Group Mach acquires the InterContinental Montreal Hotel
January 31, 2023
On January 31, 2023, Groupe Mach, through its affiliate, completed the acquisition of the InterContinental Montreal Hotel. This prestigious hotel will be added to the group's impressive holdings of over 240 properties.
Located near the Palais des congrès and nestled between Old Montreal and downtown, the InterContinental Hotel features 357 guest rooms, two gourmet restaurants and a business center with over 25,000 square feet of conference and event space. The 26-storey building offers a total of 325,000 sq. ft. and is attached to the World Trade Centre Montreal.
Group Mach is one of Canada's largest private property owners and developers. The company owns or manages nearly 40 million square feet of commercial, industrial or residential properties in Québec.
McCarthy Tetrault advised Groupe Mach with a team led by James Papadimitriou and Matthew Pekofsky that included Craig Shirreff, Nicholas Alevras (Real Property and Planning), David Paradis (Labour and Employment), Michel Ranger and Simon Douville (Tax).