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Groupe HD to provide 1,200 homes in east Montreal to address shortage

Fondaction backs project as area's high-end apartment vacancy rate tops 24%
Groupe HD has its headquarters at 1751 Richardson in Montreal. (CoStar)
Groupe HD has its headquarters at 1751 Richardson in Montreal. (CoStar)

One of Montreal's busier real estate development firms is moving forward in the city’s east end in an ambitious bid to add about 1,200 homes as vacancy climbs in many newly built apartment projects.

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