OBJ staff

Canadian Nurses Association to redevelop downtown HQ as residential building

Organization says it wants to retain the facade of its three-storey office at the corner of Lewis Street and the Queen Elizabeth Driveway and build a nine-storey building with 66 residential units.

Ottawa-Gatineau housing starts level off for second straight month in July: CMHC

Developers started work on 795 new dwellings across the region last month, a 19 per cent drop from a year earlier.

Minto Apartment REIT sees Q2 revenues fall despite record lease signings

The Ottawa-based REIT reported funds from operations of $11.9 million in the three-month period ending June 30, down from $12.7 million a year earlier.

Hexo shifting to Nasdaq, adding marketing guru to C-suite as expansion drive ramps up

Cannabis producer is transferring its U.S. listing from the New York Stock Exchange in a move that's expected to take effect next week.

Brigil unveils plan for 30-storey apartment highrise near Bayshore Shopping Centre

Developer recently made headlines for its plan to build multiple highrises at the site of Ottawa’s former downtown bus terminal.

Navigating the shifting demand for office, retail space

The prolonged work-from-home experiment – and questions about where employees will want to work, post-pandemic – is leaving many businesses unsure of their future office needs. 

St. Catharines firm acquires Ottawa HVAC provider Anchor Home Comfort

Anchor provides HVAC services, water heaters and products such as humidifiers and filtration systems to customers in the National Capital Region and other parts of eastern Ontario.

Ottawa’s Jennings Real Estate proposes 139-unit apartment building near Little Italy

Firm has filed an application with the city for a 10-storey building at 18 Louisa St., just south of Gladstone Avenue near the corner of Bell Street.

InterRent REIT sees signs of market turnaround as revenues rise in Q2

Ottawa-based firm said its funds from operations – a key cash-flow metric – rose 16.5 per cent compared with the second quarter of 2020 to $17.8 million. 

Home sales plummet in July, but prices keep rising: OREB

The average sale price of a residential-class property in the capital was about $685,000 last month, up 17 per cent from a year ago.

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