La pandémie de COVID-19 a et continuera d'avoir une incidence sur tous les aspects et secteurs de l'immobilier commercial canadien. Michael Witt et Robert Homersham, avocats du groupe Immobilier de notre bureau de Calgary, ont exposé les répercussions de la crise actuelle sur l'immobilier commercial dans un webinaire auquel ont assisté des chefs de file du secteur en Alberta.
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The global COVID-19 pandemic has and will continue to affect all aspects and sectors of the Canadian commercial real estate industry. Our Real Estate Group has recently held two webinars that address these issues with particular attention to impacts on the Alberta market.
The Pandemic's Impact on Alberta's Commercial Real Estate Market
In the first, Michael Witt and Robert Homersham, real estate lawyers from our Calgary office sat down to discuss the market impacts in commercial real estate during the current crisis, at a webinar attended by Alberta industry leaders.
The video and slides from the first presentation 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.
Originally published 26 Mai 2020
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