Government & Public Sector – Commercial Real Estate

As Canada enters its post-pandemic phase, governments may look at selling portions of their vast land and real estate holdings to help raise revenues. With about 89% of the country’s land owned by federal and provincial governments, there’s a significant chance of increased privatization and leasing opportunities.

Like any business with large holdings, governments need help managing their property portfolios. They must understand how to monetize the value of their assets, develop longer-term real estate plans, use their space more wisely and collaborate with other departments and agencies to best distribute their assets. Once these properties are sold, governments must also ensure any profits are properly channeled into the right place.

Osler’s team of legal professionals can help governments review their assets and develop a plan of action. Our deep understanding of industry trends, from urbanization to demographics to technology, can help governments make smart selling — and potentially buying — decisions.

With a need for revenues and sustained demand for real estate from the private sector, governments will be taking a closer look at the value of their property holdings. Work with a law firm that understands the nuances of this space and has experience working with both private and public sector operations. 

Recent experience

Calgary Municipal Land Corporation

Calgary Municipal Land Corporation in connection with the development of the $500 million BMO Convention Centre Expansion with the Calgary Stampede as well as the $333.3 million Credit Facility with the City to fund the City’s and the Province of Alberta’s 2/3’s contributions towards the project.

Learn more about our work with CMLC
Calgary Municipal Land Corporation

Calgary Municipal Land Corporation

Calgary Municipal Land Corporation (CMLC), in agreements with Calgary Sports and Entertainment Corporation and its affiliates (aka Flames), Calgary Exhibition and Stampede Ltd. (Calgary Stampede) and the City of Calgary for the construction and operation of the new Event Centre including NHL arena.

Learn more about our work with Calgary Municipal Land Corporation
Calgary Municipal Land Corporation
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