Capital Property Development — Est. 1987

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Privately Owned · Canadian Real Estate · Since 1987

A Legacy of Open-Air Living & Smart Growth

Capital Property Development is a privately owned real estate investment and development company, headquartered in Montréal, Québec. For almost 40 years, we have owned, developed, and actively managed a portfolio of open-air lifestyle centres and mixed-use properties — now expanding into multi-family residential across Canada and the U.S.

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11

Hans Kau Founds Mobilia

5 Montréal · 5 Toronto · 1 Ottawa

3

Residential Delivered

Montréal — completed

6

Residential In Pipeline

5 Montréal · 1 Toronto

40+

Years of History

Founded in Montréal, QC

60 Years of Entrepreneurial Spirit

Born from a Teak Table. Built into a Legacy.

Hans Kau immigrated to Montréal with a vision: to build something of his own. That vision began with a single beautifully designed teak table — and from it, he built Mobilia into one of Canada’s most respected furniture retail brands, known for quality, value, and timeless design.

Our Journey

From One Table to Eleven Centres

1966

Hans Kau Founds Mobilia

Beginning with a single beautifully designed teak table, Hans Kau builds Mobilia into one of Canada’s most respected furniture retail brands — known for quality, value, and timeless design.

1987

CPD Is Born — Brossard, QC

Rather than lease space for Mobilia, Hans Kau creates the concept of owning the entire centre. Capital Property Development builds and opens its first open-air lifestyle centre in Brossard — Galeries Brossard, its founding property.

1990s

Montréal Expansion — 4 Centres

Building on Brossard’s success, CPD expands its open-air model across the Greater Montréal region, establishing a portfolio of four lifestyle centres anchored by proven tenants and national retailers.

2000s

National Expansion — Toronto & Ottawa

CPD’s proven model is brought to Ontario’s most dynamic markets — 5 centres in the Greater Toronto Area and 1 in Ottawa — establishing CPD as a national commercial real estate platform.

2008

Alexandra Kau Takes the Helm

Rather than lease space for Mobilia, Hans Kau creates the concept of owning the entire centre. Capital Property Development builds and opens its first open-air lifestyle centre in Brossard — Galeries Brossard, its founding property.

2021

Residential Division Launched

CPD enters the multi-family residential sector in Montréal, deploying the same hands-on ownership model that defined commercial success — beginning with two completed projects totalling close to 500 units.

Today

11 Centres + 7 Residential Projects + U.S. Expansion

With 11 operating commercial centres, 7 residential projects in the pipeline (Montréal & Toronto), and active investments in New Jersey, CPD is entering its most ambitious chapter — backed by 60 years of family enterprise.

Our Portfolio

Properties That Anchor Communities

Montréal Region — 5 Centres

Brossard · DDO · Laval · St-Hubert · Pointe-Claire

Brossard, QC

Galeries Brossard

8025 boul. Taschereau, Brossard

Dollard-des-Ormeaux, QC

Galeries Brunswick

61 boul. Brunswick, DDO

Laval, QC

Carrefour 440

4000 Auto. 440, Laval

St-Hubert, QC

Place Moïse Vincent

2995 boul. Moïse Vincent, St-Hubert
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Our Markets

Rooted in Three Cities. Expanding to a Fourth.

Québec · Home Market · Est. 1987

Montréal

Greater Montréal Area

CPD’s home market and the birthplace of its open-air model. Five commercial centres including the founding Brossard property, plus three completed and five planned residential projects.

Ontario · Expansion Portfolio

Toronto

Greater Toronto Area

Canada’s most active real estate market. CPD’s expansion into the most active and largest real estate market with five centres and a master plan of one residential…, with strong residential expansion now underway leveraging existing GTA relationships.

Ontario · Capital Stability

Ottawa

National Capital Region

A government-backed economy with one of Canada’s lowest vacancy rates and most consistent demand profiles. CPD’s Ottawa centre benefits from a stable, consumer base.

Why Partner with CPD

Conviction Built Over
Half a Century

01

11 Centres + 7 Residential Projects + U.S. Expansion

CPD has owned and directly managed every commercial property in its portfolio for over 40 years. Long-term ownership is not a strategy — it’s a value.

02

Rooted in Retail — Informed by Retail

CPD’s founding is inseparable from Mobilia — giving us unmatched insight into what makes retail thrive. We don’t just manage centres; we understand tenants from the inside.

03

Commercial Stability + Residential Growth

11 operating income-producing centres underwrite CPD’s move into residential development — a dual-sector model that provides investors both stability and upside in a single trusted platform. CPD develops in partnership with family offices, best in class and other well established developers.

04

Rigour at the Helm

Alexandra Kau’s background as an M&A partner at Torys LLP means every deal is structured with institutional-grade precision — protecting partners and ensuring transactional integrity at every stage.

05

Relationships Built to Last Generations

CPD doesn’t just build properties. CPD builds relationships — with our tenants, our partners and our communities – that last generations.

Our Partners

Crafting Exceptionalism Through
Collaboration and Creativity

CPD’s strength is amplified by the institutions and partners who share our commitment to long-term value, institutional-grade discipline, and building lasting legacies across every community we serve.

Latest News

Stories from Our Portfolio

Longueuil Gets $200M Boost with 525-Unit Rental Project

LONGUEUIL, QC – December 19, 2025 – A consortium of prominent real estate firms has announced a $200 million investment to construct a 525-unit purpose-built rental project in Vieux-Longueuil, a significant

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GROUPE HD DÉVOILE UN PROJET RÉSIDENTIEL EMBLÉMATIQUE AU CENTRE-VILLE DE MONTRÉAL SUR LE SITE DE L’ANCIEN YWCA

MONTRÉAL, le 24 avril 2026 /CNW/ – Groupe HD annonce le développement d’un nouveau projet résidentiel d’envergure au cœur du centre-ville de Montréal, au 1355, boulevard René-Lévesque Ouest, sur le

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Official Launch of the Verdora Project in Vaudreuil-Dorion

MONTREAL, May 15, 2024 /CNW/ – Yesterday marked the official launch of the Verdora residential project, located on Harwood Boulevard in Vaudreuil-Dorion. The groundbreaking ceremony took place in the presence

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For Qualified Investors

A Half-Century of Trust. An Open Invitation.

Whether you’re a family office, institutional fund, or private investor, we invite you to explore what a partnership with Capital Property Development looks like. Our investor relations team is available for a confidential conversation.
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Galeries Brossard

8025 boul. Taschereau, Brossard

Galeries Brunswick

61 boul. Brunswick, DDO

Carrefour 440

4000 Auto. 440, Laval

Place Moïse Vincent

2995 boul. Moïse Vincent, St-Hubert