May 18, 2021
The HEC Montréal teams turned in excellent performances at the 2021 real-estate development university competition, taking 1st and 3rd places in the event organized by the ImmoHEC committee in partnership with the Broccolini construction company.
The Astra project team, made up of preparatory year students Élise Prudhomme, Antoine Quentier, Raphaël Sauteur and Jules Trolet, came in 1st, after strongly impressing the jury with the quality of their research and knowledge for pre-university students. They received a $5,000 cash prize.
A team of Master’s students from various universities, including Yann Zaccour from HEC Montréal, took 2nd place.
In 3rd place was the Érudit project team, consisting of 3rd-year Bachelor's in Business Administration (BBA) students Vincent Bengoufa-Maltais, Charles-Étienne Carrier, Vincent Giguère and Noémie Montplaisir.
Competition participants had to come up with post-pandemic downtown real-estate development projects, representing profitable and innovative investment opportunities. They then presented their proposals to a jury of professionals from Broccolini, including Roger Plamondon, President of the Real-Estate Group.
The winning team proposed a mixed project in which the ground floor would house a checkout-free Amazon Go grocery store. The upper floors would be for shared workspaces, a student residence and condos.
All in all, 56 students in 14 teams took part in the competition. In addition to HEC Montréal, they represented the Université de Montréal, Polytechnique Montréal, ESG UQAM, McGill University and Université Laval.