
Ottawa office market experts left in the dark over feds’ return-to-work needs
Global News
Ottawa real estate watchers are calling on the federal government to be more clear about its workspace needs as public servants prepare to spend more time in the office.
Ottawa real estate watchers are calling on the federal government to be more clear about its workspace needs as public servants prepare to spend more time in the office.
Landlords and office brokers want to know whether the federal government is going to need more space to accommodate ramped-up return-to-office plans after years of stated plans to consolidate its office footprint.
“To speak very frankly, if there’s a plan, no one knows what it is,” said Shawn Hamilton, principal at Proveras Commercial Realty.
The federal government made a splash in the downtown Ottawa office market last month with the purchase of a 14-storey building at 131 Queen St., two blocks south of Parliament Hill.
Morguard Corp., the seller, pegged the value of the transaction at $148.2 million in a press release. The deal is expected to close at the end of August.
The property in question has been home to House of Commons staff since it was built two decades ago, but a spokeswoman for Public Services and Procurement Canada — steward of the federal office portfolio — said the acquisition was about “prudent financial management.”
“By transitioning from tenant to owner, PSPC is expected to realize long-term savings for the Crown,” department spokeswoman Michèle LaRose said in an email to The Canadian Press.
Treasury Board officials announced last month that executives in the public service will be required to attend the office full-time starting in May, and the rest of the public service must be in the office at least four days a week starting in July.













