OBJ staff

A Guelph-based real estate investment trust has closed it purchase of more than a million square feet of local commercial space, officially marking its entry

Panacis raises $1.8M for soldier battery pack

Defence and Security

Ottawa-based Panacis Inc. is expanding its local presence to go full-steam ahead with commercialization of its new military battery system following financial contributions from investors and

Rideau Centre files expansion plans

Non-Residential

Cadillac Fairview’s plan to construct an addition to the Rideau Centre is approaching another key milestone at City Hall. The owner of the downtown shopping

Gatineau Cégep plans $10M construction project

Construction

One of the largest colleges in Gatineau is planning a $10-million upgrade to its campus. The Cégep de l’Outaouais closed a construction tender on March

Housing starts up 18% in March

Residential

The number of housing starts in Ottawa rose 18 per cent in March compared to the year previous, according to numbers released Tuesday by Canada’s

Construction permits down 29.4%

Construction

Construction intentions in Ottawa dipped sharply in February, with residential projects accounting for a large proportion of activity in the sector. A total of 420

Home sales down 15.9% in March

Residential

Local home sales in March fell to the lowest level since 2009, even as average prices closed in on an all-time high, according to statistics

InterRent purchases $24M Burlington property

Residential

An Ottawa-based real estate investment trust is continuing a streak of acquisitions with the purchase of a $24-million residential property in Burlington, Ont. InterRent REIT

Province prepares for construction on Bronson, Parkdale interchanges

Construction

The Ontario government is preparing major reconstruction plans for the off- and on-ramps of two key downtown Queensway interchanges. The province’s ministry of transportation has

Ottawa home prices down in February: report

Residential

Ottawa home prices fell in February when compared to the month before, according to new figures released this week. The Teranet-National Bank Composite House price