Share this page Print

Real Estate

171

Real Estate

Light

Left

Handles all City real estate transactions for sustainable land management

False

http://www.calgary.ca/CA/city-manager/PublishingImages/one-calgary/OurServices/HeroBanner/Real_Estate_Banner.jpg, https://spprd-authoring.calgary.ca:47443/CA/city-manager/PublishingImages/one-calgary/OurServices/HeroBanner/Real_Estate_Banner.jpg

False

Edit Hero/CTA

Real Estate

Handles all City real estate transactions for sustainable land management


Back to Our Services

Service description


​​
Real Estate negotiates and completes all City real estate transactions to maximize economic and social benefits of our real estate portfolio. We sell surplus real estate, buy property for capital infrastructure and community service projects and manage the administrative, leasing and funding activities. In short, we provide responsible and sustainable corporate-wide land management practices.

Download the full service plan​​​
​​
​​

Service performance


ID: 272

Title: Acquisitions per year

IconClassName:

Description:

Value: 50

DataTileLink:

LinkTarget: True

ShowOnline: True

SortOrder: 0

Edit data tile item
Acquisitions per year50

Edit data tile item
Infrastructure projects supported30

per year

Edit data tile item
Leasing revenue$10M

per year

Service cost


ID: 275

Title: 2019 Operating budget (net)

IconClassName:

Description:

Value: $3.1M

DataTileLink:

LinkTarget: True

ShowOnline: True

SortOrder: 0

Edit data tile item
2019 Operating budget (net)$3.1M

Edit data tile item
2019 Capital budget$25.4M

Edit data tile item
Cost as % of total land value acquired3%

What we heard


You’ve said that real estate transactions seem to take a long time and the process can be unclear and cumbersome. We’re working to fix this through continuous improvement strategies. Overall, we’ve got good feedback from internal customers, who believe we’re professional and have expertise in our field. We continue to work towards improving project communication and timeliness of transactions.
2018 Citizen Satisfaction Survey

View survey result​​​​​​​​
​​​

Council direction


 
Real estate enables support of several Council directives:
  • provide professional land management and real estate advisory services that protect The City’s assets, reduce liability, and ensure land is available for best corporate use
  • complete all corporate real estate transactions to maximize the economic and social benefits of The City's real estate portfolio. Surplus lands are identified and sold, which helps sustain the Revolving Fund, support further land acquisitions, support affordable housing and broaden the property tax base
  • acquire the land required to deliver programs for transportation network improvements, adoption of new transportation business models, and position Calgary to move into the future
Have feedback about this service?

Contact 311​​​​​​​​
​​​
​​​
​​​​​​​​​