In the initial weeks, Colliers estimates that more than 25% of tenants have made immediate requests for some form of relief from their landlords and we expect that number to grow. This situation has placed an unprecedented amount of pressure on landlords, both financial and operational, as they scramble to process these requests and understand the impact these requests have on their building values, portfolios and obligations to lenders and shareholders.
Colliers has relationships with all major Canadian landlords at the highest level, the expertise to help you build your case, and the credibility to help ensure your proposal is taken seriously. And with boots on the ground in every city in Canada, we can deploy your solution rapidly.
This approach might include extending your lease term, providing more relief up front to help you weather the COVID pandemic, or altering existing terms to help present a case that makes it easier for the landlord to bump your request to the top of the list.
We will work with you to identify surplus holdings you may have and build a plan to recover costs through lease terminations or subleasing. If you own real estate, we can help you structure a sale and leaseback or dispose of excess non-strategic assets to improve your balance sheet.
Vice Chairman, Head of Strategy & Consulting Group
With more than 40 years of experience in the commercial real estate industry, including serving as CEO I Canada at Colliers International for 14 years, David assumed the role of Vice Chairman and Head of Strategy and Consulting I Canada on March 31, 2020. In this role, David integrates Colliers’ existing consulting practices into a national Real Estate Strategy & Consulting entity, building on operations to deliver the best real estate solutions for investors, institutions and corporate clients with significant real estate assets and portfolios.
David is highly regarded for his deep connections and innovative business perspective, providing strategy and guidance on best practices in corporate leadership, change management and innovation.
David holds a Bachelor of Commerce in Urban Land Economics from the University of British Columbia and is a member of REALPAC. Consisting of fewer than 100 members, REALPAC is the national industry association dedicated to advancing the vitality of Canada’s real estate sector.
President, Brokerage Services Canada
Scott Addison is the President of Brokerage Services at Colliers Canada, Canada’s leading commercial real estate services firm. Scott has been working in commercial real estate for more than 30 years and is passionate about industry leadership and maximizing potential for Colliers people and its clients. Since joining Colliers Management Team, Scott has gone on to create a distinct culture of leadership, collaboration and superior client service.
Appointed to the position of President of Brokerage Services in October 2015, Scott has been instrumental in driving both organic and strategic growth of the brokerage business in Canada. Scott oversees 28 offices across the country, motivating teams to accelerate success and be leaders in Canada's real estate services industry. Committed to providing value-enhancing strategies and solutions, Scott champions Colliers’ robust CRM platform and data solutions to deliver timely market intelligence to clients.
Executive Managing Director, Corporate Solutions | Occupier Services
Nick is an Executive Managing Director and Head of Corporate Solutions for Canada, partnering with Colliers advisors and service line leads in developing national and international client relationships as well as identifying new business opportunities across Colliers' platform of services.