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Quebec  + Apartments  |  September 26, 2025
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By: Monte Stewart

DMA Buys Le Pivot Apartment Property in Quebec City for $150M: Reports

Douville Moffet and Associates has acquired the newly built Le Pivot apartment complex in Quebec City for approximately $150 million from Hectare, according to reports.

The 410-unit property is one of the largest recent multi-family transactions in the region, the reports state. Seller Hectare developed the property in four phases between 2019 and 2023.

DMA specializes in acquiring, managing and developing diverse commercial properties, including hotels, retail and office as well as multi-residential.

Pictured: Le Pivot apartment complex in Quebec City.

Photo: DMA

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HectareDMA

About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.
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