Mile One Centre Sale Implication Review

This report was prepared for St. John's Sports and Enertainment Ltd. by consultants KPMG pursuant to the terms outlined October 15, 2020. The consultants conducted a review of the Canadian marketplace to determine the number of privately held comparable arenas and their experience; an analysis of the building system and labour relations implications; a review of past agreements to identify any potential restrictions; an analysis of the impact on the City’s tourism and event strategy; and an overview of valuation methods to determine an accurate selling price.

This report has been redacted according to the Access to Information and Protection of Privacy Act (2015).