About

The UDI: Proudly representing Quebec’s commercial real estate industry for over 30 years.

The Urban development institute of Quebec (UDI) is an independent non-profit, has acted as the voice of Quebec’s commercial real estate industry since 1987. The UDI partners with industry professionals, government authorities and other real estate sector stakeholders.

Our members are developers, managers, investors, lenders and professionals—within the real estate industry and neighbouring sectors—united by a common goal: to leverage urban intensification in shaping the cities of tomorrow.

 

The UDI pursues the five following objectives:

• Work to shape THRIVING CITIES while helping the industry grow and gain a competitive edge
• Advocate for the development of healthy, vibrant spaces where human activity, individual wellbeing, and the economic and social growth of communities can coexist
• Provide information and support for ongoing member training and improvement initiatives
• Act a a key intermediary between the industry, citizens, interested groups and public officials
• Create opportunities for dialogue and business interactions

 

Mission

Our mission is to help cities thrive by supporting sustainable, constructive real estate projects that will shape the urban landscapes of tomorrow. To that end, the UDI promotes debate and cooperation as a means to establish connections between the industry and its environments.

 

The commercial real estate industry in numbers

The commercial real estate sector contributes $15.1 billion annually to the province’s GDP, yields over $12 billion in economic benefits and supports approximately 115,000 jobs. It also generates $6.7 billion in tax revenue for different levels of government.

In the greater Montreal area, the industry created $9.8 billion in added value and supported nearly 93,000 jobs in 2016. The industry also produced $2.3 billion in real estate income, which is 56% of all such income for the greater Montreal area. It had a $1.6 billion impact in the Quebec City area—4% of the CMA’s GDP. Real estate creates over 15,000 jobs in the greater Quebec City area, and generates 53% of the $585 million in real estate taxes collected by the city. ¹

(1) Contribution économique de l’immobilier commercial au Québec (French), AVISEO Conseil, June 2017