Real Estate


While Canada offers a stable, low-risk environment for real estate development and investment, the sector continues to be influenced by a number of forces, including urbanization, demographic changes and technological advances. The successful execution of real estate transactions and investments requires the expertise of an experienced legal team with a keen understanding of those forces, one that anticipates potential issues and delivers integrated, innovative solutions.

Having played a principal role in several of the most transformational transactions in the Canadian real estate market, Osler’s Real Estate Group helps clients navigate even the most complex real estate transactions. With local expertise in every major Canadian market, our team advises on all aspects of real property including:

  • Acquisitions, dispositions and joint ventures, with particular expertise in portfolio transactions
  • Investments, with particular expertise advising pension fund investors
  • Development projects
  • Capital markets transactions, with particular expertise creating and advising REITs
  • Financing arrangements
  • Commercial leasing (retail, office and industrial)
  • Asset and risk management
  • Infrastructure projects

Described as having "a lot of depth in their bench” and as “amazing on service delivery" (Chambers Canada 2016), our real estate lawyers possess both technical savvy and practical knowledge, and have earned the unparalleled reputation of being successful negotiators and creative problem solvers. The long-term relationships we build with our clients are based on collegiality and trust, a deep understanding of our clients’ businesses and an in-depth knowledge of the complexities of the Canadian real estate sector. Our clients benefit from that knowledge, as well as Osler’s expertise in areas that intersect with the real estate industry, including capital markets, tax, alternative investment, corporate governance, construction, environmental, infrastructure and U.S. law.


Related Expertise

Rod Davidge

Partner, Real Estate
  • Dream Office REIT

    Dream Office REIT in its $322.5 million sale of 700 De La Gauchetière Street West to Allied Properties REIT

  • Excelsoins Knowlton

    Excelsoins in its acquisition of Knowlton House

  • GFL Environmental Inc.

    Investors led by BC Partners and Ontario Teachers' Pension Plan in the $5.125 billion recapitalization of GFL Environmental Inc.

  • Mile-End Investments Inc.

    Mile-End Investments Inc., an affiliate of Kevric Real Estate Corporation Inc., in connection with its sale of two office buildings to Bentall Kennedy and Sun Life Financial

  • Blackstone Property Partners

    Blackstone Property Partners in its acquisition of Pure Industrial Real Estate Trust for $3.8 billion


    Syndicate of agents co-led by TD Securities and Scotiabank in connection with the $200 million issue of series F senior unsecured debentures by CT REIT

  • Henvey Inlet Wind LP

    Henvey Inlet Wind LP in the $1 billion financing and construction of the Henvey Inlet Wind Farm

  • TC Energy

    TC Energy in the sale of its Ontario solar portfolio to Axium Infinity Solar LP for approximately $540 million

  • Regis Corporation

    Regis Corporation in connection with its sale and subsequent franchise of substantially all of its mall-based salons in Canada.

  • Andrew Peller Limited

    Andrew Peller Limited in its acquisition of three British Columbia Wineries

  • Dream Office REIT and DREAM Hard Assets Alternatives Trust

    Dream Office REIT and DREAM Hard Assets Alternatives Trust in connection with its sale of a portfolio of properties to Kingsett Capital

  • TPG Capital LP

    TPG Capital LP in its proposed acquisition of Transplace Inc.

  • SmartREIT

    SmartREIT and Strathallen Acquisitions Inc. in the acquisition of all of the assets and liabilities of OneREIT for $1.1 billion

  • Boardwalk REIT Quebec Inc.

    Boardwalk REIT Quebec Inc., in connection with an additional financing with respect to portfolio of apartment buildings by The Toronto Dominion Bank

  • KPMG Inc.

    KPMG Inc. in connection with the receivership of Half Moon Lake Resort Ltd. and Armac Investments Ltd.

  • National Tire Distributors Inc.

    National Tire Distributors Inc. in its acquisition of Pneus Supérieurs Inc.

  • Starbucks Coffee Corporation

    Starbucks Coffee Corporation in the closure of its Canadian Teavana stores

  • Veresen Inc.

    Veresen Inc. in the sale of its power generation business for $1.18 billion

  • Dream Office REIT

    Dream Office REIT in connection with its sale of properties to existing co-owners and Kingsett Capital

  • Target Canada Co.

    Target in connection with the wind-down of its Canadian operations under the Companies’ Creditors Arrangement Act

  • Chartwell Retirement Residences

    Chartwell Retirement Residences on its $254-million acquisition of five premier retirement residences in Ontario and certain joint venture structuring relating to the transaction

  • Dream Unlimited Corp.

    Ongoing transaction advice to Dream Unlimited Corp., one of Canada’s leading real estate companies with over $15.0 billion of assets under management in North America and Europe, and its entities including Dream Industrial REIT, Dream Office REIT, and Dream Alternatives.

  • Sabra Health Care REIT, Inc.

    Sabra Health Care REIT, Inc. in its $170.5 million acquisition of nine independent living seniors housing communities

  • SmartCentres REIT

    SmartCentres REIT in its $1.16 billion acquisition of the SmartCentres platform

  • SmartREIT

    SmartREIT (formerly Calloway Real Estate Investment Trust) and its affiliates its affiliates completed the acquisition of the SmartCentres platform from Mitchell Goldhar and SmartCentres as part of a $1.16 billion transaction, making SmartREIT a fully integrated real estate developer and operator

  • Find More


  • Chambers Canada: Canada’s Leading Lawyers for Business, 2016-2019: Real Estate (Nationwide-Canada).
    • "They have a lot of depth in their bench. A big firm with a lot of expertise."
    • "The lawyers at Osler stand out for their responsiveness, expertise, and ease to deal with, as well as their ownership of issues."
  • Chambers Canada: Canada’s Leading Lawyers for Business, 2016-2019: Real Estate (Ontario).
    • "They are good in all areas, and the quality advice that they have offered is very impressive."
    • "The lawyers are business-minded and attuned to risk."
  • Chambers Canada: Canada’s Leading Lawyers for Business, 2019: Real Estate (Alberta).
    • Sources point to Osler's growing presence in the Alberta market and [clients] are particularly impressed by its ability to advise on development and planning, continuing, "The service is very strong. We were looking for support on planning and development, and Osler was one of the only firms with that specific area of expertise."
  • Chambers Global: The World’s Leading Business Lawyers, 2015: Real Estate.


  • The Canadian Legal Lexpert Directory, 2015-2019: Recognized in Property Development (Toronto, Ontario)
  • The Canadian Legal Lexpert Directory, 2018-2019: Recognized in Property Leasing (Toronto, Ontario)

Legal 500

  • The Legal 500, 2015-2019: Real Estate.

Best Lawyers

  • The Best Lawyers in Canada, 2019: Real Estate.

Expert Guides

  • Expert Guides: The Legal Media Group Guides to the World’s Leading Lawyers, 2018: Osler lawyers recognized as leaders in Real Estate.

Our Group’s reputation has attracted a diverse roster of Canadian and international clients active in the following industries:
  • Real estate companies
  • REITs
  • Pension funds
  • Retailers
  • Manufacturers
  • Institutional lenders
  • Mortgage lending
  • Oil and gas
  • Seniors housing
  • Power (including electric and renewable)
  • Hospitality

Estoppel Express

Use our estoppel certificate production service to make your multi-tenant real estate transactions easier.

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The Legal Guide to Canadian Real Estate 2018

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