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Hybrid Work, Job Cuts Raise Possibility of Real Estate Sell-Off at Bell Canada

Canadian Telecommunications Giant References Property Optimization Strategy in Earnings Call
Bell Canada's real estate holdings include this 21-floor office tower and connected buildings in downtown Montreal. (Olivier Gariépy/CoStar)
Bell Canada's real estate holdings include this 21-floor office tower and connected buildings in downtown Montreal. (Olivier Gariépy/CoStar)

Bell Canada Enterprises, the country's most widely held publicly traded company, could shed property as part of what it describes a “real estate optimization strategy” after workforce cuts and adopting a hybrid policy that lets some of its nearly 50,000 employees to keep working from home.

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