Real Estate Portfolio and Space Requirements Real Property Services - - PowerPoint PPT Presentation
Presented by: Update on the Federal Governments Kevin Radford Assistant Deputy Minister Real Estate Portfolio and Space Requirements Real Property Services Public Services and in the National Capital Area Procurement Canada October 19,
Presented by: Kevin Radford Assistant Deputy Minister Real Property Services Public Services and Procurement Canada
October 19, 2016
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Public Services and Procurement Canada delivers…
Key services to federal
Real Property Services provides…
Affordable office accommodation Cost-effective Real Property services Stewardship for public works such as buildings, bridges and dams, and national treasures
Real Property Services demonstrates…
Pride in Service, Faith in People, Excellence in Delivery
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28% of the federal inventory Space for 257,000 public servants from 99 departments and agencies 79 million sq. ft. 46% leased 54% Crown-owned $4.7 billion+ annual spending $7 billion market value 3,000+ employees 15 LEED-certified buildings $450 million of payments in lieu of taxes
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Over 50% of portfolio is in the NCA Types of landlords that are attracted to Ottawa/Gatineau 142,000 employees Real estate investment, economic development & rental rates 89 crown-owned buildings 178 privately-owned buildings Largest lease holder of private office space in the NCA
~40% of Ottawa market ~90% of Gatineau market
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*Long-term leases are holdings of over 15 years *Short and medium-term holdings are leases of 15 years or less
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Agility Quality Affordability
At least 10 to 15% smaller overall 80% of portfolio
rapid-transit access 17% reduction in Greenhouse gasses
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Healthy and environmentally- friendly construction Energy Star ratings Smart building technology Greenhouse gas reduction Carbon neutral portfolio by 2030 Clear picture of our energy performance
Sustainable efficient building
Lease acquisitions primarily within 600 metres of rapid transit stations RFPs geospatially aligned with rapid transit and extended based on client requirements
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Publish online inventory of buildings with asbestos Implement Workplace 2.0 and 3.0 8.5:10 ratio of workstations to employees Update National Portfolio Plan Improve partnership with Shared Services Canada Update Building Condition Reports for most buildings Initiate building disposals (second wave)
Demand for leased assets that will permit efficiencies of modern workplace installations Waves of disposals creating opportunities for recapitalization, redevelopment and partnerships
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Modernize 5% of our space per year (Workplace 2.0) Re-purpose surplus Crown inventory, potentially as affordable housing Expand the “campus” concept by developing enterprise-wide Investment Plans Develop long-range planning strategies with clients
Market opportunities for new infrastructure projects Opportunities for private sector to support service delivery
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Implement a Service Management Model Implement a single-window for clients to enhance service delivery Develop integrated 5-year plan with all clients Define a sourcing strategy to be Real Property service provider of choice Develop an integrated Demand Management process
Diversity of real property market opportunities Better demand management and long-term planning Office space as a service
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