The global COVID-19 pandemic has and will continue to affect all aspects and sectors of the Canadian commercial real estate industry. Michael Witt and Robert Homersham, real estate lawyers from our Calgary office recently sat down to discuss the market impacts in commercial real estate during the current crisis, at a webinar attended by Alberta industry leaders.
We are pleased to be able to make available video and slides from the presentation , which cover the following topics (among others):
- Implications of the pandemic for commercial leases and sale transactions of commercial properties, including issues such as contractual frustration and force majeure;
- The municipal response, including approaches to processing development approvals, monitoring construction sites, holding public hearings and providing financial relief to taxpayers; and
- The possible effect on major infrastructure projects such as Calgary's Green Line and Event Centre.
