Feds’ pledge to speed up office offload means they’re ‘not coming back’ downtown: broker

Downtown Ottawa L'Esplanade Laurier
L'Esplanade Laurier, shown in the background, is one of the Ottawa office properties on the federal government's disposal list.

The federal government’s pledge to invest $1.1 billion over the next 10 years to divest its office holdings more quickly is the final “nail in the coffin” for any hope the region’s largest employer will reclaim most of its pre-pandemic real estate footprint in downtown Ottawa, a prominent local commercial broker says.

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