Portfolio Planning and Development PlanningThe portfolio planning process manages the supply and demand of the government’s realty portfolio through rationalization of underutilized and vacant assets and the identification of future realty needs. This involves developing community plans and leveraging IO’s real estate options analysis tools to prepare advice to governmentThe development planning process applies real estate investment and development principles to ensure that Government receives maximum value prior to sale of surplus lands. Value is considered both through a monetary lens as well as a social, economic, and environmental perspective. Alternate value capture strategies are also explored, such as protecting parkland and species at risk in sensitive areas in exchange for development rights in urbanized areas. The development planning process also facilitates site preparation and early works for future AFP projects to ensure all site risks have been characterized prior to an AFP procurement commencing.