Strategic Real Estate

Victoria’s commercial portfolio is a mix of storefront retail, restaurants, office and bare land holdings. City-owned land — including the City’s commercial properties — are managed by the Strategic Real Estate department.

Revenue generated through the leasing and licensing of commercial space is used to further City priorities such as arts and culture, active transportation, parks and open spaces, affordable housing and revenue generation.

The City may, in certain circumstances, provide charitable donation receipts in exchange for land that is donated for use as parks, natural areas or other purposes.

Contact Us

If you are interested in leasing the City’s commercial space, donating land or other real estate matters, please contact the Strategic Real Estate department at

Please note that this department does not deal with property assessment or property taxation. For more information on those topics please visit BC Assessment and the Property Taxes page.