREAS OF ACTIVITY

OFFICE BUILDINGS

In the past, the group has been involved in the development of several major office buildings in Montreal, as well as elsewhere in Québec and in Miami, Florida. Following the acquisition or its development, as the case may be, TGTA manages the buildings to ensure the success of each of these buildings by attracting quality tenants.

With this expertise in the office building sector, TGTA began developing new office projects in and around downtown Montreal in the 2020s, particularly along major public transportation routes such as the REM. These office components are often inserted into the heart of large-scale mixed-use projects, thus contributing to the animation of the entire project by complementing other uses such as residential, commercial, institutional and community.

RESIDENTIAL SECTOR

During the 1990s, TGTA acquired many assets that were in a precarious financial position or in need of significant turnaround. These included condominium projects that required complete restructuring or where construction had not been completed. All of these properties were resold at a profit over a period of 12 to 24 months.

During this same period, we acquired, held and managed seniors’ residences, which were then sold to a large group operating in this area.

Since the 2000s, TGTA has partnered with major residential builders and developers. The group has built or participated in the building of more than 7,500 housing units in the Greater Montreal area.

More recently, TGTA is pursuing the development of large-scale residential projects in partnership with major public transportation routes such as the metro or the REM, thus contributing to the creation of new living environments and a unique identity for each project.

TGTA’s role varies depending on the project, from simple investor to developer.

RESTORING BUILDINGS

For over 15 years, TGTA has been active in the transformation of old buildings that have become obsolete. After analyzing the characteristics of the building and the attributes of the environment in which it is located, TGTA finds a new vocation for it. This has contributed to an urban renaissance in emerging neighborhoods of Montreal with, for example, the transformation of a former textile factory into loft-style offices in the O Mile-ex project.

The company has also been active in the requalification of heritage buildings of great architectural value, such as the Castelnau residential project (Institute for the Deaf and Mute) and the former Grace Dart Hospital site.

Hospitality Industry

The Marriot Château Champlain hotel is one of the company’s prized possessions. When it was acquired in 1995, the 615 room hotel was in serious trouble. Three years later, renovations and significant repositioning enabled it to become both a profitable hotel and a market benchmark.

The Marriot Courtyard hotel on Sherbrooke street in Montreal was also subject to a successful and strategic turnaround.

In 2000, the group acquired a resort-style hotel complex in the Caribbean. The 4-star hotel had 690 rooms, 9 restaurants, 4 bars and a dance club. After supervising construction, the group ran the hotel for four years before selling it. In an extremely competitive setting, El Senador monopolized nearly 10% of the Canadian market. It was an enviable commercial success.

U.S. MARKET

Taking advantage of the American housing crisis, TGTA made its first Florida investments in 2008. With the help of our local partners, we were able to acquire, renovate and reposition a number of struggling buildings. The units were then able to be sold to individual buyers or, in the cases of office spaces, rented to high-quality tenants.

The first acquisitions were made in the residential sector. Due to the changing market, we then diversified our activities by purchasing office buildings.