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MACH: 25 Years of Passion, Vision, and Innovation

MACH: 25 Years of Passion, Vision, and Innovation

May 26, 2025 marks the 25th anniversary of MACH!

Real estate has always been more than just a business for Vincent Chiara, it's a passion that began in the 1980s, alongside his legal career. This passion became the driving force behind MACH, which he founded in 2000 with the ambition to transform the industry. Twenty-five years later, MACH has become one of Canada's leading real estate firms, known for its innovation, human values, and a shared mission: to build a sustainable and inclusive future.

A Human-Centered Culture in Every Project

At MACH, every acquisition and project are an opportunity to strengthen a company culture based on collaboration. All departments work together to ensure operational success. "Working at MACH means being part of a team that grows together. We invest in the personal and professional development of our employees because their success is our success," says Vincent Chiara.

The company strives to build lasting relationships with collaborators, partners, and communities, where personal ambitions and the company’s objectives align.

The Early Steps: Building the Future from the Start

In 2000, Vincent Chiara founded MACH with one dream: to transform real estate. After a modest start in his law office, the company took off with the acquisition of Place Victoria in 2004, a pivotal moment in its development: MACH was now playing with the big players. That same year, the company created its real estate division, Asgaard, further strengthening its expertise and presence in the industry. Asgaard allowed MACH to develop solid partnerships with tenants and solidify its position in the market.

Growth and Expansion: MACH’s Impact on the Market

Over the years, MACH has developed strong foundations to support its growth. The operations department expanded and became a key pillar of the business. Sustainability increasingly became a central focus of its activities.

The acquisition of the Sun Life building in 2014 and MACH's entry into the shopping center sector with Carrefour de l'Estrie in 2019 marked significant milestones. In 2019, MACH launched MACH Capital, a branch dedicated to managing financial investments and exploring new opportunities beyond real estate.

Resilience and Agility During the COVID-19 Pandemic

The COVID-19 crisis tested MACH’s resilience. All departments showed agility to navigate an uncertain environment, adapt spaces and work methods to new realities, and support tenants in difficulty. Every day brought its challenges, but thanks to a flexible and united team, MACH was able to weather this difficult period, reinforcing its position for the future.

A Model of Innovation and Sustainability

Innovation and sustainability are at the heart of MACH’s DNA. In 2018, the company won three Innova awards for its innovative projects. It continued to push boundaries by entering the Toronto market in 2020 and winning eight design awards in 2021. In 2022, MACH completed a historic transaction with the acquisition of Cominar, consolidating its portfolio with 42 properties and 9 million square feet.

In 2023, MACH continued its growth with the strategic acquisition of the InterContinental Montreal, a landmark hotel with 357 rooms, as well as two office towers in Halifax and Dartmouth, marking its entry into the Atlantic Canadian market.

The Future: Transforming Real Estate Responsibly

Today, MACH employs 500 people and owns 250 properties representing 45 million square feet. The company continues to invest in sustainable projects, such as Quartier des Lumières and the Langelier major project, while maintaining a strong commitment to sustainability and an inclusive, collaborative internal culture.

"We don’t just build buildings, we create sustainable living spaces where people are at the heart of every project," concludes Vincent Chiara.

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