Serge Lakatos  

Partner

Executive Summary

Serge Lakatos is a partner in our Commercial Real Estate Group in both our Vancouver and Calgary offices. Serge practises primarily in the area of commercial real estate, with a focus on acquisitions, dispositions, development, leasing, financing and M&A in both Alberta and British Columbia, as well as the negotiation and drafting of purchase and sale agreements of real estate and business assets in Alberta, British Columbia and across Canada. He assists clients with the negotiation of project financing; drafting and reviewing of commercial, industrial, office and shopping centre leases; municipal planning matters, including subdivision approvals and zoning matters; drafting lender security, including mortgages and concluding financial lending transactions relating to real property.

Serge also has experience in the negotiation of title insurance policies; title review of freehold and Crown oil & gas leases in Alberta and BC; and dispositions of mineral interests in Alberta, Saskatchewan and BC. He has appeared before the Superior Court on foreclosure matters.

Prior to becoming a lawyer, Serge was a licensed insurance broker in BC, as well as an auditor and credit analyst with Ford Credit Canada Limited.

Representative Work

  • Acted for the Canada Pension Plan in their $1-billion acquisition of the assets of the Oxford Property Group. The acquisition consisted of a 50% stake in 11 office properties with 8.2 million sq. ft. in Calgary, Edmonton, Montréal, Ottawa, Toronto and Vancouver.
  • Acted for a group of corporations in their acquisition of the assets of certain subsidiaries of General Electric. The acquisition consisted of assets approaching $1 billion in value across North America.
  • Acted for SITQ and their sale of real property assets in Calgary, approaching $200 million in value.
  • Acted for purchasers and vendors of shopping centres in Alberta, including the 50% acquisition of an interest in a major shopping centre in Edmonton.
  • Acted for major office, retail and industrial tenants and landlord in substantial lease negotiations including major ground leases, aboriginal leases and leases with building naming rights.
  • Acted for borrowers in negotiations with lenders, including a large national corporation in its project refinancing approaching $750 million in value.
  • Acted for parties acquiring and financing large retirement residence projects across Canada including REITs in IPOs.
  • Acted for many parties involved in large multi-jurisdictional acquisitions and dispositions of commercial real estate and business assets.
  • Acted for major developers in the creation of large phased developments in Alberta and BC.

Publications & Presentations

  • Author/Speaker, "Drafting Pitfalls: The Most Troublesome Lease Clauses," Pacific Business & Law Institute, April 2015.
  • Presenter, “Be Prepared: Leasing Risks in Vancouver,” Vancouver Real Estate Leasing Conference, October 2013.
  • Author/Speaker, “Commercial Real Estate Due Diligence,” Insight Information Conference on “Advanced Commercial Due-Diligence Issues, June 19-20, 2006.
  • Author/Speaker, “The Collapsing Deal:  Special Factors Relating to Pre-Sales,” The Continuing Legal Education of British Columbia (CLE BC)  Seminar entitled “Real Estate Deals in Challenging Times,” June 2009.
  • Author, updates to CLE BC materials on the Real Estate Development Marketing Act, 2009.
  • Author, “Better Late than Never – Alberta Land Titles Office Registration System Overhaul,” BLG Real Estate Client Alert.
  • Presenter, “Lease Negotiations in a Bear Market,” BLG U.
  • Presenter, “Selected Solicitor Leasing Points – Tenant Approach,” BLG U.

Rankings & Recognitions

  • Recommended in the 2017 edition of the Legal 500 Canada (Real Estate).
  • Selected by peers for inclusion in the 2018 edition (and since 2016) of The Best Lawyers in Canada® (Commercial Leasing Law).
  • Lexpert® magazine - "Leading Cross-border Corporate Lawyer to Watch", 2014.
  • Lexpert® magazine – “Rising Star — Leading Lawyers Under 40” – Finalist, 2013.